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Economy

Looking at China's confidence in economic development from ten dimensions

2023-03-02   

In the spring of 2023, the National People's Congress and the National People's Congress will be held soon, and the world's attention will be focused on China. At this moment, the pace of China's economic stabilization and recovery is accelerating, and all departments around the country are working hard, and people's confidence in economic development is firmer. This confidence stems from the blueprint. The victory of the 20th National Congress of the Communist Party of China sounded the era call for a new journey; On the eve of the National People's Congress and the National People's Political Consultative Conference (CPPCC), Xinhua News Agency reporters interviewed the representatives of the new National People's Congress and members of the National People's Political Consultative Conference (CPPCC) to feel the confidence of China's economic development from ten dimensions. Large-scale market: it has huge potential. With the arrival of the last batch of Chilean Chelizi "charter ships" this year, the "Chelizi Express", a direct route from Dalian Port to South America, has recently closed, and the cumulative import volume has increased by 1.5 times year-on-year. In Chile, 20000 kilometers away, the planting area of cherries has increased by about four times since 2011, and 90% of its output has been exported to China. In order to sell more cherries to China, some people began to plant near the Patagonia plateau, and others went to the northern desert to look for opportunities. The small Cherry is a microcosm of China's big market affecting the domestic and international double cycle. With a population of more than 1.4 billion people and more than 400 million middle-income groups, the cumulative import volume of goods is expected to exceed 22 trillion US dollars by 2030. China is undoubtedly the largest market with the greatest potential in the world. The middle-income group will exceed 800 million in the next 15 years, promoting the continuous development of the super-scale market. In 2022, under the severe impact of the epidemic, China remained the second largest consumer market and the first largest online retail market in the world with a total retail sales of 44 trillion yuan of social consumer goods, and became the second largest import market in the world for the 14th consecutive year. "Every 1% increase in household consumption can drive the growth of GDP by about 0.5 percentage points." Huang Maoxing, deputy president of the Fujian Academy of Social Sciences, prepared relevant suggestions and proposed to expand domestic demand by accelerating consumption upgrading and cultivating new growth poles of regional consumption. "To promote the recovery of the economy and the sustained and healthy development of the economy, we should mainly rely on consumption, and let consumption recover as the main driving force of economic growth as soon as possible." The deputy minister of the Ministry of Finance, Xu Hongcai, said that China will improve consumer confidence and release consumption potential from three aspects: increasing household income through multiple channels, increasing the supply of marketable goods, and promoting the smooth flow of sales channels and logistics. At the end of 2022, the Central Committee of the Communist Party of China and the State Council issued the Outline of the Strategic Plan for Expanding Domestic Demand (2022-2035), which defined the medium and long-term goals and the key tasks of accelerating the cultivation of a complete domestic demand system, promoting the formation of a strong domestic market, and supporting the smooth domestic economic cycle. Bai Chongen, dean of the School of Economics and Management of Tsinghua University, said that a strong domestic market is an important support for China's economic growth potential. The growing demand for investment and consumption provides fertile ground for innovation and promotes industrial upgrading. Manufacturing in a big country: lay a solid foundation for high-quality development, and China's shipbuilding industry remains the first in the world in the international market share! In 2022, China's shipbuilding completion, new orders and hand orders accounted for 47.3% and 5% of the world's total in deadweight tons respectively

Edit:Hou Wenzhe Responsible editor:WeiZe

Source:XinhuaNet

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