What difficulties and problems have Zhejiang encountered in promoting economic transformation and upgrading?

Characteristics of Zhejiang's economic development types;

Export-oriented, processing-oriented and small and medium-sized are the main characteristics.

Problems encountered:

1. Due to the continuous decline in external demand and high dependence on exports, the economy has been greatly impacted.

2. The downward trend of economy is more obvious.

On the surface or in the short term, the sharp changes in the external environment, especially the slowdown in global economic growth triggered by the US subprime mortgage crisis, are important reasons.

3. The industrial level is low, the enterprise scale is small, and the independent innovation ability is weak.

In the past, the extensive development model of "high input, high consumption, high pollution and low output" has been unsustainable. Without economic transformation, it will face the problem of survival and development. If the industry is not upgraded, it will be eliminated in the fierce market competition, and Zhejiang's economy will not achieve sustained, stable and sustainable development. The contradiction between structure and quality is the key.