
A new start for China's development and new opportunities for the world economy
Dec 26,2020
author:
The recently concluded central economic work conference called for the construction of a new development pattern. Next year, we should take a good first step and see a new atmosphere. As the world's second largest economy and the only major economy in the world to achieve positive economic growth this year, China's construction of a new development pattern and the promotion of reform and opening up at a higher starting point will provide a broader market and more new opportunities for development for all countries in the world.
New opportunities come from the continuous release of consumption potential. China has a huge market of 1.4 billion people, which is an important engine of global economic growth. As of November, Japan's exports to China have maintained a positive growth for five consecutive months. The operating revenue of Zeiss in China in the latest fiscal year has reached 8 billion yuan, which makes China surpass the United States and Germany and become the largest market of Zeiss in the world It is predicted in a report that China's middle-income group will reach 800 million in the next 15 years, with strong consumption upgrading momentum and huge potential.
The meeting put forward "adhering to the strategic basis of expanding domestic demand", stressed that "effective institutional arrangements must be made in reasonably guiding consumption, savings and investment", and made supporting policy arrangements such as expanding consumption, promoting employment and increasing investment. Ding Ke, a researcher at Japan's Asian Economic Research Institute, believes that the meeting proposed to adhere to expanding domestic demand, pay attention to demand side management, optimize the income distribution structure, and expand the middle-income group, which are very important for China to form a strong domestic market and achieve high-quality development.
New opportunities come from the firm pace of opening up. China adheres to the opening-up strategy of mutual benefit and win-win results, continues to promote the expansion of opening-up, strives to improve the investment and business environment, and greatly reduces restrictions on foreign investment access. It is one of the most popular foreign investment destinations in the world. This year, global cross-border investment has suffered a severe setback. However, China's actual use of foreign investment has shown a steady and positive trend, becoming one of the few major economies in the world that attract foreign investment to maintain growth. International Investment giants are optimistic about China's huge opportunities and have launched new strategies focusing on China, according to the report of the Peng Bo news agency. Morgan Stanley Asia Pacific executives said that Morgan Stanley is "a huge beneficiary of this openness.".
This meeting stressed the need to "comprehensively promote reform and opening up", proposed "strengthening international macro policy coordination", "creating a market-oriented, rule of law, international business environment" and "actively consider joining the comprehensive and progressive trans Pacific Partnership Agreement" A series of clear and powerful policy signals show China's determination to implement "opening to the outside world in a wider scope, in a wider field and at a deeper level". Yu Hong, a senior researcher at the Institute of East Asian Studies at the National University of Singapore, said that China's comprehensive promotion of reform and opening up and attracting more foreign investment through improving the business environment will contribute to China's economic development and the recovery of the world economy.
The opportunity comes from the new development strategy. Innovation plays a key role in the overall situation of China's modernization construction, which is the key to solve the problem of unbalanced development and promote high-quality development. This conference will strengthen the national strategic science and technology strength as the first key task of next year. In the future, with the continuous enhancement of new momentum of China's innovation and development and the rapid growth of new industries, the vitality of China's economy will further burst out, thus effectively promoting global growth.
According to a recent report released by International Data Corporation, China's share in the global AI market will reach 15.6% in 2024, becoming an important driving force for global market growth. Saudi Arabia's Finance Minister Muhammad jadan said that as Saudi Arabia expands digital services to the whole country, many Chinese enterprises have helped the country's development in areas such as 5g. "We attach great importance to China's cooperative partners and hope to expand the cooperation between the two countries in the process of further developing the digital economy."
China's development is inseparable from the world, and the prosperity of the world also needs China. As China embarks on a new journey of building a modern socialist country in an all-round way, the high-quality development of China's economy is bound to inject more confidence and vitality into the world in the post epidemic era. (reporter Li Jie)
Source: Xinhua News Agency
Related news
Large optimization of kitchen and bathroom space, so that it can be better used
The case we shared today is a room with a small bathroom and a large kitchen. The reasonable use of partition walls can double our space utilization.
2022-11-17
The second constellation exclusive bathroom, feel the fit of the home and the soul
In terms of function, the traditional smart toilet has basically the function of this toilet. The most special is that Yilai smart toilet uses glazed glaze fired at 1280 degrees high temperature. The whole pipe is glazed. The glaze can remove more than 90% of E. coli and Staphylococcus aureus, and care for women's health.
2022-10-15
Help enterprises boost light industry to seize new opportunities of RCEP
In order to implement the important deployment of the State Council on "strengthening the training on the implementation of the agreement", the Ministry of Commerce held the second online special training on the regional comprehensive economic partnership agreement (RCEP) from March 22 to 23. The training focuses on the impact of RCEP on the industry, helps local and enterprises get familiar with the contents and rules of the agreement, improves the management level and policy utilization ability, and enhances the ability to participate in international cooperation and competition.
2021-03-27
I wish our enterprise a more brilliant tomorrow, I wish you a happy new year, all the best!
2021-02-09
China EU pragmatic cooperation injects strong momentum into the global economy after the epidemic
The emergence of the novel coronavirus pneumonia in 2020, which brought the "black swan" to the world, has brought more adverse currents to economic globalization. The simultaneous contraction of Global trade investment scale and total economic output has aroused concern of all parties. The United Nations Conference on Trade and development called in the trade and development report 2020 that if there is no radical policy to reactivate trade and capital flows, the recovery and development resilience of the global economy will face enormous pressure.
2021-01-23
Is the kitchen sink blocked? Don't worry. It can be solved in this way
The production of three meals a day includes not only the period of cooking, but also the work before and after cooking. And the smooth progress of the two periods of work, can not do without the use of the kitchen sink. In the first half of the time, we need to prepare the ingredients needed for cooking. We will pick and wash vegetables in the sink. In the second half of the time, we need to clean the oily and dirty dishes in the sink.
2020-11-21
Contact Us
B Zone Dongxi Development Area. Zhishan Town, Heshan City, Guangdong Province, China.
Follow Us





SEO TAG | Powered by www.300.cn Jiangmen