Xi Jinping's 8 Latest Judgments on China's Economy


2017-12-24

  

 

China's annual Central Economic Work Conference is the focus of attention at home and abroad.

This year's Central Economic Work Conference is the first since the 19th National Congress, and next year is the first year to implement the spirit of the 19th National Congress of the Communist Party of China, how will China's economy embark on a new journey? What are the new actions?

After the People's Daily client combed the 19th National Congress, General Secretary Xi Jinping's 8 major judgments on China's economy will take you to understand the future layout of China's economy in advance.

On October 18, Xi Jinping delivered a report at the 19th National Congress of the Communist Party of China. Photo by Xinhua News Agency reporter Ju Peng

China's economy will improve for a long time

"The long-term prospects for China's economy are bright."

-- On November 9, Xi Jinping and Trump jointly attended the closing ceremony of the Sino-US Entrepreneur Dialogue and delivered a speech

"China's economy has a bright prospect for long-term improvement, with the foundation, conditions and motivation to achieve steady progress and sustained improvement."

-- Xi Jinping's congratulatory letter to the 2017 Fortune Global Forum in Guangzhou

After the 19th National Congress, Xi Jinping twice conveyed to the outside world his firm confidence in the future of China's economy.

After the development of the past five years, China's economy has entered a new stage from "high-speed growth" to "high-quality development. In the first three quarters of this year, China's GDP growth rate was 6.9, which has remained within the operating range of 6.7-6.9 for nine consecutive quarters; more importantly, the economic structure is constantly being optimized, the employment target is over fulfilled, and many indicators of corporate prosperity have reached a new high in nearly five years......

Moreover, in the past year, the International Monetary Fund has raised China's economic growth forecast four times. This fully shows that the continued improvement of China's economy is not boasting, and the eyes of the international community are also discerning.

The general tone of seeking progress in the midst of stability still needs to be adhered to for a long time.

"The general tone of the work of seeking progress while maintaining stability is an important principle of governing the country and must be adhered to for a long time."

-On December 8, Xi Jinping presided over a meeting of the Political Bureau of the Central Committee to analyze and study the economic work in 2018

Seeking progress while maintaining stability is the main tone of China's economic operation in the past five years. Five years of development practice has proved that China's economic achievements that have attracted worldwide attention today rely on "stabilizing" economic operations while seeking "progress" in deepening reform and opening up and adjusting structure ".

2018 is a key year for the decisive victory in building a well-off society in an all-round way and implementing the "13th Five-Year Plan. In the future, China will also basically realize socialist modernization and build itself into a powerful modern socialist country in an all-round way. The task of development is arduous and the situation is complex, so it is all the more necessary to look at the overall situation calmly, understand the general situation, and adhere to the general tone of the work of seeking progress in the midst of stability.

China's reform will be broader, more initiatives and stronger

"Next year, we will solemnly commemorate the 40th anniversary of reform and opening up. China's reform will be broader in areas, more initiatives and stronger in intensity."

-- On November 10, Xi Jinping attended the APEC Business Leaders Summit and delivered a keynote speech

In the past five years, China has launched 360 major reform plans and more than 1500 reform measures, and breakthroughs have been made in a number of important areas and key links.

The report of the 19th National Congress of the Communist Party of China incorporated the overall goal of comprehensively deepening reforms into the scope of Xi Jinping's thoughts on socialism with Chinese characteristics in the new era, and insisted on comprehensively deepening reforms as one of the important contents of the basic strategy for upholding and developing socialism with Chinese characteristics in the new era. It demonstrates China's unprecedented determination and strength to comprehensively deepen reforms, and conveys a strong signal that China's reforms are moving towards a new stage with broader fields, more measures and stronger efforts.

Next year coincides with the 40th anniversary of reform and opening up. It is worth looking forward to what new things China will do in comprehensively deepening reform.

China will only open its door wider and wider

"China's door to opening up will not be closed, it will only open wider and wider."

-- On November 9, Xi Jinping and Trump jointly attended the closing ceremony of the Sino-US Entrepreneur Dialogue and delivered a speech

Today, when anti-globalization and trade protectionism are on the rise, Xi Jinping's statement will undoubtedly give the world a "reassurance".

