China News Service, Beijing, August 26 (Reporter Wang Enbo) Liu Shijin, deputy director of the Economic Committee of the 13th National Committee of the Chinese People's Political Consultative Conference and vice chairman of the China Development Research Foundation, held the second phase of the "Energy China" forum on the evening of the 25th. Shang said that China's domestic economy is dominated by a major domestic cycle, which does not mean that it is opening to the outside world and retreating, let alone closing the door for self-sufficiency.
On August 25, the second phase of the “Energy China” forum was held online. Liu Shijin, deputy director of the Economic Committee of the 13th National Committee of the Chinese People's Political Consultative Conference and vice chairman of the China Development Research Foundation, delivered a speech. Photo by Xia Bin
Chinese senior officials have mentioned many times recently that it is necessary to promote the formation of a new development pattern in which domestic and international cycles are the mainstay and the domestic and international dual cycles promote each other. Liu Shijin pointed out that the domestic cycle has two characteristics: one is to increase the proportion of domestic demand; the other is to improve the substitutability and resilience of key technologies and important industrial chains.
But at the same time, China also needs a higher level of opening up. Specifically, this kind of opening must adapt to market changes and cyclical changes in the degree of openness in different countries and regions, be more resilient, flexible and shock resistant, be based on rules and systems, and be able to maintain and lead the long-term development of globalization.
Talking about what will be the driving force of the future domestic cycle, Liu Shijin believes that China needs a "1+3+" with the construction of metropolitan areas and urban agglomerations as the leader, the transformation and upgrading of the industrial structure and consumption structure as the main body, and the digital economy and green development as the two wings. 2" has a large pattern of structural potential, as the protagonist of the domestic cycle.
Among them, "1" refers to the construction of metropolitan areas and urban agglomerations to open space for high-quality economic and social development. In Liu Shijin's view, because metropolitan areas and urban agglomerations can produce agglomeration effects and bring about higher factor productivity, China's economic growth potential of 70% to 80% in the next 10 years, especially innovation potential, may come from this.
In addition, "3" refers to the opening of basic industries to competition, improving efficiency, and reducing the basic costs of the entire society; upgrading the consumption structure, focusing on increasing consumption of goods by the low-income class, and expanding service consumption in the middle and high income stages; strengthening basic research and development and source innovation capacity building . "2" refers to digital economy and green development, which empowers economic and social development in an all-round way.
"The key to the domestic big cycle is'passing', and if it doesn't pass, it hurts." Liu Shijin said that through a leader leading, making up for the three shortcomings, and two wings for empowerment, China must find the pain points in the domestic big cycle and take them Open up, so as to fully release the structural potential. (Finish)