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Answer the New Questions of Economic Development
Release time:2018-12-19

       Vitality comes from effective market and effective government, which can not be separated from deepening market-oriented reform and expanding high-level opening-up. Looking to the future, China's economy still needs to move forward along the logic of historical progress in order to achieve high-quality development.

       Where will China's economy sail in 2019? In the face of changes in the external environment and inadequate domestic development imbalance, how will we respond? Next year will be the 70th anniversary of the founding of New China and the key year to win the first 100-year goal of building a well-off society in an all-round way. These problems are particularly noticeable.

       The recent meeting of the Political Bureau of the Central Committee has sent the signal of economic work in 2019: "Five perseverances" and "Six stabilities" outline the direction of economic work in 2019, treat the changes of international environment and domestic conditions dialectically, promote the high-quality development of manufacturing industry, promote the formation of a strong domestic market, and strive to solve the outstanding problems strongly reflected by the people... The information conveyed by the conference outlines the main direction of China's economic work next year. It also demonstrates the central government's determination to deepen reform, expand opening-up and strive to improve the institutional and policy environment conducive to promoting high-quality development.

       The 40-year history of reform and opening-up tells us that economic development is an important source of confidence. If we say that in the past our confidence came from constantly "catching up with and surpassing", today the significance of "steady" is highlighted. The "three stages of superposition" has not passed. The three major battles are the most important tasks at present. We need to deal with the relationship between steady growth, structural adjustment and risk prevention, especially the art of reform. Therefore, from the seminar for non-Party personages in the middle of the year to the recent meeting of the Political Bureau of the Central Committee, it has been emphasized repeatedly that employment, finance, foreign trade, foreign investment, investment and expectations are stable. From the point of view of specific measures, whether it is the establishment of the Financial Stability Development Committee of the State Council at the end of last year to prevent and control financial risks, or the recently promulgated provisions on the return of unemployment insurance premiums to stabilize employment, the system design and policy advancement take the lead in ensuring the stability of various indicators of economic and social development, and also stabilize people's hearts.

       In the face of new problems, new challenges and changes in the external environment, China's economy has achieved good results and sufficient strength. One of the important reasons is that we have a domestic market with huge potential. This year's "double 11" and "1.882 billion express delivery" let people see the strength of the new economy once again, and some investment in infrastructure will also become the grasp of steady growth. The promotion of the Rural Revitalization Strategy will usher in a historic opportunity for the rural infrastructure shortcomings board, in order to meet the people's yearning for a better life through structural reform on the supply side, and the upgrading of consumption will bring new economic growth points. In a sense, the process of leading the unbalanced and insufficient development to the full and balanced track is also a process of promoting the formation of a strong domestic market and improving the overall level of the national economy. Looking ahead, China still has a lot to do.

       The recent meeting of the Political Bureau of the Central Committee also specifically pointed out that efforts should be made to stimulate the vitality of micro-subjects. Some economists use the term "big fish in big water" to describe China's economic development in the past 10 years. Indeed, whether the economic development is good or not, we should look not only at the macro level of "water", but also at the micro level of "fish". By March 2018, the number of market players in China had exceeded 100 million. They are the fruits of 40 years of reform and opening up, the driving force for further economic development, and the barometer of economic health. This year, General Secretary Xi Jinping personally chaired a seminar on private entrepreneurs. Governments at all levels joined forces to help, and a series of solid measures were launched. As soon as vitality is released, innovation power will spring up, and the momentum of development will naturally accelerate. The burden of entrepreneurship will be smaller and the benefits will be greater. The sense of people's sense of gain, happiness and security will naturally be enhanced.

       Furthermore, vitality comes from effective market and effective government, which can not be separated from deepening market-oriented reform and expanding high-level opening-up. Over the past 40 years, the hands of reform have been simplified, greatly reducing the cost of the system; the hands of openness have been sent to usher, greatly increasing the benefits of globalization of China's resource elements. Looking to the future, China's economy still needs to move forward along the logic of historical progress in order to achieve high-quality development. In the new year, deepening the reform of "releasing control clothing" to further reduce the threshold of market access, promote fair competition among all kinds of market players, and solve the problem of difficult financing and expensive financing for private enterprises remain the focus of market attention. At the same time, further streamlining the negative list of foreign investment access, further reducing tariffs, and creating an international first-class business environment constitute the key to promote a new round of high-level opening-up. The hand of reform and the hand of openness form a strong joint force, and China's economic development will surely create more miracles.

       Confidence comes from performance, and doing things improves confidence. In the critical year of building a well-off society in an all-round way, we have no time to rest and breathe. We have to push ahead with all kinds of work and try our best to answer the new questions of economic development.

       Source: People's Daily


Part One:Creating a team of high-quality cadres who are loyal and clean Part two:People's Forum: "Who Should Use" and "Who Should Use"
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