October 1 marks 75th anniversary of founding of China
The upcoming October 1 marks the 75th anniversary of the founding of the People's Republic of China and it beckons with anticipation, El.kz citesglobaltimes.cn.
The city of Beijing has been geared up as a vibrant giant flower basket gracefully rose in Tian'anmen Square and workers wove a colorful tapestry of flowers decorations along Chang'an Avenue to welcome guests from across China and the world. Children laughed with their joyous giggles weaving through the air, and adults captured cherished moments with cameras in hand, sending heartfelt blessings to the homeland.
Over the past 75 years, China has transformed from a poor and backward country into a moderately prosperous society in all respects. Today, China ranks among the world's leading economic powers and is the largest manufacturing, goods trading, and foreign exchange reserve country globally.
Over the past 75 years, China's GDP has risen from 67.9 billion yuan ($9.67 billion) in 1952 to 126 trillion yuan in 2023, accounting for approximately 17 percent of the global economy. Its national economic output has grown 223 times, and per capita GDP has increased from 119 yuan in 1952 to over 89,000 yuan last year.
Over the past 75 years, China's circle of friends has also expanded, with diplomatic relations established with a total of 183 countries as of September, contributing to global stability. In September, leaders from China and Africa successfully convened the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) in Beijing, setting forth plans to enhance China-Africa cooperation in the new era. And more events are anticipated to be held between China and other members ofthe Global South nations in the upcoming months to address development and other global challenges.
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