The total economic volume exceeds 100 trillion yuan, what will China do "after growing up"?

(Economic Observation) The total economic volume exceeds 100 trillion yuan, what will China do "after growing up"?

　　China News Service, Beijing, January 7 (Reporter Xia Bin) The latest "Global Economic Outlook" recently released by the World Bank predicts that the global economy will grow by 4% in 2021, lower than the 4.2% forecast in June last year. The Chinese economy will grow by 7.9%, which is 1 percentage point higher than the forecast in June last year.

　　Han Wenxiu, deputy director of the Office of the Central Finance and Economics Commission, recently revealed that China is the only major economy that will achieve positive growth in 2020. The annual economic volume will exceed 100 trillion yuan, an increase of about 2%, and its share in the world economy will increase from last year. 16.3% of the country’s population rose to about 17.5%

　　"How big is China now?" In his New Year's Eve speech, Luo Zhenyu, the founder of Get App, mentioned that China produces 53% of the world’s steel with one-fifth of the world’s population. % Cement, 71% color TV, 76% photovoltaic panels, 78% air conditioners, 86% microwave ovens, 88% mobile phones, and 90% computers.

"With such a large volume, it is really difficult for others to see us from 40 years ago."

　　Looking at the world or focusing on itself, the size of China's economy is constantly increasing. What should China's development "after growing up" do?

　　Forge ahead towards long-term goals.

Chinese officials have proposed that, looking forward to 2035, the per capita GDP will reach the level of moderately developed countries, and this also defines a rough range for economic growth.

　　Bai Chongen, Dean of the School of Economics and Management of Tsinghua University, predicts that China will grow by 106% in the next 15 years.

Specifically, the potential for economic growth during the "14th Five-Year Plan" period is about 5.8% per year, from 2026 to 2030, about 5% per year, and from 2031 to 2035, about 4% per year.

　　He Fan, an economist and professor at the Antai College of Economics and Management at Shanghai Jiaotong University, believes that China's economic growth will continue to level off.

From the perspective of the cycle, China has been in a sideways stage in the past few years. It is necessary to maintain a stable growth rate and resolve the accumulated risks. From a trend point of view, China's economy is shifting from manufacturing to service industries. As the service industry accounts for an increasing proportion of China’s economy, the potential growth rate of the economy will also slowly decrease.

　　"In the next ten years or even longer, economic transformation will be the most important slow variable affecting China's economy, and it is also the underlying logic behind many problems." He Fan said.

　　Overcoming the middle-income trap.

Wu Xiaoqiu, former vice president of Renmin University of China, believes that in the next few years, China will encounter a major challenge-the middle-income trap.

How to overcome the middle-income trap in the next few years while maintaining economic sustainability is the focus of China's policy design, policy system reform, and various measures.

　　In his view, in the next five years, crossing the middle-income trap is China's goal.

For the sustained development of the Chinese economy, there must be a strong and dynamic microeconomic entity.

Therefore, the development of a company is a prerequisite. Only when the company develops can it drive consumption, have expectations, and have a sense of security.

　　Power technology is self-reliant and self-reliant.

Wang Hongguang, former vice president of the Chinese Academy of Science and Technology Development Strategy of the Ministry of Science and Technology, said that a lot of work must be done to further develop the national economy and consolidate the strength of China's second largest economy, including building a science and technology power.

"We strive to improve the quality of innovation after 30 years of hard work, build a world power in science and technology, and support the construction of an economic power."

　　Luo Zhenyu bluntly said that technological innovation is the real task of our generation of Chinese.

Now that independent innovation has become a consensus in China, this means that countless new windows of opportunity have opened.

　　"The more we understand the status quo of China's innovation, the more we know that the level of China's innovation is constantly rising, and the less we panic." Luo Zhenyu said that China is the only country in the world that has all the industrial categories in the United Nations Industrial Classification.

Although Chinese technology has shortcomings, there is no missing link.

In almost all areas that have been "stucked", China has domestically produced alternative enterprises. Coupled with the huge investment in scientific research and the enthusiasm for innovation of the whole people, the Chinese innovation will be able to turn the stuck list into List of opportunities.

　　As Zhang Yansheng, the chief researcher of the China International Economic Exchange Center, said, facing the new 30 years in the future, China needs to tell three stories, one is science and technology artificial innovation, the second is the modernization of rules, regulations and management standards, and the third is the industrial chain and supply chain. , Value chain and global high-end industry docking.

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