[Guangming Net Review] Maintaining stable, healthy and sustainable economic development

　　Author: Zhang Rui, Professor of Economics, Guangdong Normal University of Technology

　　When the Year of the Tiger begins, the person in charge of the National Development and Reform Commission clearly stated when talking about my country's economic situation that "there is a complete foundation, conditions, confidence and ability to maintain stable, healthy and sustainable economic development", which releases not only the year 2022 It is a strong signal that my country's economy will not change, and it also fully summarizes the strong resilience and future potential to support the sustainable development of the economy, and the economy maintains a stable, healthy and sustainable development.

　　Under the epidemic, my country's GDP exceeded 114 trillion yuan last year. The huge economic aggregate shows that the overall national strength has been significantly improved, which shows that my country's epidemic prevention and control work has achieved remarkable results, and it also shows that my country's economy has enhanced its ability to resist risks and shocks.

In terms of fiscal revenue, in 2021, the country will realize a general public budget revenue of 20.25 trillion yuan.

In particular, in 2021, the total profits of industrial enterprises above designated size nationwide will be 8.7 trillion yuan, a year-on-year increase of 34.30%; the total profits of central enterprises will be 2.4 trillion yuan, a year-on-year increase of 30.3%.

These intensive and large-scale enterprises and industries have undoubtedly become the "ballast stone" of economic growth.

　　In terms of factor conditions, my country not only has a complete industrial system and a high degree of controllability, but also the supply and demand relationship between the upstream and downstream of major domestic industrial chains has basically entered an increasingly optimized and virtuous cycle. On the one hand, through years of supply-side reform, excess and redundant The surplus production capacity is basically cleared, the low-end competition is fully squeezed, and the product supply structure is more excellent and reasonable; on the other hand, last year's domestic integrated circuit output increased by 33.3% over the previous year, and the independent supply of "key products" such as automotive chips It is expected to continue to expand.

At the same time, the bottleneck of domestic upstream supply-side shortages has been resolved, coal production has rebounded rapidly, high-quality coal production capacity has been released, power supply has been stable and orderly, and the main energy supply has entered a market state with stable prices and sufficient quantities.

More importantly, the scale of my country's digital economy has reached 40 trillion yuan, the digital infrastructure is increasingly perfect, and the transformation of traditional industries by digital technology is increasingly strengthened.

　　Further interpretation of the "troika" can better touch the subsequent abundant energy of China's economic growth.

In terms of investment, statistics show that last year's national fixed asset investment increased by 4.9% year-on-year, of which manufacturing investment increased by 13.5%, showing that the real economy has significantly improved the support of my country's economic growth; among them, high-tech manufacturing investment has performed well.

The inclined investment in advanced manufacturing and emerging industries is conducive to laying a solid foundation for the growth of the real economy and the optimization and upgrading of the industrial structure, and cultivating an engine for high-quality economic development. Compared with traditional manufacturing, the multiplier effect of these high-end advanced manufacturing will be more stable and durable.

　　In terms of consumption, the total retail sales of consumer goods in China exceeded 44 trillion yuan last year. From the perspective of the just past Spring Festival holiday, the national non-cash payment for the seven-day holiday was 14.9 trillion yuan, a year-on-year increase of 16.2%. The box office exceeds 6 billion yuan... From this, it can be seen that the trend of consumption upgrading is becoming more and more obvious, and the domestic consumption market has huge potential.

In addition, last year's CPI only rose by 0.9%. This year, prices will continue to run at a low level. The public has established optimistic consumption expectations, which is self-evident for the support of the strategy of expanding domestic demand.

　　It should be admitted that due to the substitution effect of other countries' products in the post-epidemic era, it is impossible for China's exports to continue to experience the "blowout" situation in the previous two years, and the growth rate may slow down marginally. However, my country's economy's dependence on exports has now dropped to 16%. %. At the same time, as a powerful move for the "Year of Foreign Trade Consolidation and Improvement", the number of cross-border e-commerce comprehensive pilot zones has increased by 27, bringing the total number to 132.

Compared with traditional trade, cross-border e-commerce transactions have higher matching degree and efficiency, and are closer to consumers, which is conducive to expanding the broad export market.

In addition, RCEP (Regional Comprehensive Economic Partnership) was officially launched this year, and the new impetus given to domestic exports by regional economic integration is expected to exceed expectations.