High-quality development


High-quality development is a political slogan promoted by the Chinese Communist Party. It was coined by CCP General Secretary Xi Jinping at the 19th CCP National Congress in October 2017 to promote a more sustainable development of the Chinese economy.

History

The term was first used by Xi Jinping at the 19th CCP National Congress in October 2017. During the meeting, he said China was transitioning away from a "high-speed growth phase" to high-quality growth.
In October 2020, the 5th Plenary Session of the 19th CCP Central Committee declared that China "has entered a stage of high-quality development." During the Central Economic Work Conference in December 2023, Xi called high-quality development the "hard truth of the new era". The 3rd plenary session of the 20th CCP Central Committee declared that high-quality development is "the top mission of building a modern socialist country".

Content

The main components of high-quality development include:
  1. Building a high-level socialist market economic system.
  2. Building a modern industrial system.
  3. Comprehensively promoting rural revitalization.
  4. Promoting coordinated regional development
  5. Promoting high-level opening up to the outside world.