CGTN: How China boosts high-quality development, high-efficiency governance for modernization drive
CGTN published an article on Chinese President Xi Jinping's inspection tour of central China's Henan Province. Focusing on the province's efforts to boost high-quality development and enhance governance efficiency, the article highlights the Chinese president's emphasizing that high-quality development is fundamental to advancing Chinese modernization.
BEIJING, May 21, 2025 (GLOBE NEWSWIRE) -- Located in Luoyang in central China's Henan Province, Luoyang Bearing Group Co., Ltd. is a traditional manufacturing firm that has invested heavily in scientific and technological research and made significant progress in industrial upgrading in recent years.
The firm has built a leading domestic bearing test platform for aerospace, wind power generation, high-speed railways, and new energy vehicles and has realized full digitalization of products from design, material selection, and production to delivery by applying technologies such as 5G Industrial Internet of Things.
During the 14th Five-Year Plan (2021–2025) period, the firm made 13 sci-tech achievements that reached international standards. Its wind turbine main bearings now hold over 40 percent of the domestic market share.
"Modern manufacturing relies on sci-tech empowerment," Chinese President Xi Jinping said on Monday while visiting the enterprise during an inspection tour of the province, calling for greater efforts in the quest for core technological breakthroughs and pursuit of a path of independent innovation.
He underscored unwavering confidence in boosting high-quality development and enhancing governance efficiency, urging Henan to open a new chapter in advancing Chinese modernization.
Boosting high-quality development
By the end of 2023, Henan had become home to approximately 10.94 million business entities of various types. Several of them have continuously created new momentum for development by focusing on building a green, low-carbon and circular economic system, effectively reducing the resource and environmental costs of development and enhancing their development potential.
The province has unveiled 27 provincial laboratories and six provincial industrial technology research institutes, which have become important platforms for developing new quality productive forces.
The 27 laboratories focus on multiple cutting-edge fields, such as new materials, new energy, biomedicine, food technology and nanobiology. They have also integrated production, study, research and application, playing a major role in transforming and upgrading traditional industries and the high-quality development of strategic emerging industries.
There are 12,000 high-tech enterprises in the province, and the annual average growth rate of technology contract transaction volume has reached 62.3 percent.
The province has recently issued an action plan for promoting high-quality development of the private economy, aimed at increasing support for private enterprises in areas such as transformation and upgrade, innovation, market development, talent introduction, and investment for research and development.
Guided by sci-tech innovation, the province should develop new quality productive forces in line with local conditions and enhance the support for the modern industrial system to promote high-quality development, Xi said.
During the inspection tour, Xi also visited the White Horse Temple, originally built during the Eastern Han Dynasty (25-220), and the Longmen Grottoes, an over 1,500-year-old UNESCO World Heritage site, learning about local efforts to preserve and inherit Chinese culture.
Xi said the integration of culture and tourism holds great potential and requires effort to promote the high-quality development of the sector and turn it into a pillar industry that benefits the people and enriches their lives.
Enhancing governance efficiency
In late April, Xi presided over a symposium on China's economic and social development in the 15th Five-Year Plan (2026-2030) period, where he urged greater emphasis on ensuring both development and security and promoting the positive interaction between high-quality development and high-level security through high-efficiency governance.
Henan Province has continued to improve the level of law-based practice, intelligence and professionalism of grassroots governance and enhanced people's sense of gain, happiness and security.
Empowered by smart governance, local governments are improving the quality of public services. For example, the use of artificial intelligence has enabled local governments to collect, organize, and categorize queries related to people's livelihoods faster and offer solutions more efficiently.
The province has also taken concrete measures to rectify pointless formalities and bureaucracy to effectively reduce the burden on the grassroots by standardizing village (community) work affairs, procedures and certification matters.
Beyond Henan, the country has rapidly advanced e-governance, introducing one-stop government service platforms and virtual public services to enhance administrative efficiency and modernize governance.
Emphasizing the need to enhance social governance, Xi urged efforts to improve public service levels, give full play to the role of the rule of law in regulating and safeguarding social governance, and enhance comprehensive prevention and control measures to ensure social security.
