Chi Fulin, President of China (Hainan) reform and Development Research Institute: promoting reform with opening up and activating the driving force of economic and social development

2021-12-24

"The reform and opening-up policy should activate the driving force of development". When deploying next year's economic work, the central economic work conference put forward clear requirements for the reform and opening-up policy. What are the key tasks and directions of reform and opening up in 2022? In this process, how to effectively promote the implementation and effectiveness of policies and turn them into development power? In this regard, Chi Fulin, President of China (Hainan) reform and Development Research Institute, accepted the economic reference daily In an exclusive interview, the reporter said that promoting reform through opening up will become a prominent feature of China's comprehensive deepening reform in the next stage. Institutional reform should be promoted by institutional opening. We will achieve deeper integration of China's economy and the international economy in the process of high-level opening-up, and form a driving force for economic and social development and reform. Through high-level opening up, China will strive for the initiative in international economic competition and make a more important contribution to world economic growth. Chi Fulin said that in the face of the triple pressure of shrinking demand, supply shock and weakening expectations, the central economic work conference made a series of arrangements, defined the basic line centered on economic construction, and insisted on giving prominence to the realization of high-quality development. "On the basis of stability, we should firmly grasp the structural policy transformation to resolve some structural risks and promote the structural transformation of the economy, so as to achieve high-quality development." Chi Fulin said that at present, China's economic development is at the key node of economic transformation and upgrading focusing on structural adjustment. We need to seize the important opportunity of economic transformation and upgrading and strive to solve the problems of systems and mechanisms restricting economic growth. He further analyzed that, first, China's industrial structure is being optimized and adjusted. In the next 5-10 years, service-oriented, innovative, green and open economic forms will gradually take shape, which will bring considerable market space and make new contributions to the stability and growth of the global economy. In 2020, the proportion of China's tertiary industry in the national economy will rise to 54.5%, 16.7 percentage points higher than that of the secondary industry. However, compared with the average level of more than 60% in the later stage of industrialization, there is still much room for improvement. Therefore, we should strengthen structural adjustment with scientific and technological innovation as the support and the development of producer services as the focus. Secondly, regional structure adjustment. The central economic work conference required that "regional policies should enhance the balance and coordination of development. Major regional strategies and regional coordinated development strategies should be deeply implemented to promote the coordinated development of the East, central, West and northeast regions." To promote coordinated regional development, we should, on the basis of rational regional layout, encourage all localities to make important breakthroughs in comprehensively deepening reform and high-level opening up, so as to form a new pattern of regional economic layout and coordinated regional development with obvious main functions, complementary advantages, mutual promotion and high-quality development. For example, Guangdong Hong Kong Macao Great Bay area focusing on the integration of service trade; Hainan free trade port focusing on establishing a regional market facing ASEAN. Third, the consumption structure has been upgraded. In 2021, China's consumption will face great pressure in the short term, but we should see the potential in the medium and long term. In 2020, the total retail sales of social consumer goods in China was $5.68 trillion, 97.6% of that in the United States in the same period. According to the average growth rate in the past five years, it is estimated that by 2022, the total retail sales of social consumer goods in China will reach US $6.06 trillion, which may exceed US $5.92 trillion in the United States and become the largest retail market of consumer goods in the world. Chi Fulin stressed that with the economic and social transformation and upgrading, there is a huge space for the growth of service-oriented consumption of Chinese residents. It is estimated that by 2035, the proportion of residents' service-oriented consumption may increase from 42.6% in 2020 to about 60%, resulting in trillions of dollars of consumption increment. "That is to say, while seeing the short-term weakness of China's consumer market, we should analyze the medium and long-term trends, especially pay attention to the new consumer demand generated by the changes of consumption structure and main body." In Chi Fulin's view, the key to the transformation and upgrading of industrial structure, regional structure and consumption structure lies in the innovative development environment. Whoever can create a better environment in the process of factor reconfiguration can more actively grasp new opportunities for development and realize medium - and long-term high-quality development. These are inseparable from reform and opening up. Looking ahead to next year, Chi Fulin believes that reform and opening up will move forward to more key areas and key links, helping China's high-quality economic development and the recovery of the world economy. Win the initiative to release domestic demand with an open initiative. The market is the most scarce resource in the world. A strong domestic market is an important driving force for China to basically realize socialist modernization by 2035. The high-level opening-up based on expanding domestic demand is to release the market potential of 1.4 billion people with active opening-up, realize the connection of domestic and foreign markets and the sharing of factor resources, and accelerate the construction of a more open domestic and international double cycle. Win the initiative of deepening reform with the initiative of opening up. With the acceleration of the process of economic service, the integration of high-level opening to the outside world and high-quality market economy presents new characteristics of the times. Promoting reform through opening up, promoting opening up through reform, and establishing a new high-level open economic system has become a major task in China's new development stage. Win the initiative of international competition with an open initiative. Since the 18th CPC National Congress, facing the challenges of trade protectionism and unilateralism, China has unswervingly expanded its opening-up, accelerated the establishment of an open economic system, and maintained and promoted economic globalization. This is not only of decisive significance to our own high-quality development, but also will have a significant and positive impact on world economic growth and stability. (outlook new era)

Edit:Ming Wu    Responsible editor:Haoxuan Qi

Source:jjckb.cn

Special statement: if the pictures and texts reproduced or quoted on this site infringe your legitimate rights and interests, please contact this site, and this site will correct and delete them in time. For copyright issues and website cooperation, please contact through outlook new era email:lwxsd@liaowanghn.com

Return to list

Recommended Reading Change it

Links

Submission mailbox:lwxsd@liaowanghn.com Tel:020-817896455

粤ICP备19140089号 Copyright © 2019 by www.lwxsd.com.all rights reserved

>