Article Author: Hu Angang

Abstract:

The goal of China-style modernization development in 2035 is that per capita GDP reaches the level of moderately developed countries. To this end, this article first analyzes the major economic changes in the world and China from 2000 to 2020. China has gone from low-income to low-middle income to high-middle income, and will then enter a high-income level. China's economic growth trend from 2023 to 2035 is predicted. China will maintain medium-to-high growth and is expected to achieve three doublings of GDP or per capita GDP and labor productivity in 2035 compared with 2020. It further analyzes the sources of comprehensive factors for my country to achieve medium-to-high-speed growth, which will maintain the world's highest overall labor productivity growth rate. Eight favorable conditions for China to reach the level of a moderately developed country were discussed respectively. Finally, the historical significance and world significance of Chinese-style modernization are summarized.

Keywords: China’s Economic Development; Economic Growth Trend; Chinese-Style Modernization; Economic Development Motivation; Level Of Moderately Developed Countries

Article Review Status: Published

Pages: 34- 51

Download PDF

Get Journal Copy

Sign up for Newsletter