For more information, please click:https://news.cgtn.com/news/2025-05-20/How-China-boosts-high-quality-development-high-efficiency-governance-1DwZSmLcH7i/p.html
CONTACT: Contact: CGTN, cgtn@cgtn.comSign in to access your portfolio
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

18 minutes ago
China's exports climb 4.8% in May as shipments to the US fall nearly 10%
China's exports rose 4.8% in May from a year earlier, a bit lower than expected, as shipments to the United States fell nearly 10%, according to data released Monday just hours ahead of another round of trade talks between the U.S. and China. Imports declined 3.4% year-on-year, leaving a trade surplus of $103.2 billion. China exported $28.8 billion to the United States in May, while its imports from the U.S. fell 7.4% to $10.8 billion, the report said. Still, exports to Southeast Asia and the European Union remained robust, growing 14.8% and 12%, year-on-year. 'The acceleration of exports to other economies has helped China's exports remain relatively buoyant in the face of the trade war,' Lynne Song of ING Economics said in a commentary. Still, trade slowed in May from an 8.1% jump in China's global exports in April. Many businesses had rushed orders to try to beat higher tariffs, even as some new import duties took effect or remained in place. Exports will likely rebound somewhat in June thanks to a 90-day suspension of most of the tariffs China and the U.S. imposed on each other in their escalating trade war. 'But with tariffs likely to remain elevated and Chinese manufacturers facing broader constraints on their ability to sustain rapid gains in global market share, we think export growth will slow further by year-end,' Zichun Huang of Capital Economics said in a report. Despite the tariffs truce, the rancor between Beijing and Washington has persisted, with angry exchanges over advanced semiconductors, 'rare earths' that are vital to many industries and visas for Chinese students at American universities. The next round of negotiations was due to take place later Monday in London, following a phone call last week between Trump and Chinese leader Xi Jinping. Other data released Monday highlight the pressure on the world's second largest economy from slowing exports, since China imports many of the components and materials needed for the goods it assembles for the world. But at the same time, China's own domestic markets are suffering. The government reported that consumer prices fell 0.1% in May, evidence of sluggish demand. The persisting deflation partly reflects lower food prices, economists said. Producer price deflation was worse, contracting 3.3% in May, its lowest level in almost two years, after falling 2.7% in April.
Yahoo
23 minutes ago
- Yahoo
China exports slow and deflation deepens as tariffs bite
STORY: There were more signs Monday that U.S. tariffs are starting to bite in China. New figures showed exports rising just 4.8% on the month in May. That was well down on April, and the slowest rate for three months. Imports also tumbled far more than expected. Overseas shipments had surged earlier in the year, as U.S. firms rushed to stock up on Chinese-made goods before the tariffs kicked in. That meant some slowdown had been expected later in the year, but May's figure was still worse than forecast. One analyst said exports were probably also hit by tough customs inspections, with China looking to enforce its own curbs on shipments to the U.S. Monday's figures also showed declines in Chinese imports of oil, coal and iron ore - adding to signs of weak demand at home. That also showed up in producer and consumer price data. Both extended declines, with producer prices dropping 3.3% in May - the sharpest contraction in 22 months. In a symbol of the sagging demand, U.S. coffee chain Starbucks said Monday it would lower prices in China for some iced drinks. Now the numbers are likely to increase pressure on policymakers to step in with more stimulus measures. Beijing last month rolled out moves including cuts to benchmark interest rates, with more steps now widely expected over the course of this year. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Insider
41 minutes ago
- Business Insider
RoboSense Technology Company., Ltd (2498) Receives a Buy from DBS
In a report released today, Elizabelle Pang from DBS reiterated a Buy rating on RoboSense Technology Company., Ltd (2498 – Research Report), with a price target of HK$45.00. The company's shares closed last Friday at HK$32.60. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Pang is a 2-star analyst with an average return of 0.4% and a 54.44% success rate. Pang covers the Consumer Cyclical sector, focusing on stocks such as Tesla, Hesai Group Sponsored ADR, and Bayerische Motoren Werke Aktiengesellschaft. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RoboSense Technology Company., Ltd with a HK$45.00 average price target.