Regarding China’s economic prospects, Ren Ping’s article in People’s Daily made a heavy sound.
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Facing difficulties and overcoming difficulties, in 2022, we persisted in striving for progress in stability, promoted high-quality development, and made solid steps in the new journey of building a socialist modern country in an all-round way, and China’s overall economic and social situation remained stable.
When the 20th CPC The Politburo Standing Committee (PSC) met with Chinese and foreign journalists, General Secretary of the Supreme Leader emphasized: "Now, China has strong economic resilience, sufficient potential and wide room for maneuver, and its long-term positive fundamentals will not change."
The fifth China International Import Expo, which closed on November 10, wrote a vivid footnote: the intended turnover for one year was 73.52 billion US dollars. Against the background that the world has undergone great changes in the past century and the momentum of world economic recovery is insufficient, China International Import Expo(CIIE), which is getting better and better, has shown the world China’s sincerity in actively opening up and sharing development opportunities with other countries, and has also injected new and powerful kinetic energy into global economic development.
In today’s world, the changes in the past century are intertwined with the epidemic in the century, but the times and the situation are on our side. This is where our determination and confidence lie, as well as our determination and confidence.
As the momentum builds up, the great ship China is declaring that the economic development prospect of China will be brighter!
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At present, the change of the world, the change of the times and the change of history are unfolding in an unprecedented way, which poses challenges to mankind that must be taken seriously.
Looking around the world, the COVID-19 epidemic is superimposed with the Ukrainian crisis, and the world economy is entering a stage of high inflation, high interest rate, high debt, high cost and low growth, with heavy haze hanging over the world.
Throughout the country, the triple pressure of demand contraction, supply shock and expected weakening continues to appear, and unexpected factors have brought serious impact. Since this year, the downward pressure on the economy has increased significantly.
— — In the face of the big exam, the whole country calmly responded and kept pace, stabilizing the macro-economic market.
"The familiar Shanghai is back!" On June 1, 2022, after two months of static management, Shanghai fully resumed normal production and living order. Ships shuttle on the Huangpu River, machines roar in the production workshop, and lights are brightly lit in the office building. People are determined to "get back the lost time".
The General Secretary of the Supreme Leader stressed: "We must maintain strategic strength, persist in striving for stability, make overall plans for epidemic prevention and control and economic and social development, take more effective measures, strive to achieve the greatest prevention and control effect at the least cost, and minimize the impact of the epidemic on economic and social development."
From putting forward the "five necessary ways" to explaining the "five strategic advantages"; From a clear "food security is ‘ The big country ’ " , to the requirements of "consolidating the domestic energy production base and ensuring the safety of coal supply"; From emphasizing that "the epidemic should be prevented, the economy should be stabilized, and development should be safe", to exhorting "to support the people’s life and well-being" … … The General Secretary of the Supreme Leader is far-sighted and judges the situation, leading the whole party and people of all nationalities to work together and overcome difficulties. Thirty-three policies were issued to focus on stabilizing the economy, speeding up the construction of a unified national market, implementing the full tax refund for stocks and increments, and doing a good job in releasing urban and rural grassroots jobs for college graduates … … Under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, all localities, departments and all aspects have effectively coordinated epidemic prevention and control and economic and social development, coordinated development and safety, adhered to the principle of "keeping the word steady, striving for progress while maintaining stability", combined phased measures with institutional arrangements, inclusive and fair support and cooperation, and made concerted efforts, precise and powerful, forming a joint force. China’s overall economic recovery is improving, and people’s livelihood security is strong and effective.
The most fundamental reason why China’s economy, which has gone through rapids, dangerous waves, and difficulties, has stood firm in the storm and risen in adversity lies in the strong leadership of the CPC Central Committee with the Supreme Leader as the core and the scientific guidance of the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era.
— — Facing the stress test, China’s economy has stood the test, making progress in stability, with a more solid foundation and stronger momentum for progress.
