China can reach ‘high-income status’ in the next five, Xi Jinping tells Community Party
The target is similar to the current goal to double China’s GDP and income from 2010’s levels by 2020, as well as to build a ‘moderately prosperous society’ by the end of 2020
03 November 2020 - 16:43
Chinese President Xi Jinping said the economy can double in size by 2035 and the country can reach high-income status in the next five years as the Communist Party outlined ambitious plans for the nation’s future.
“It is entirely possible to reach the high-income country status by current standards by the end of the 14th Five-Year Plan, and to double the total economic output or per capita income by 2035,” Xi said in a speech to the party’s Central Committee, according to state media Xinhua...
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