China is setting a new direction for its future development by prioritizing investments in human capital. During the annual meetings of the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) in Beijing, President Xi Jinping emphasized the critical role of science, technology, education, and talent in modernizing the nation. The 2025 agenda introduces the innovative concept of "investing in people," shifting focus from traditional physical investments like infrastructure to enhancing the quality of human resources.
Xi Jinping highlighted the importance of creating an environment where talents can thrive, urging that everyone fully display their abilities and contribute to economic growth. The government recognizes that human capital is essential for high-quality development and plans to allocate more resources to areas such as education, healthcare, and elderly care. This approach aims to improve living standards while stimulating economic advancement, achieving a balance between people's well-being and national development.
Reference(s):
China's agenda in 2025: Investing in people to cultivate talents
cgtn.com