It is anything but easy for a country of 1.3billion people to achieve peaceful rise. At present, China faces "three major challenges" in its economic and social development.
The first challenge comes from the shortage of resources, particularly energies. China lags behind the world in terms of per capita hold of resources. Meanwhile, due to the fast speed of our economic development coupled with the low level of science and technology, China manufacturing industry is among the most energy-consuming in the world. Consequently, resources in China,especially energies, have been in tight supply.
The second challenge is from ecological environment. The serious environmental problem caused by severe pollution, deteriorating ecological conditions, huge consumption of resources and low reclamation has already become a bottleneck for the sustainable development of the Chinese economy.
The third challenge is posed by a string of imbalances in economic and social development. Because of this, we need to balance the rapid and continuous GDP growth rate against the pace of social construction, and balance emphasis on equality and narrowing down gaps against efforts to maintain vitality and enhance efficiency in ecnomic activity.