What are the economic advantages of China?

1. the first advantage: the advantages of economies of scale are beginning to appear, and the room for manoeuvre is larger than before. Today, China's economic aggregate has greatly increased and its industrialization is accelerating, so China's influence on the world economy has been greatly strengthened.

2. Second advantage: China's labor cost advantage will be maintained for a long time. China is a country with the richest human resources. Of course, we are not a powerful country in human resources, which makes China have its unique comparative advantage in developing labor-intensive industries for a long time.

3. The third advantage: China's advantage is that China's savings rate is relatively high, which can guarantee the capital demand for rapid economic growth. China can make use of the advantages of capital supply to effectively integrate international superior resources, but it will not form excessive dependence on foreign capital. This is our advantage.

Fourth advantage: China's industry and infrastructure are becoming more and more complete, which provides a lot of material and technical support for China's accelerated development. In the industrial system of China, it can be said that many products of China are the first in the world.

China has very modern modes of production, including intelligent, flexible and integrated modes of production. You can go to Shanghai GM to see that all kinds of cars on the production line, different brands and models of cars can be assembled on one line, and it is computer controlled.

Fifth advantage: The acceleration of China's economic transformation has also opened up new space for economic development. China has made a strategic adjustment to the state-owned economy, so that the industries and fields where the state-owned economy can give play to its comparative advantages can withdraw from the general competitive fields and concentrate on these fields where it can give play to its comparative advantages.

Including basic raw materials, partial monopoly areas and natural monopoly areas, then we will further relax the market access of monopoly industries such as telecommunications, electricity, finance, cities, public utilities, railways, aviation and postal services and strengthen their competition.

Extended data:

Nine characteristics of the new normal of Chinese economy;

1. From the perspective of consumption demand, the consumption in China in the past has obvious characteristics of imitating wave discharge. In 20 14, the stage of imitative wave-discharging consumption basically ended, and personalized and diversified consumption gradually became the mainstream. The importance of ensuring product quality and safety and activating demand through innovative supply has increased significantly. We must adopt the correct consumption policy, release the consumption potential, and make consumption continue to play a fundamental role in promoting economic development.

2. From the perspective of investment demand, after more than 30 years of high-intensity and large-scale development and construction, traditional industries are relatively saturated, but the interconnection of infrastructure and the emergence of investment opportunities for some new technologies, new products, new formats and new business models have put forward new requirements for innovative investment and financing methods. We must be good at grasping the direction of investment, remove investment obstacles, and make investment continue to play a key role in economic development.

3. From the perspective of export and balance of payments, before the international financial crisis, the international market space expanded rapidly, and export became an important kinetic energy to promote the rapid economic development of China. Global aggregate demand is sluggish, and China's low-cost comparative advantage has also changed. At the same time, China's export competitive advantage still exists, and high-level introduction and large-scale going out are carried out simultaneously. We must speed up the cultivation of new comparative advantages so that exports can continue to play a supporting role in economic development.

4. From the perspective of production capacity and industrial organization, the shortage of supply in the past is a major contradiction that has troubled us for a long time. 20 14 the supply capacity of traditional industries greatly exceeds the demand, and the industrial structure must be optimized and upgraded. Merger and reorganization of enterprises is inevitable, and production is relatively concentrated. The role of emerging industries, service industries and small and micro enterprises will be more prominent, and the miniaturization, intelligence and specialization of production will become the new characteristics of industrial organizations.

5. Judging from the relative advantages of production factors, low labor cost was the biggest advantage in the past, and the introduction of technology and management can be quickly transformed into productivity. After 20 14, the population is aging, the surplus agricultural labor force is reduced, and the driving force of factor scale is weakened. Economic growth will rely more on the quality of human capital and technological progress, and innovation must be made a new engine to drive development.

6. According to the characteristics of market competition, in the past, it was mainly quantity expansion and price competition. After 20 14, it gradually turned to quality-oriented and differentiation-oriented competition. Unifying the national market and improving the efficiency of resource allocation are the endogenous requirements of economic development. It is necessary to deepen reform and opening up and accelerate the formation of a unified, transparent, orderly and standardized market environment.

7. From the perspective of resource and environmental constraints, there was a large space for energy resources and ecological environment in the past. After 20 14, the environmental carrying capacity has reached or approached the upper limit. It is necessary to conform to the people's expectations for a good ecological environment and promote the formation of a new path of green and low-carbon circular development.

8. Judging from the accumulation and resolution of economic risks, with the slowdown of economic growth, various hidden risks are gradually emerging and the risks are generally controllable. However, the resolution of various risks characterized by high leverage and bubbles will continue for some time, and it is necessary to treat both the symptoms and the root causes, prescribe the right medicine, and establish and improve the institutional mechanism to resolve various risks.

9. From the way of resource allocation and macro-control, the marginal effect of comprehensive stimulus policy is obviously decreasing. It is necessary to comprehensively resolve overcapacity, explore the future direction of industrial development by giving play to the role of market mechanism, comprehensively grasp the new changes in the relationship between total supply and demand, and scientifically carry out macro-control.

Baidu Encyclopedia-China Economy (Specific Noun)

Baidu Encyclopedia-The New Normal of China's Economy (Economic Characteristics)