Xinhua News Agency Commentator: Building a New Development Pattern to Achieve High-Quality Learning-Development and Implementing the Spirit of the Fifth Plenary Session of the 19th Party Central Committee



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Xinhua News Agency, Beijing, October 31Theme: Build a new pattern of development to achieve high-quality learning-development and implement the spirit of the Fifth Plenary Session of the XIX Central Party Committee

Commentator for Xinhua News Agency

“Form a strong domestic market and build a new development pattern.” The Fifth Plenary Session of the XIX Central Committee of the Party insisted on expanding internal demand as a strategic base point, and made an important strategy to build a new development pattern with the internal cycle as the main body and the mutual promotion of double cycles. international and national. The deployment marks the main direction for the promotion of high-quality development, the realization of the “XIV Five-Year Plan” and the long-term goals for 2035.

“Those who know change over time, those who know are governed by things.” Propose the main task of building a new development pattern. The Party Central Committee, with Comrade Xi Jinping at the center, actively responds to changes in the national and international situation and advances with the times to improve China’s economic development. The strategic choice made in reshaping China’s new advantages in international cooperation and competition is an important starting point for achieving high-quality economic development and solving various medium and long-term problems it faces. It is an important part of Xi Jinping’s economic thinking on socialism with Chinese characteristics in a new era. It demonstrates our party’s deep understanding and scientific understanding of the objective laws of economic development and opens up a new realm of Marxist political economy.

Today’s economic globalization is facing a backlash, unilateralism and protectionism are on the rise, and the new corona pneumonia epidemic has brought widespread and far-reaching effects, and the world is facing more instability and uncertainty. At the same time, China has moved into a high-quality development stage and is in a period of tackling key issues to transform development methods, optimize economic structure, and transform growth momentum. China’s development is still in a period of significant strategic opportunities, but there are new developments and changes in opportunities and challenges. Faced with the complicated national and international situation, the most important thing is to consolidate the roots, practice internal skills and accelerate the formation of a new development pattern in which the national and international dual cycles are the fundamental pillar. By harnessing the potential of domestic demand and strengthening the domestic economic cycle, the domestic market and the international market will be better connected, and domestic and international markets and resources will be better used to promote the quality of economic development, efficiency changes and changes of power.

To build a new development pattern and achieve high-quality development, we must adhere to the strategic basis of expanding domestic demand. A common characteristic of the economies of large countries is domestic recyclability. As the world’s second-largest economy, China’s domestic supply and demand play an important role in supporting the business cycle. It is necessary to accelerate the cultivation of a complete system of domestic demand, organically combine the implementation of the strategy of expansion of domestic demand with the deepening of structural reforms on the supply side, and lead and create new demand with a high supply quality driven by innovation. It is necessary to smooth the cycle of the national economy, break the blocking points in many links from production, distribution to circulation, consumption and form a higher level of dynamic equilibrium in which demand drives supply and supply creates demand. It is necessary to strengthen research on key technologies, maintain the security and stability of the industrial chain supply chain, catalyze a new development momentum through technological innovation and achieve connotative growth driven by innovation. It is necessary to optimize the income distribution structure, expand the middle income group, build a modern circulation system, optimize the consumption environment, promote consumption improvements, make the most of the advantages of China’s large-scale market, make for domestic demand to better become the basic driving force of economic development; and to expand domestic demand to better satisfy the people. A better life should inject a strong impetus to high-quality development.

The new pattern of development is by no means a closed internal cycle, but a double open internal and international cycle. To build a new development pattern and achieve high-quality development, we must deeply participate in the international cycle. It is necessary to broaden openness to the outside world to a higher level, expand market access for foreign-financed companies, and make better use of domestic and international markets. Strive to create a market-oriented, rule-of-law, international business environment, relying on a strong domestic market to make China a solid gravitational field to attract high-quality global factor resources, and a fertile ground for investment and foreign businesses, so that national and international cycles can promote and complement each other. Promote mutual benefit and common prosperity and development between our country and other countries.

China’s economy is a great ocean and the basic trend of long-term stability and improvement remains unchanged. Facing various risks and challenges, maintaining strategic determination, closely promoting high-quality development, and accelerating the construction of a new development pattern, will surely create new advantages, open new spaces, add new energy, and promote China’s economic ship to ride the wind and waves, and travel steadily. .

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