Observing China’s economy depends not only on the "shape" of data changes, but also on the "potential" of development savings; We should not only look at the "table" of short-term profit and loss, but also look at the "inside" of endogenous power.
Objectively speaking, the "stability" of China’s economy has not changed, the main indicators are generally improving, and international comparison adds more confidence. We overcame the rare autumn rain and flood in the north last year, the late sowing of winter wheat in a large area, and the local COVID-19 epidemic, responded to the challenge of severe high temperature and drought in the south, and promoted the increase of summer grain production by 2.87 billion Jin and early rice production by 210 million Jin, with a bumper harvest in autumn and a more stable agricultural base. China’s largest liquefied natural gas reserve base has been put into production, and a shale gas field exceeding 100 billion cubic meters has been newly discovered in Sichuan Basin. The annual output of crude oil in Tarim Oilfield has reached a record high. In the tight global energy supply environment, China’s unified dispatching power plants keep the coal storage at more than 170 million tons, the refined oil inventories of major oil and gas enterprises keep high operation, and the natural gas storage tanks are at a high level. When the inflation level in the United States and Europe broke the historical record, consumer prices in China rose by 2.0% year-on-year in the first three quarters of this year, and prices remained generally stable. Coordinate development and safety, strike at the key time, and exert strength at the important harm. We have consolidated the foundation of food security in all directions, achieved a safe and stable supply of energy, and achieved positive economic growth against pressure.
Dialectically, although the "surface" of China’s economy has suffered losses, its impact is staged, short-term and external, and it has not hurt the root of endogenous power. Up to now, the cumulative number of confirmed cases in COVID-19 has exceeded 640 million, including 6.62 million deaths. China is the country with the lowest incidence and the least number of deaths in COVID-19 among the major countries in the world. The epidemic will inevitably have an impact on economic operation, but with the foundation of "people’s health and safety", we can better achieve the goals of economic growth, cultural prosperity and social stability. The latest data shows that in October, the added value of industrial enterprises above designated size increased by 5.0% year-on-year, 0.2 percentage points faster than that in the third quarter; In the first 10 months, China’s total import and export value of general trade increased by 13.3% year-on-year, maintaining double-digit growth; In the third quarter, GDP increased by 3.9% year-on-year, 3.5 percentage points faster than that in the second quarter, and the foundation of stabilization and upward has been continuously consolidated.
On the whole, China’s economic "progress" momentum is abundant, and its high-quality development is fast and steady. Shenzhou XV was successfully launched, "Chang ‘e IV" grazed the stars and plowed the moon, "Tianzhou V" was delivered in space, "Deep Sea No.1" was brightly lit day and night, and "Struggler" dived 10,000 meters deep, making great powers innovate and develop, bravely climb the peak, and concentrating on the "advance" of power conversion; In the third quarter, the growth rate of added value of high-tech manufacturing industry was 1.9 percentage points higher than that of national regulated industries, the output of new energy vehicles increased by 1.13 times year-on-year, which was 20.8 percentage points faster than that of the second quarter. The new technology, new products and new formats continued to grow. In the first ten months, the profit growth rate of equipment manufacturing industry was 2.6 percentage points faster than that of January to September, which showed the "progress" of industrial upgrading. In the first three quarters, the per capita disposable income of the national residents actually increased by 3.2%, 0.2 percentage points faster than that in the first half of the year, and the per capita income ratio of urban and rural residents decreased compared with the same period of last year, showing the improvement of people’s livelihood.
The greater the difficulties and challenges, the stronger the cohesion and combat effectiveness. Practice shows that development may fluctuate for a while, but short-term shocks will not change the long-term trend. From the incremental scale and trade scale to the contribution to poverty reduction and carbon reduction, today’s China economy has steadily improved its development quality, achieved fruitful scientific and technological innovations, comprehensively deepened its reform and opening up, and basically stabilized its employment price. It is still the "ballast stone" for world economic growth, the "engine" for global innovation and prosperity, and the "booster" for win-win cooperation among countries.
