Traditional Culture Encyclopedia - Traditional stories - What does China rely on to boost gdp?

What does China rely on to boost gdp?

China relies on real estate to boost gdp.

About half of China's gdp depends on real estate; Secondly, steel is closely related to real estate; Then there are manufacturing industries such as electronics. In recent 10 years, the kinetic energy of China's economic growth mainly comes from the continuous optimization of economic structure, the gradual release of domestic demand potential, the continuous transformation and upgrading of industries and the steady improvement of economic benefits.

"In the future, China will continue to deepen reform and opening up, accelerate the construction of a new pattern of dual-cycle development, gradually release super-large economies and huge market potential, and maintain a long-term good economic development trend." In the past, China mainly relied on investment and exports to boost its economy, but in the future, China will pay more attention to consumption. Although the country now says it wants to transform the economy and boost domestic demand, the effect is not obvious.

Industries with the highest proportion of gdp in China:

1, real estate industry

As an important part of China's economy, the real estate industry has been ranked second in GDP for a long time. This is because the real estate industry plays an important role in China's economic development, with stable market demand and strong management ability. The development of the real estate industry is closely related to the national economic development, as are policies such as real estate tax and urbanization. The stable development of real estate industry is of great significance to the sustainable development of China's economy.

2. Financial industry

The financial industry is an important support for China's economic development, with great development potential. The development of financial industry is from banking to insurance to capital market. The advantages of the financial industry include providing financing channels for various enterprises, risk management and displaying corporate image. However, the financial industry is currently facing some problems, such as financial risks and difficulties in integrating with the real economy.