ures are consistent with the top-line measured GDP growth number. For example, production and
supply of electricity, thermal power, gas and water increased by 7.1 percent in the quarter. Pl
us, value-added index of transport, storage and post increased by 7.3 percent.
A closer look at the highest growth sectors shows that the economy is moving toward the long-term goal of shif
ting away from a development strategy based on heavy investment in industry and
infrastructure to one based on services and domestic consumption. Also, more productive industries that tur
n out higher-value added goods are growing at a much faster rate than traditional heavy industry.
Among large companies, State-owned enterprises grew 4.5 percent yea
r-on-year while shareholding enterprises grew almost twice as fast, at 7.8 percent. So, stro
ng progress is being made toward the goal of promoting private enterprise, which was re
inforced by many policies announced at last month’s meeting of the National People’s Congress.
Jinping, general secretary of the Communist Party of China Central Committee, presiden
t, and chairman of the Central Military Commission, makes a visit to political advisers from the secto
rs of culture, art and social sciences who are attending the second session of the 13th National Committee of the Chin
ese People’s Political Consultative Conference, March 4, 2019. [Photo/Xinhua]
BEIJING – President Xi Jinping on Tuesday stressed efforts to maintain strategic resolve in enhancing the bui
lding of an ecological civilization, and protect the beautiful scenery in the country’s northern bordering areas.
Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military C
ommission, made the remarks when attending a panel discussion with his fellow deputies from Inner Mongolia aut
onomous region at the second session of the 13th National People’s Congress, China’s national legislature.