Based on the current situation and long-term perspective, we are full of confidence that China will surely usher in a brighter development prospect: the fundamentals of China’s long-term economic development have not changed!
"If you struggle hard, you must catch the fish." With the constant development and the trend of the times, there are sufficient supporting conditions for the stable, healthy and sustainable development of China’s economy, and we are setting sail with determination.
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Magnificent practice often contains learning from the past and following it.
Looking back, China’s economy was tested by floods, earthquakes and SARS, and faced with the challenges of financial crisis and economic and trade frictions. At present, under the unprecedented triple pressure, China’s economy is responding with "stability", recovering well, stabilizing with "progress", rising from the joint, and making progress steadily.
Why has China’s economy always been able to take risks, turn crises into opportunities, and grow stronger after storms?
"China’s economy is a sea, not a small pond." The words of the Supreme Leader’s General Secretary are forceful. "A storm can overturn a small pond, but it cannot overturn the sea. After countless storms, the sea is still there! "
This is China’s economy, with spectacular volume and great potential. With a total economic output of over 114 trillion yuan, it can be called a giant ship in the sea of the world economy, with deep water and stable navigation. With a population of more than 1.4 billion, a labor force of more than 900 million, a total of 220 million human resources, and an urbanization rate of 64.7% of the permanent population, such a large-scale market capacity, such a thick talent bonus and such a broad investment space have formed a huge "magnet effect". BMW Group Shenyang Lida Factory was put into production, Novo Nordisk increased its capital and expanded its production for the eighth time in Tianjin, and Panasonic Group transferred more business segments such as cold chain equipment production and sales to China … … The Financial Times reported that a number of international investment banks are pushing ahead with ambitious business expansion plans, and their strategies will not be changed due to the current COVID-19 epidemic.
This is China’s economy, which is self-healing and resilient. In 2021, Hubei’s total economic output reached 5 trillion yuan, returning to the seventh place in the country, and set out to accelerate. In March of this year, it took less than 10 days for Shenzhen to press the "slow button" and the supply chain of the industrial chain to return to the market steadily. From the field to the workshop, from the inland to the seashore, the hot "Created in China" lifts the famous "Made in China". In the face of difficulties, China’s economy shows strong supply capacity, adaptability and repair capacity. The world’s most complete industrial system is interlocking and upgrading side by side. The world’s largest online retail market continues to expand and innovate. More than 160 million market players are eager to develop, and China’s economy continues to grow under the storms.
This is China’s economy, with vigorous pulse and strong vitality. This is a hot spot for entrepreneurship with an average of 24,800 new enterprises set up every day and more than one million overseas students returning to China for innovation and entrepreneurship. It is a big consumer country with an average daily investment of nearly 300 million pieces of express delivery and an annual online retail sales of about 13.1 trillion yuan; This year, R&D investment was the second highest in the world. Deepening the supply-side structural reform, China has strengthened its vitality in solving difficult problems and planted advantages in narrowing the gap, which is forming a powerful endogenous driving force for demand to pull supply and supply to create demand.
This is China’s economy, with a wide space for maneuver. The advantage of a big country’s economy is that it is internally recyclable. Looking at consumption, the world’s most populous country, with a per capita GDP of over 12,000 US dollars, is the most potential consumer market in the world. Looking at investment, the world’s largest developing country is in the stage of rapid development of new industrialization, informationization, urbanization and agricultural modernization, and the per capita infrastructure stock is only equivalent to 20% to 30% of that of developed countries. Shortboards contain opportunities and weaknesses, as well as potential and potential energy. Firmly grasping the strategic base point of expanding domestic demand, the "East Counting and West Counting" project achieved a total investment of more than 400 billion yuan in half a year, and strengthened the construction of county commerce to push the online retail sales of agricultural products to exceed 422 billion yuan last year. In the first ten months of this year, a total of 24,000 new water conservancy projects were started nationwide, with an additional investment of 1.5 trillion yuan. The investment in fixed assets of highway and waterway transportation was 2,466.5 billion yuan, a year-on-year increase of 9.5%. Accelerating the construction of a new development pattern provides us with a broad room for manoeuvre, an important way to achieve a long-term balance between steady growth and risk prevention, and a strategic layout and a first move to grasp the initiative of future development.