In the next 15 years, the Chinese market is expected to import 24 trillion US dollars of goods, absorb 2 trillion US dollars of overseas direct investment, and the total amount of foreign investment will reach 2 trillion US dollars. Moreover, China promises that all enterprises registered in China will be treated equally and equally.

In the face of such a large-scale open market with unlimited potential, no one is not moved. Moreover, China will further go global, develop a higher-level open economy, and create more opportunities and make greater contributions to the world in the future.

To develop and strengthen the real economy, we must do a good job in the manufacturing industry.

"We must always attach great importance to the development and growth of the real economy, and we must not take the path of single development and de-realization.

To develop the real economy, we must do a good job in the manufacturing industry. At present, we should pay special attention to innovation driven, master and make good use of key technologies."

-- On December 12, Xi Jinping visited Xuzhou City, Jiangsu Province, and came to Xugong Group Heavy Machinery Co., Ltd. to cordially visit employee representatives

Now, although China is known as the "world factory", but the scale of the brilliant manufacturing industry can not hide the quality of defects. In order to realize the transformation of China's economy from high-speed growth to high-quality development, the manufacturing industry must realize the transformation of Chinese manufacturing to Chinese creation, the transformation of Chinese speed to Chinese quality, and the transformation of Chinese products to Chinese brands.

For the first time after the 19th National Congress of the Communist Party of China, Xi Jinping came to manufacturing companies to cheer for the real economy, demonstrating the great importance attached to the real economy. The "road map" and focus of China's development and expansion of the real economy are clearly visible.

Implementing the National Big Data Strategy and Accelerating the Construction of Digital China

"Promote the implementation of the national big data strategy, accelerate the improvement of digital infrastructure, promote the integration and open sharing of data resources, ensure data security, accelerate the construction of a digital China, and better serve my country's economic and social development and the improvement of people's lives." -On December 8, Xi Jinping presided over the second collective study of the Political Bureau of the Central Committee

Driven by the national strategy, China's digital economy continues to create new possibilities, and the world therefore recognizes a new China.

On December 4, McKinsey released China's digital economy report to confirm this point. The report shows that China's e-commerce and digital payments have led the world; the number of unicorn companies accounts for 1/3 of the world, and the value of unicorns accounts for about 43% of the world; the amount of venture capital between 2014 and 2016 reached 77 billion billion US dollars. The report predicts that China's digitalization will lead the world in the future.

China's development is an opportunity for the world

"China is not only a beneficiary but also a contributor to economic globalization, and China's development is an opportunity for the world."

-- On October 30, Xi Jinping met with overseas members of the Advisory Committee of the School of Economics and Management of Tsinghua University and members of Chinese entrepreneurs

At present, for many countries, China is already its largest trading partner, largest investor and largest commodity exporter.

The steady growth of China's economy has allowed the world to share the development dividend. Take tourism as an example. Thailand, South Korea and other countries attract millions of Chinese tourists every year. Based on the per capita consumption of US $1000, these countries can obtain billions of dollars in tourism revenue every year.

And facts have proved that the faster China develops, the more opportunities the world has.

Welcome to China Development Express

"Let more countries take the express train of China's development." -On November 10, Xi Jinping attended the APEC Business Leaders Summit and delivered a keynote speech. Prior to this, Xi Jinping has issued invitations to countries around the world on many international occasions to welcome the "express" and "free ride" of China's development ".

China has both a sincere attitude and concrete actions. Take the "Belt and Road Initiative" initiative as an example. Since it was put forward in 2013, more than 100 countries and international organizations have actively responded to support, more than 40 countries and international organizations have signed cooperation agreements with China, and Chinese enterprises have invested more than 50 billion billion US dollars in countries along the route. Moreover, the continuous progress made by the Asian Infrastructure Investment Bank, the Silk Road Fund, and the BRICS New Development Bank has also allowed the outside world to see more and more opportunities for win-win cooperation with China.

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Source: People's Daily Client, Author: Wang Kan, Yang Lijuan