What are the risks and challenges in China's economic development?

The risk challenges in the process of China's economic development include weak domestic consumption demand, deteriorating external trade environment, declining investment growth rate, single industrial structure, unbalanced urban and rural development, etc.

1, domestic consumer demand is weak

With the decline of economic growth, domestic consumer demand is gradually weakening. This is due to the employment pressure and income pressure brought by the economic growth decline, which gradually reduces people's willingness to consume and brings great pressure to the development of the domestic market.

2. The foreign trade environment has deteriorated.

With the decline of economic growth, the foreign trade environment has gradually deteriorated, which is caused by the weak demand in foreign markets and the rise of international trade protectionism. This has a great impact on China's export trade and foreign exchange earnings.

3. The growth rate of investment declined.

With the decline of economic growth, the growth rate of investment has gradually declined, which is caused by factors such as the profit pressure of enterprises and the increase of financing costs brought about by the economic downturn. The decline in investment has brought great constraints to domestic infrastructure construction and industrial upgrading.

4. The industrial structure is single.

At present, China's economic development still depends on traditional industries, such as manufacturing and heavy industry, which account for a large proportion of economic growth, but their competitiveness is gradually declining in the international market competition. At the same time, the proportion of emerging industries and high-tech industries in China's economy is relatively small, which makes China face great risks in its future economic development.

5. Urban and rural development is unbalanced.

The imbalance between urban and rural development is another structural contradiction facing China's economy at present. Although the urbanization process continues to advance, the gap between urban and rural development is still large. The backward development of agriculture and rural economy makes the gap between urban and rural development bigger and bigger, and the differentiation between urban and rural areas becomes more and more serious.