Ensuring People's Well-being during Rapid Economic Growth——Insights from Comparisons between China and Foreign Countries
This article reviews the remarkable achievements in China's economic development since the founding of the People's Republic of China from three perspectives:quantitative growth,qualitative development,and benefits shared by all citizens.The study finds that since its founding,China has achieved sustained rapid growth and historic advancements.More-over,an analysis of the quality of China's economic development reveals that the country has realized upgrades in industrial structure,products,and technology,with its industrialization process steadily advancing towards a greener and more sustainable path.More importantly,China's economic development has benefited all its people,with significant improvements in the overall health and quality of life of Chinese citizens.People now have more opportunities to receive higher-quality education,and the fruits of economic development are shared by the entire population.Finally,this article examines changes in housing and transportation to further illustrate the tangible ways in which economic development has improved the lives of the Chinese people.
Chinese economyeconomic growthdevelopment qualitypeople's well-being