This is China’s economy, with many precise tools for regulation. In the new era, we have constantly innovated and improved macro-control, gained valuable experience, and formed a complete macro-control system that combines government and market, short-term and medium-and long-term integration, cross-cycle and countercyclical integration, aggregate and structure integration, domestic and international overall planning, and coordinated reform and development. We insist on not flooding, and even when the epidemic hit the hardest in 2020, we didn’t overspend. Although the adjustment of macro-control policies has been strengthened since this year, the deficit ratio of our government is low, the debt is generally controllable, and there are many tools in the policy toolbox. The policy effects such as the introduction of fiscal and financial policies in the early stage to support major project construction and equipment renovation are emerging. At present, two batches of financial instruments support more than 2,700 major projects, and the operating rate exceeds 90%. The steady growth policy is expected to be further effective.
Looking at the essence through the phenomenon and jumping out of a domain to see the overall situation, although we have suffered short-term shocks, China’s complete industrial system, strong production capacity and super-large-scale market advantages still exist. Helge Berger, assistant director of the Asia-Pacific Department of the International Monetary Fund and head of China affairs, said with emotion: "China’s economy has sufficient resilience and potential, and China’s government also has sufficient policy space to promote economic growth. As China continues to promote high-quality economic development, the resilience of China’s economy will be further enhanced. "
Based on the micro, looking at the macro, we are full of confidence, and China will surely usher in a brighter development prospect: the basic characteristics of China, such as sufficient economic potential, great resilience, strong vitality, large room for maneuver and many policy tools, have not changed.
"Although the destruction is more and more intense, it will fight for the spring with heaven and earth." The more frustrated and brave, the harder it is to make progress. China’s development has a more solid material foundation and a more perfect system guarantee. We are confident to follow our own path and do our own thing well, and no difficulty can stop our progress. As General Secretary of the Supreme Leader pointed out: "After more than 5,000 years of hardships, China is still here! Facing the future, China will always be here! "
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When a great river rushes to the sea, there will always be a countercurrent, but no countercurrent can stop river of no return. Power helps it move forward, and resistance makes it strong.
Standing on a longer time axis, the rise of a big country will inevitably go through a ditch. However, the "ditch" and "hurdle" can’t influence the "time" and "potential" of the development of things. The key is to maintain strategic strength and historical patience, and insist that the castle peak will not relax and move forward rain or shine.
Report to the 20th CPC National Congress of the Party pointed out that from now on, the central task of the Communist Party of China (CPC) is to unite and lead the people of all ethnic groups in China to build a socialist modernization power in an all-round way, realize the goal of the second century, and comprehensively promote the great rejuvenation of the Chinese nation with Chinese modernization.
"High-quality development is the primary task of building a socialist modern country in an all-round way. Development is the top priority of the party in governing and rejuvenating the country. " General Secretary of the Supreme Leader emphasized in the Party’s Report to the 20th CPC National Congress.
Central task, primary task, first priority. Development is in an extremely important position in the new era and new journey. Without a solid material and technological foundation, it is impossible to build a socialist modernization power in an all-round way.
Development must be high-quality development. We must implement the new development concept completely, accurately and comprehensively, adhere to the direction of socialist market economy reform, adhere to high-level opening up, and accelerate the construction of a new development pattern with the domestic big cycle as the main body and the domestic and international double cycles promoting each other.
Looking at China, the new development concept is deeply rooted in the hearts of the people, the new development pattern is accelerated, and the high-quality development is reverberating. The China economy in the new era shows a brighter prospect.
