City aims to double GDP in 15 years

Writer: Han Ximin  |  Editor: Holly Wang  |  From: Shenzhen Daily  |  Updated: 2020-12-24

Shenzhen will strive to double the size of its economy and regional per capita GDP of this year by 2035, according to a proposal on the city’s 14th Five-Year Plan to guide its economic and social development over the coming five years and the blueprint for a long-term strategy that outlines its vision for 2035.

The proposal was approved Tuesday at a meeting of the city’s top leadership of the Communist Party of China (CPC).

During the 14th Five-Year Plan period (2021-2025), Shenzhen will push forward high-quality development, construction of the Guangdong-Hong Kong-Macao Greater Bay Area, the implementation of innovation-driven development, and a comprehensive reform pilot program.

As per the blueprint, by 2035, Shenzhen will become a globally recognized center of innovation, entrepreneurship and creativity, and a model in China’s drive to build itself into a powerful modern socialist country, and take the lead in realizing socialist modernization.

The city will also aim to become a pinnacle in high-quality development and a world-leading city in terms of urban comprehensive competitiveness.

It will be built into a model city in the rule of law, build a first-class government and society ruled by law, create an impartial world-class business environment, and establish a complete, scientific and efficient social governance system.

It aims to become a model city that is open and inclusive with refined taste and humanistic charms, and lead the world in fashion innovation.

The city will be a benchmark city in people’s sense of happiness, making great strides in education, employment, health care and housing for its people, a pioneer in achieving sustainable development with decreasing carbon emissions, and a model for the Beautiful China Initiative that seeks to accomplish harmony between man and nature.

In August 2019, China released a guideline for building Shenzhen into a pilot demonstration area for socialism with Chinese characteristics. The guideline said by 2025 Shenzhen will rank among the world’s top cities in economic strength and quality of development, with intensive research and development investment and a world-class innovation capacity. By 2035, Shenzhen is expected to become a national model of high-quality development and a top world city.

Last month, the top leadership of the country’s CPC set sweeping social and economic development goals for the next five to 15 years that aim to build the world’s most populous nation into a modern socialist power in the economic, technological and other fields by 2035.