[Explanation] In the past year, the new crown epidemic continued to spread around the world, causing an impact on the global economy.

The International Monetary Fund predicts that China's economic growth will reach 4.8% in 2022.

Recently, Lin Yifu, member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and dean of the Institute of New Structural Economics at Peking University, said in an interview that this estimate is too low.

Looking ahead to China's economy in 2022, he is full of confidence.

　　[Concurrent] Lin Yifu, Member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and Dean of the Institute of New Structural Economics of Peking University

　　I personally think that the international judgment on China is like the International Monetary Fund. They predict that China's growth this year may reach 4.8%. I think this number is too low, because I think it is entirely possible for China to be around 6% or even 6%. above growth.

As long as we boost our confidence and make good use of our favorable conditions, I believe that the past situation of China's economic development will continue, and 2022 will also deliver a beautiful report card.

　　[Commentary] Justin Yifu Lin believes that China's economy will continue to maintain rapid development for a long time to come.

In which areas are the new engines for China's economic future development?

Justin Yifu Lin believes that in the field of traditional industries, China still has a lot of room for industrial upgrading and technological innovation.

　　[Concurrent] Lin Yifu, Member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and Dean of the Institute of New Structural Economics of Peking University

　　The added value of an industry in a developed country must be the highest in the world. As a developing country, our added value is lower than it, or if we don’t even have it yet, then we can enter it, and after entering it, the industry will be upgraded.

For more than 40 consecutive years since the reform and opening up, (China's economy) has grown by an average of more than 9%, mainly by taking advantage of the latecomer advantage of the industrial technology gap with developed countries as a source of technological innovation and industrial upgrading.

After more than 40 years of development, on the one hand, we have some industries, such as home appliances and mobile communications, which are already at the forefront of the world, as well as the new economy. We can go hand in hand with other developed countries. We have the advantages of human resources and the advantage of a large market. , We have the advantages of supporting industries, these are our innovation space.

　　[Explanation] What pressures will China's economic development face in the next few years?

Justin Yifu Lin mentioned a key word, that is "confidence".

　　[Concurrent] Lin Yifu, Member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and Dean of the Institute of New Structural Economics of Peking University

　　Because our growth rate has indeed gradually declined since 2010 in the past few years, we can see that developed countries have not actually fully recovered since the 2008 crisis.

It has also taken some measures like trade wars, technology wars, trying to create obstacles to China's development, and so on.

But I think in the end we will stay focused and take advantage of our large market. If China can maintain a relatively rapid growth, it will not only be a need for China, but also the greatest good news in the world, and it can also drive the development of other countries.

　　Reporter Wang Shibo Pang Wuji Shi Rui reports from Beijing

Responsible editor: [Lu Yan]