The economy used to depend on real estate. What does it rely on to promote the economy now?

At present, China has become the second largest economy in the world, with a GDP exceeding 1.4 trillion US dollars and a huge volume. China also has all industrial categories in the United Nations Industrial Classification. From this point of view, even the manufacturing industry in developed countries in Europe and America is not as complete as that in China. In fact, the proportion of pillar industries in China's GDP is generally not high, so the future economic growth of China will not be driven by one or two pillar industries.

Judging from the three major industries, the primary industry accounts for less than 10% of GDP, the secondary industry accounts for about 40%, and the tertiary industry accounts for more than 50%. The secondary and tertiary industries are the main driving forces of China's economic growth. According to the published data, the GDP of China in 20 19 years. It has reached 99 trillion, in which several relatively large industries, such as manufacturing, construction, real estate and finance, account for 27.2%, 7. 16%, 7.03% and 7.79% of GDP respectively, and there will be many industries if these industries are subdivided.

In the past decades, China's economy has achieved rapid development, which is mainly driven by the troika of investment, export and consumption. In the process of economic development, we have also cultivated many pillar industries, such as chemical industry, steel, household appliances, cement, textile and other industries. However, with the increase of production factor costs such as labor costs in China and the adjustment of industrial structure in China, the pillar industries in China will surely undergo more changes in the future.

What pillar industries will China's GDP drive mainly rely on in the future? First, the real estate industry. At present, the domestic economy still depends on the real estate industry, because the real estate industry has driven dozens of industries (steel, home appliances, etc. ) upstream and downstream. Of course, the real estate industry should be "housing and not speculation" and should be bought by local people, so as to achieve sustainable development. If speculation is allowed, the real estate industry will not only become a pillar industry, but also bring about a systematic financial crisis. Therefore, if the real estate industry is de-speculative and purchased by just-needed and improved houses, it will also play an obvious supporting role in the economy.

Second, China's economy should be driven by high-end manufacturing. China's demographic dividend is losing, and the labor cost is getting higher and higher, so low-end manufacturing industries such as clothing production and mobile phone assembly can only go to Southeast Asia, while China is now turning to high-end manufacturing and high value-added products manufacturing. In the future, there will be more and more high-tech enterprises like Huawei and ZTE, which will play a decisive role in economic growth.

Third, the health industry. The aging situation in China is getting more and more serious. At present, the number of elderly people over 60 in China is as high as 240 million, accounting for 17% of the total population. With the arrival of an aging society in China, it is estimated that by 2035, the number of elderly people over 60 in China will reach about 400 million. For China's health industry, the market scale will become larger and larger, and the industries related to health industry will certainly have great development space. These industries include pension, health and wellness, biomedicine, and health care products for the elderly.

Fourth, tourism. Although the epidemic has had a great impact on tourism, tourism will eventually become a pillar industry of China's economy. Because, with the rapid improvement of people's living standards, more people hope to improve their quality of life through tourism. The continuous development of tourism will drive some industries (such as catering and hotel accommodation) and become one of the main driving forces of China's economic development.

Fifth, the financial industry. The financial industry will play an active role in promoting domestic consumption and investment. Now many young people want to spend, but they have no money to spend. The rise of consumer finance can solve the problem that others have no money to spend. Let them enjoy the fun of consumption in advance. In addition, the majority of small and medium-sized enterprises lack funds and need financing to expand reproduction, which requires the support of the financial industry. More domestic enterprises want to go abroad and invest overseas, and they also need the strong support of the domestic financial industry.

Judging from the current situation, the pillar industries that will drive China's economic growth in the future are still inseparable from the real estate industry. However, this real estate industry must de-leverage and speculate, and let the just-needed and improved demand buy real estate. At the same time, our manufacturing industry will also develop into high-end manufacturing industry, which is an inevitable trend. More importantly, with the arrival of an aging society in China and the improvement of people's living standards, the health industry and tourism will also be the engines of economic growth. Of course, the financial industry is also an indispensable lubricant to help domestic economic growth.