Reasons for China's long-term economic improvement

Against the background of global epidemic and complicated economic trends, the world is concerned about where China, an economic giant, will sail. From June 26 to 29, 2020, the Fifth Plenary Session of the 19th CPC Central Committee was held in Beijing, which clearly put forward the main goals of economic and social development during the 14th Five-Year Plan period and sounded the horn of courageously advancing. Over the past year, the CPC Central Committee has coordinated the overall situation of the great rejuvenation strategy of the Chinese nation and the great changes that have never happened in the world in a century, coordinated the prevention and control of epidemic situation and economic and social development, led China's economy to achieve new results, and the pace of high-quality development was steady. On the whole, it maintained the upward trend of 65438+1October 65438+August 18: 45. Shen, a 90-year-old boy from Zhili Town, Wuxing District, Huzhou City, Zhejiang Province, sent a message in a circle of friends: "The delivery is small, and Ganoderma lucidum sprouts at night." Recently, Shen has been running around the clock every day, busy taking orders and sending products such as Ganoderma lucidum to consumers. After graduating from Zhejiang University, Shen returned to his hometown to plant crops such as Ganoderma lucidum, which lasted for three years. Today, the eco-agriculture he runs has been "decent", with more and more orders and better business. Driven by him, more than 900 farmers around have stable employment and income. Employment is a barometer of the economy. Thanks to the economic recovery, the vigorous development of live broadcast and platform economy, and the continuous efforts of employment priority policy, China's employment situation is generally stable. In the first three quarters of this year, there were10.45 million new jobs in cities and towns nationwide, 95% of the annual target was achieved, and the target of new jobs was well achieved. Reporters recently interviewed in Beijing, Zhejiang and other places found that many enterprises have improved their financial situation, increased their profits and increased their investment in innovation. The transformation and upgrading of traditional industries have been accelerated, and new formats and new models have continued to be active. China's economic development shows great resilience and potential. The latest economic report card shows that in the first three quarters of this year, the gross domestic product (GDP) was 823131billion yuan, up 9.8% year-on-year, with an average growth of 5.2% in two years. Among them, the year-on-year growth rate in the third quarter was 4.9%, and the average growth rate in two years was 4.9%. "We have seen that the main macro indicators of China are in a reasonable range, and both the supply side and the demand side have shown a steady recovery trend." Xu Hongcai, deputy director of the Economic Policy Committee of China Policy Science Research Association, said. The development momentum has steadily increased by 65438+1at 20: 00 on October 20th. Some e-commerce platforms launched the "Double Eleven" pre-sale activities, and many consumers could not help but "buy at buy buy". Since the beginning of this year, consumption in China has picked up. In the first three quarters, the total retail sales of social consumer goods was 31805.7 billion yuan, a year-on-year increase of1.6%; The contribution rate of final consumption expenditure to economic growth was 64.8%, an increase of 3. 1 percentage point over the first half of the year. Zhang Yansheng, chief researcher of China International Economic Exchange Center, believes that the recovery of consumption shows that the effects of policies such as stabilizing bulk and key consumption and promoting new consumption in China have initially appeared. Xu Hongcai introduced that in the first three quarters, the added value and output growth of the primary, secondary and tertiary industries maintained a high level, and the output of high-tech products increased substantially, reflecting the continuous optimization of China's economic structure and further improvement of its development quality. At the same time, investment has achieved steady growth. In addition, China's economic development momentum has steadily increased. In the first three quarters, the added value of manufacturing industry accounted for 27.4%, up by 1. 1 percentage point year-on-year, among which the added value of high-tech manufacturing industry above designated size increased by 20.1%year-on-year; The output of new energy vehicles and industrial robots increased by 172.5% and 57.8% respectively. "New kinetic energy is an important force supporting the sustained and steady recovery of China's economy. China will increase investment in innovation and catch up with the world's leading countries, and will certainly form new competitive advantages in the corresponding industrial chain in the future. " Li, deputy director of the Second Research Office of Macroeconomic Research Department of the State Council Development Research Center, said. The long-term positive fundamentals have not changed. The latest World Economic Outlook report released by the International Monetary Fund (IMF) shows that the global economy is expected to continue to recover in 20021year, but the momentum is slowing down. It is estimated that the annual growth rate will be 5.9%, and China's economy will grow by 8%. In the context of repeated global epidemics, China's foreign trade shows great resilience. In the first three quarters, the import and export of goods increased by 22.7% year on year. Experts believe that China's sustained and stable economic recovery, good stability and long-term good fundamentals have not changed, and it is still a stable force leading the global economic recovery. At the same time, we should be soberly aware that the risks and challenges facing China's economy are more complicated and severe. For example, the global epidemic is still full of variables, the inflation level of major economies continues to rise, and international commodity prices are running at a high level; The problem of insufficient imbalance in domestic economic development is still outstanding. "In the process of steady economic recovery in China, there are also unstable foundations. For example, from the perspective of quarterly economic growth, the decline is more obvious, and the downward pressure on the economy is relatively large, which needs attention. " Xu Hongcai said. Experts said that in the fourth quarter of this year and early next year, we should keep a clear head, base ourselves on the new stage of development, comprehensively, accurately and comprehensively implement the new development concept, accelerate the construction of a new development pattern, promote high-quality development, ensure the realization of the annual economic and social development goals as scheduled, and make a good start for the 14 th Five-Year Plan.