Xinhua Insight: The Chinese dream continues to make a difference

China is moving closer to its goal of building an all-round moderately prosperous society by 2020, inspired by the Chinese dream of the great rejuvenation of the Chinese nation.

Tuesday marks the fourth anniversary of the Chinese dream concept, and remarkable progress has been made in state governance, reform and development, as well as domestic and foreign affairs, under the leadership of the Communist Party of China (CPC) Central Committee with Comrade Xi Jinping as the core.

NEW ECONOMIC MOMENTUM

The Chinese economy has demonstrated great stability and resilience, providing a solid foundation for the country's drive to complete the building of an all-round moderately prosperous society by 2020.

Figures speak for themselves. China's GDP grew 6.7 percent year on year in the first three quarters this year; China's producer price index, which measures costs for goods at the factory gate, ended a 54-month straight decline in September; the country has also seen rising figures in investment, industrial output and corporate revenue.

Over the past years, the Chinese economy has gained new momentum, and growth in emerging and high-tech industries has accelerated. The country has seen nearly 15,000 new enterprises registered on average each day.

Quality economic growth has been boosted by China's economic restructuring. Statistics show that the added value of the tertiary sector accounted for 52.8 percent of the country's GDP in the first nine months of this year, up 1.6 percentage points year on year, while energy consumption per unit of GDP fell by 5.2 percent.

The Chinese dream goes hand in hand with the Chinese people leading happy and satisfying lives, and China has strived to enable more people to benefit from the country's development.

China has carried out various measures to improve people's livelihoods, such as household registration reform, investments in rural education and subsidies for the disabled.

This year the central and provincial governments earmarked a record high of over 100 billion yuan (around 14.5 billion U.S. dollars) for poverty relief.

At the same time China, amid stagnant global growth and a rise in trade protectionism, has embraced the world with more confidence and an open mind.

From the Belt and Road Initiative and the Asian Infrastructure Investment Bank to the Hangzhou G20 summit and Lima APEC meeting, Chinese wisdom has pointed the direction for world development.

ROADMAP FOR CHINESE DREAM

To pursue its dream, the country must ensure it is on the right track.

Since the 18th National Congress of the CPC in late 2012, new concepts, ideas and strategies for state governance have been formulated, with an overall approach that emphasizes development in several areas: economy, politics, culture, society, and ecology; the strategic layout of the "Four Comprehensives"; the "five development concepts" as engines of growth; and improving peoples' well-being.

"These new concepts, ideas and strategies have become increasingly well-developed, practical and widely supported; they offer fundamental guidance, a clear direction and strength for us to pursue the Chinese dream," said Xin Ming, a professor with the Party School of the CPC Central Committee.

Among these new concepts, ideas and strategies, the "Four Comprehensives" creates pathways to realize the Chinese dream.

To build an all-round moderately prosperous society, the country has to maintain steady economic growth and fight a tough battle in poverty relief.

Comprehensively deepening reform is a driving force to achieve the objectives of the 13th Five-Year Plan (2016-2020) and beyond. Completely implementing the rule of law will bring equality and justice to the people.

Since the 18th National Congress of the CPC, the CPC Central Committee with Comrade Xi Jinping as the core has strived to forge over 80 million Party members into role models and pioneers. Governing the Party strictly provides a fundamental guarantee for realizing the Chinese dream.

At the Fifth Plenary Session of the 18th CPC Central Committee held last year, the central authorities proposed five development concepts: innovation, coordination, green development, opening up and sharing.

One year on, these concepts have become voluntary practices for central departments, localities, enterprises and individuals.

According to the Shenzhen Stock Exchange, 546 companies on the exchange with innovation at their core increased net profits 44.3 percent year on year in the first nine months of 2016, significantly higher than the average profit growth in other Chinese enterprises.

Under the five development concepts, the Chinese economy is moving from a "black economy" to a "green economy," and from an industrial heavy economy to the "new economy."

INNOVATION-DRIVEN DEVELOPMENT

In certain landlocked villages in northwest China, it has been difficult for fruit farmers to sell their produce due to a lack of highways, but the situation has changed at Xinhe village in Gansu Province thanks to an online sales platform launched one year ago by former soldier Kang Weiqi.

"It feels like dreaming, and I can not believe it," Kang said. His trade volume has reached 8.7 million yuan, something he never thought possible.

Innovation has gained momentum in China. Kang is the epitome of the young Chinese who have started up businesses over the past few years.

In a town in western Hangzhou, capital of east China's Zhejiang Province, a part-time recruitment platform created by a group of young people in May 2015 has brought great changes.

The platform has over 20 million student users and an estimated value over 100 million yuan. Currently more than 4,000 young entrepreneurs have started their businesses using the platform, and the town has over 780 startups.

Such changes could not be made without people's aspiration for a better life and support from the government.

As China gets closer to achieving national rejuvenation than ever, unprecedented difficulties and challenges remain. There are over 50 million people living in poverty; people expect more fairness and justice; and the anti-corruption drive continues unabated. Endi