What are the key words that reflect the new normal of economic development?

The "new normal" of economic development means that the population window period is about to shift from high-speed growth to sustainable growth with scientific and technological innovation as the goal. The economic operation of a country in the transitional stage after experiencing economic crisis and economic adjustment is called the new economic normal. To put it bluntly, the old normal is an extensive, quantitative and expanding state, which is driven by low cost. The new normal of economy is the symmetry of economic structure, and sustainable economic development based on the symmetry of economic structure includes sustained and stable economic growth. The new economic normal is not that GDP is not needed, but that GDP growth mode is not needed; Not to say that there is no need for growth, but to position GDP growth in the development model, so that GDP growth becomes an integral part of the regenerative growth mode and productivity development model. The obvious characteristics of the new economic normal are "the transformation of growth momentum" and "the rebalancing of economic structure". The specific features are as follows:

1, the imitative wave-discharging consumption stage has basically ended, and personalized and diversified consumption has gradually become the mainstream;

2. Infrastructure interconnection and investment opportunities for some new technologies, new products, new formats and new business models have emerged in large numbers;

3. China's low-cost comparative advantage has changed, and high-level introduction and large-scale going out are going on simultaneously.

4. Emerging industries, service industries and small and micro enterprises play a more prominent role, and miniaturization, intelligence and specialization of production will become the new characteristics of industrial organizations;

5. With the aging of population, the surplus population of agriculture decreases, and the driving force of factor scale weakens, and economic growth will rely more on the quality of human capital and technological progress;

6. Market competition has gradually turned to quality-oriented differentiated competition.

7. The environmental carrying capacity has reached or approached the upper limit, and it is necessary to promote the formation of a new path of green and low-carbon circular development;

8. Economic risks are generally controllable, but it will take some time to resolve various risks characterized by high leverage and bubbles;