Today, China is an innovative and dynamic generate. In the past ten years, China’s R&D investment intensity has increased from 1.91% to 2.44%, and the ranking of global innovation index has risen from 34th to 11th (in 2022). The number of patent applications received by the European Patent Office alone has increased fourfold, and frontier fields such as manned space flight, deep-sea exploration and quantum information are galloping, and emerging technologies such as supercomputers, new energy technologies and biomedicine are "application fields". … Self-reliance in science and technology is the foundation of national prosperity and the key to security. Taking innovation as the first driving force to lead development, putting scientific and technological innovation at the core of the overall development of the country, and giving full play to the advantages of the new national system, every city, every scientific and technological enterprise and every scientific researcher are making strenuous efforts to catch up and swear to firmly hold the lifeline of science and technology in their own hands. As the British "Economist" weekly website reported: "China’s strategy can be understood as a major judgment, that is, China will become a world innovation center in the next decade."
In today’s China, the pace of coordinated development is sonorous. In the past ten years, China’s urbanization rate has increased from 53.1% to 64.7%, and the ratio of per capita disposable income of urban and rural residents has decreased from 2.88∶1 to 2.5∶1. Since the beginning of this year, the "annual task list" has been comprehensively promoted for rural revitalization, and the "road map for action" has been laid out to speed up the construction of a unified national market. The coordinated development of Beijing, Tianjin and Hebei has seized the "bull’s nose", and the integrated development of the Yangtze River Delta has entered the "fast lane", and Guangdong-Hong Kong-Macao Greater Bay Area’s construction has won "new benefits" … … Pay close attention to the outstanding problem of insufficient unbalanced development, strengthen the top-level design and pay attention to system promotion. The flower of coordination of "different petals but concentric petals" blooms every second, and the unbalanced and insufficient "development gap" condenses into "catching up potential energy".
In China today, the background of green development is bright. Environmental protection inspectors continue to shine their swords, and the goal of "double carbon" is deeply rooted in the hearts of the people. The Yangtze River has built the world’s largest clean energy corridor, and the Helan Mountain has built the northwest ecological barrier. In the past ten years, the carbon dioxide emissions per unit of GDP have decreased by about 34%, and the installed capacity of "green electricity" such as wind power and photovoltaic power generation and the production and sales of new energy vehicles rank first in the world … … Do a good job in the construction of ecological civilization, which is a fundamental plan related to the sustainable development of the Chinese nation, and constantly solve the problem of harmony between man and nature, and the "Lucid waters and lush mountains are invaluable assets" is being transformed into vivid practice. Green is the beauty of cities, the prosperity of industries and the prosperity of villages. Green has become a bright background for high-quality development.
Today, China has a higher level of open development. In 2013, the first Pilot Free Trade Zone was established in Shanghai. Today, 21 pilot free trade zones are less than 4‰ China’s land area has contributed 17.3% of the country’s import and export volume, absorbed 18.5% of the country’s foreign capital, and replicated and promoted 278 institutional innovations to the whole country or specific regions. Not only the development of the free trade zone, but also the construction of the Hainan Free Trade Port is changing with each passing day. The negative list of foreign investment access is getting shorter and shorter. China International Import Expo(CIIE), the Service Trade Fair, the Canton Fair and the Consumer Expo are all staged, and the "One Belt, One Road" with high quality is wonderful … … Regardless of changes in the external environment, China’s confidence and will in reform and opening up remain unchanged. We have built a series of new highlands and experimental fields for opening to the outside world, forming a new pattern of all-round and high-level opening to the outside world. With the continuous release of the opening magnetic force, China will continue to be one of the most attractive foreign investment destinations in the world.
