What does the troika mean?

The troika that drives the long-term economic growth of China is consumption, export and investment.

Traditional "troika"

Review the economic development of China in the past 20 years. Consumption, investment and foreign trade are the three troikas that drive economic development; Continue to provide impetus for steady economic development.

In the "Troika", first of all, consumer demand is the purpose of production, which can continuously stimulate production power, stimulate investment demand and further promote the development of productive forces.

Secondly, investment demand is an important way to increase the total social supply, and the investment scale should be coordinated with economic development. Insufficient investment scale may slow down economic development, while excessive investment scale may lead to overheating, which is what we call a bubble.

Finally, external demand is similar to consumer demand. However, influenced by the international economy, foreign trade environment and exchange rate changes, external demand is prone to fluctuations, such as a series of activities held by beautiful countries in the past two years.