China to ramp up realizing socialist modernization by 2035

During the 15th Five-Year Plan (2026-30) period, China is expected to consolidate the foundation and make full efforts, especially focusing on high-quality development, for promoting and basically realizing socialist modernization by 2035, according to Jia Ruoxiang, a researcher at the Institute of Land Development and Regional Economy, Academy of Macroeconomic Research, National Development and Reform Commission, at a press salon on Monday.

“As a super-large economy, China has a large territory, with huge gap among regions as well as urban and rural developments. Therefore, it is necessary for China to coordinate the development of the whole country, including different regions and fields, in Chinese-style modernization,” said Jia.

In such a vast land, the country has regional natural resources, economic foundation and huge development potential, which determine different regions to find their advantages at the planning stage.

Agricultural-orientated areas, mainly producing agricultural products, secure food security for the country, freeing 1.4 billion people from worries over food. Urbanized places, meanwhile, may focus on industrial distributions, cluster and intensified development.

Being in line with the nation’s strategic plans and leveraging regions’ advantages so that it gives more solid support to high-quality development regional layout and territorial spatial planning, advancing the Chinese-style modernization.

In addition, the analysis of the international situation is a critical consideration for every five-year plan compilation, according to Jia.

In 2024, China's total goods trade reached 43.85 trillion yuan, tying closely with the world economy.

China is now enhancing high-quality development on economy and improving people’s life more solidly, providing strong stability to world’s uncertainty. In this way, China can make more contributions to international economic development, according to Jia.