In 2021, the Chinese economy will hand over a dazzling report card.
In 2021, China's gross domestic product (GDP) will increase by 8.1% over the previous year, and the total economic volume will reach 114.4 trillion yuan, which is equivalent to 17.7 trillion US dollars at the annual average exchange rate, ranking second in the world.
This means that China's comprehensive national strength is further enhanced, and the foundation for realizing Chinese-style modernization is more solid.
GDP exceeded 50 trillion yuan in 2012, 60 trillion yuan in 2014, 70 trillion yuan in 2016, 8 billion yuan in 2017, 90 trillion yuan in 2018, and 100 trillion yuan in 2020. In 2021, it will exceed 110 trillion yuan, and the Chinese economy will walk out of a sharp upward curve.
In 2021, under the cover of the new crown pneumonia epidemic, the global economic recovery is fragile and tortuous, and inflation, debt, energy, and supply chain crises are intertwined.
Facing multiple challenges, it is not easy for China to rank among the world's major economies in terms of economic growth rate.
Yan Yilong, deputy dean of the Institute of National Conditions of Tsinghua University, said that China's total economic volume exceeds 110 trillion yuan. It does not rely on indiscriminate currency issuance and "flooding", but on scientifically coordinating epidemic prevention and control and economic and social development to continue to promote high-quality The development has achieved the dual goals of higher growth and lower inflation, with better quality and more solid background.
China's economic scale has been further expanded, and its international influence has been further enhanced.
In 2021, China's total economic output is expected to account for more than 18% of the global economy.
In 2021 alone, China's economic growth will be about 13 trillion yuan. Taking into account the appreciation of the exchange rate, the growth will reach 3 trillion US dollars, which is equivalent to the economic aggregate of a relatively large major economy in the world in one year, and it is the largest economy in the world. The largest contributor to recovery and development.
Yan Yilong said that the continuous growth of the total economic volume will continue to strengthen China's economic chassis, make China's economy even broader, and contribute more to the recovery and growth of the world economy.
Liu Xiaoguang, a researcher at the National Institute of Development and Strategy of Renmin University of China, said that with the expansion of the economic scale, China's cooperation with other countries and regions in the world will become increasingly extensive and in-depth, and it will be more capable of dealing with zero-sum games provoked by individual countries and promoting global The governance system and order are changing in a more fair and reasonable direction.
The scale of China's economy has been further expanded, and the foundation for achieving common prosperity has become more solid.
In 2021, China's per capita GDP will exceed 80,000 yuan, which is converted to US$12,551 at the average annual exchange rate. It is expected to exceed the global per capita GDP level and be closer to the threshold of high-income economies.
Liu Xiaoguang said that the "14th Five-Year Plan" period is a critical period for China to overcome the "middle-income trap". According to China's current economic structure, resource endowments and development trends, China is expected to enter the ranks of high-income countries in the middle and late stages of the "14th Five-Year Plan". .
At present, China is still the largest developing country in the world. The basic national conditions that China is in and will remain in the primary stage of socialism for a long time have not changed. The problem of unbalanced and insufficient development is still prominent. There is still a certain gap, and it must be recognized that the development of productive forces is the material prerequisite for achieving common prosperity.
Yan Yilong said that expanding the "cake" and dividing the "cake" are mutually reinforcing. China can only continue to create and accumulate social wealth, first make the "cake" bigger, and then divide the "cake" through reasonable institutional arrangements. Realize that the wealth of residents will rise, and the achievements of development will benefit all people more and more equitably.
The economic situation in 2021 will be more complicated and more difficult than expected, but China has withstood the pressure and guarded against risks, and the economy will be stable and far-reaching with greater confidence.
At present, we must not only see the triple pressure of demand contraction, supply shock, and weakening expectations, but also realize that the fundamentals of China's economy are stable and improving in the long run, and the fundamentals of China's economy have not changed. The basic characteristics of large space and many policy tools have not changed, and the various advantages and conditions of China's development have not changed.
China will unswervingly do its own thing well, handle the short-term and long-term relationship well, promote the steady improvement in quality and rational growth of the economy, and continuously strengthen the economic foundation. Strides forward on the road.
(Meng Qingchuan)