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| Well－off society, a realistic objective for China （1） |
| CCTV.COM 2002-11-12 09:11:41 |
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 Two decades ago when he was publicizing China's strategic objective for the end of the century, Qian Zhi, who was newly graduated from the Economics Department of Shanghai－based Fudan University, was not very sure of it himself.
"The objective, to have the country's GDP of the year 1980 quadrupled by 2000 to reach 2.8 trillion yuan, sounded astronomical at that time," recalls Qian Zhi now attending the on－going 16th National Congress of the Communist Party of China （CPC） as a delegate.
Economist Hu Angan, who is following the congress, admits that when the objective was first proposed, no one in the rest of the world seemed to believe it accomplishable. "Even we （economists） dared not think of it in our study."
Twenty years on, Jiang Zemin's report to the 16th Party congress puts forward yet another goal, that of building a well－off society in an all－round way by the year 2020, when the country's GDP is expected to exceed a whopping 35 trillion yuan, quadruple the 2000 figure.
While Hu deems the grand goal possible, Qian is more ready to accept it. "It can very well be achieved, with a margin left even, if efforts are put into it," says Qian, now Party secretary for Changji Hui Autonomous Prefecture in west China's Xingjiang.
Given the guidance from Deng Xiaoping Theory and Jiang Zemin's important thought of Three Represents, and experience accumulated from, and the foundation laid by, economic development in the last 20 years, as well as a socialist market economy that tallies with Chinese conditions, he said he is full of confidence that the objective can be accomplished, particularly when the period for the objective's accomplishment offers important strategic opportunities.
According to an analysis from Hu Angang, director of the Center for Chinese Studies, Tsinghua University, the fairly high rate of domestic savings in China will accordingly bring about a high rate of domestic investment. In addition, a rise in the average education level in the last 10 years and improved education quality in years to come, as well as a more vigorous state－owned economy and improved non－public economies, will join forces with market－oriented reforms to propel the growth of the Chinese economy.
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Editor: Yang Yang Source:Xinhua
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