Responding to "New Changes" with "New Development Pattern" (Wanghailou·Looking forward to the Chinese economy in the second half of the year①)

  Editor's note:

  On July 30, the Political Bureau of the CPC Central Committee held a meeting to analyze and study the current economic situation and plan economic work in the second half of the year. At present, what new situations and new tasks are facing the Chinese economy? In the second half of the year, how can China's economy take advantage of the momentum to consolidate and expand the results of epidemic prevention and control and economic recovery? Under the "new development pattern", how can China continue to open up? Combined with the spirit of the Politburo meeting, this newspaper will interpret and look forward to it.

  "Accelerate the formation of a new development pattern with the domestic cycle as the main body and the domestic and international double cycles mutually promoting each other." Pointed the way.

  Since the beginning of this year, the sudden new crown pneumonia epidemic has become the biggest variable affecting the Chinese economy and even the world economy. Under the epidemic, normal economic activities and personnel exchanges were subject to many restrictions. For every country, the relationship between survival and development, economy and epidemic prevention, individual and collective, and short-term and long-term relationships has shown new characteristics and new contradictions.

  From an internal point of view, the Chinese economy is currently in a critical period of transforming its development mode, optimizing the economic structure, and transforming growth momentum. The basic characteristics of sufficient potential, strong resilience, large room for maneuver, and multiple policy tools have not changed. At the same time, the Chinese economy is also facing difficulties and challenges brought about by the interweaving of structural, institutional and cyclical issues. The emergence of the epidemic has accelerated the exposure of the original problems and put forward higher requirements for the mutual integration of economic development scale, speed, quality, structure, efficiency, and safety.

  From an external point of view, the epidemic has made the previously weak world economy "exacerbated". In addition to deepening the coordination of traditional macroeconomic policies, countries must also conduct in-depth coordination in social policies such as epidemic prevention and control, resumption of work and production, and conflict resolution. The difficulty of coordination has increased significantly, and frictions and differences will inevitably increase. At the same time, unfavorable situations such as restricted international exchanges, counter-currents in economic globalization, and rising protectionism and unilateralism have emerged one after another. Countries must seek development in an international environment marked by increased instability and uncertainty.

  In the face of unprecedented changes, the Politburo meeting of the CPC Central Committee made major judgments such as "peace and development are still the theme of the times", "China's development is still in a period of strategic opportunity", and "must be understood from the perspective of protracted warfare". Put forward a series of targeted response ideas.

  To respond to the "new changes" with the "new development pattern", we must put people's life safety and physical health first. The people are the creators of history, and the people's happiness is the starting point and end of all development. Therefore, for the Communist Party of China, the relationship between epidemic prevention and control and economic and social development is "1" and "0". Only when the "1" of epidemic prevention and control is held, can there be economic and social development "10", "100", and "1000". "... In the second quarter, China's economy recovered steadily and its growth was significantly better than expected is the latest example.

  Responding to the "new changes" with the "new development pattern" requires China to concentrate its efforts on its own affairs. China has the most complete and largest industrial system in the world, with more than 100 million market players and more than 170 million people with higher education or various professional skills, and a population of 1.4 billion including more than 400 million middle-income groups. The super-large-scale domestic demand market formed...It can be said that doing a solid job of "six stability", fully implementing the "six guarantees" task, and taking the lead in handling China's own affairs is not only an objective requirement for China's own development, but also for the world economy. Great contribution.

  With the "new development pattern" in response to the "new changes", China will firmly stand on the right side of history, promote the construction of an open world economy, and promote the construction of a community with a shared future for mankind. Monofilament cannot form a thread, and a lone tree cannot form a forest. Taking the domestic cycle as the main body, it is by no means a closed door to operate, but by leveraging the potential of domestic demand to better connect the domestic market with the international market, and make better use of the two international and domestic markets and two resources to achieve a stronger economy. Continuous development. This is not only in line with China's own development interests, but also in line with the historical trend of economic globalization.

  The road is tortuous, and the future is boundless. With a strong core of leadership, scientific guiding ideology, careful policy deployment, and heroic people, China's economy will surely be able to "cultivate new opportunities in crises and create new opportunities amidst changes."

  (Wang Junling, author of this newspaper's commentator)