Today, China has achieved fruitful results in sharing development. We have historically solved the problem of absolute poverty that has plagued the Chinese nation for thousands of years, and nearly 100 million rural poor people have all been lifted out of poverty; The world’s largest education system, social security system and medical and health system have been built. In the past ten years, the average life expectancy has increased from 75.4 years to 78.2 years, and the proportion of middle-income groups has increased from about 1/4 to about 1/3. People’s wallets are bulging and life is beautiful. Development is for the people, glory belongs to the people and strength comes from the people. Tens of thousands of people in Qian Qian, including Zhang Guimei, Huang Dafa, Li Huanying and He Zhongqiang, are writing their initial thoughts on the precipice of the mountains, on the isolated island and desert, and on the vast land of the motherland. A small stream makes a river and a sea, and a long journey makes a thousand miles. A small victory makes a great victory, and it is successful year after year. The confidence and support of the people are the strength of our country’s forge ahead.
Looking at the overall situation, the fundamentals of China’s healthy and stable economic development are still there, and the conditions of production factors supporting high-quality development are still there. As Magit molnar, director of the China Economic Policy Research Office of the Organization for Economic Cooperation and Development, said, "We have every reason to believe that with the gradual control of the epidemic, China’s economy will quickly get rid of the pain and its development prospects can be expected."
Looking forward to the future, we are full of confidence, and China will surely have a brighter development prospect: the general trend of high-quality development in China has not changed.
"The eyes are full of vitality, and the workers are striving for new things every day." Adhere to the general tone of striving for progress while maintaining stability, make overall plans for development and safety, actively recognize changes and seek changes, proactively prevent and resolve risks, constantly enhance strategic strength, anti-pressure ability and competitive strength, and constantly enhance China’s development independence, autonomy and security, foster opportunities in the crisis and open up new opportunities in the changing situation. China will always develop vigorously!
(5)
The road of history is not entirely smooth, and sometimes it comes to the realm of difficulties and obstacles, which can only be crossed by the heroic spirit.
Perseverance, facing difficulties, daring to win can also win. The great historical initiative is our courage and strength to anchor our established goals and move forward in high spirits.
After an extraordinary decade, the people of China have become more motivated, more enterprising, more determined to win, and have a stronger historical consciousness and initiative. The people of the Communist Party of China (CPC) and China are advancing the great leap of the Chinese nation from standing up, becoming rich and becoming strong with confidence.
In the vast farmland, farmers cultivate and agricultural machinery gallop, and the grain harvest is achieved throughout the year; Between the mountains and deep valleys, bridge cranes swing their arms and machinery roar, and more physical objects are forming … … Everyone is the cornerstone, building the indestructible Great Wall of steel in the motherland; Everyone is a wave, which has merged into a mighty river of the motherland; Hundreds of millions of strugglers and dream catchers are gathering the deepest and greatest dream-building power in the world.
The new era is the era of strugglers. I will work hard by every "I", and I will do my best if my motherland needs it!
The new journey is a dream catcher’s journey. Every "you" will create miracles, live up to the times, live up to the people, devote yourself to forge ahead, and the dream will surely blossom!
The 20th National Congress of the Communist Party of China has formulated the major policies of the Party and the country at present and in the future, and sounded the horn of endeavor for building a socialist modern country in an all-round way and promoting the great rejuvenation of the Chinese nation in an all-round way. Striving for a new journey full of glory and dreams, let us unite more closely around the CPC Central Committee with the Supreme Leader as the core, fully implement Socialism with Chinese characteristics Thought of the Supreme Leader in the new era, deeply understand the decisive significance of "two establishment", strengthen "four consciousnesses", strengthen "four self-confidences", achieve "two maintenance", keep in mind "three musts", strengthen historical self-confidence, enhance historical initiative, and increase our strength through hard work. Tap the potential in reform and innovation, open up new opportunities in positive progress, overcome all kinds of difficulties and challenges on the road ahead, work together to promote China’s economic giant to ride the wind and waves, make steady progress, and create new miracles that are impressive with new great struggles! (Ren Ping)
