China Celebrates 76th Anniversary of Founding, Underscoring Economic and Social Development

Strategic Insights -

China has undergone significant transformation over the past 76 years, emerging as the world's second-largest economy and lifting over 700 million people out of poverty. The country has achieved comprehensive well-being, with its economy growing by 5.3% in the first half of this year, maintaining a leading position among major economies. China's development has benefited the world, with its high-quality development and global governance initiatives contributing significantly to global peace and prosperity.

Key Takeaways:

  • China has developed into the world's second-largest economy over the past 76 years, achieving comprehensive well-being and lifting more than 700 million people out of poverty.
  • China's economy grew by 5.3% in the first half of this year, maintaining a leading position among major economies, demonstrating strong vitality and resilience.
  • China has become the largest trading partner of more than 150 countries and regions, contributing more than 70% to global poverty reduction and more than 30% to global growth for many consecutive years.
  • China has contributed the largest number of peacekeepers among the permanent members of the Security Council, promoting peacemaking and dialogue on hot-spot issues.
  • President Xi Jinping has put forward initiatives on global development, global security, global civilization, and global governance, advocating for the building of a community with a shared future for mankind.
  • China has upheld high-level opening up, becoming the largest trading partner of over 150 countries and regions, contributing over 70% to global poverty reduction, and for many consecutive years, contributing over 30% to global growth.
  • China and Italy have set an example of mutual benefit and win-win cooperation between countries with different social systems, cultural backgrounds, and stages of development.
  • Annual trade between China and Italy has increased from US$120 million to US$72.54 billion as of 2024, a more than 600-fold increase.
  • China and Italy maintain communication and coordination in multilateral forums such as the United Nations and the G20, respecting each other's concerns and safeguarding common interests.

Statistics:

  • China has achieved comprehensive well-being over the past 76 years, lifting more than 700 million people out of poverty.
  • China's economy grew by 5.3% in the first half of this year.
  • China has contributed more than 70% to global poverty reduction and more than 30% to global growth for many consecutive years.
  • China has contributed the largest number of peacekeepers among the permanent members of the Security Council.
  • President Xi Jinping's global governance initiatives aim to build a community with a shared future for mankind.
  • Annual trade between China and Italy has increased by over 600 times, from US$120 million to US$72.54 billion as of 2024.
  • Nearly 90 flights fly between China and Italy weekly.
  • Over 30,000 Chinese students make up the largest group of international students in Italy.

Sources:

  • Ministry of Foreign Affairs of the People's Republic of China
  • Ministry of Foreign Affairs of the People's Republic of China (September 17)
  • Contify.com (2021)