China Economic Review: Deepen Your Understanding of the Three “News” and Strive to Do Your Own Business Right



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China Economic Review: Deepen Your Understanding of the Three “News” and Strive to Do Your Own Business Right

Economic Journal-China Economic Network Author: 2020-11-05

On November 3, the Xinhua News Agency was authorized to broadcast the “Fourteenth Five-Year Plan for National Economic and Social Development of the CPC Central Committee and the Plan for 2035 years” approved by the Fifth Plenary Session of the 19th Party Central Committee. .

On November 3, the Xinhua News Agency was authorized to broadcast the “Proposals of the Central Committee of the Communist Party of China on the Formulation of the Fourteenth Five-Year National Economic and Social Development Plan and Long-Term Goals for 2035”, which was approved by the Fifth Plenary Session of the XIX Central Committee of the Party. Carefully read the “Proposals” of the plan, and a main line runs through the entire text: new stages of development, new concepts of development and new patterns of development.

Only by recognizing the direction can we go the right way. The new stage of development initiated by the “XIV Five-Year Plan” is a new stage for the integral construction of a modern socialist country and the march towards the goal of the second centenary.

The concept of development is the forerunner of development actions, managing the overall situation, the fundamentals, the direction and the long term. The “Recommendations” plan proposes, “Unwaveringly implement the new development concept of innovation, coordination, green, openness and sharing.” In October 2015, the Fifth Plenary Session of the 18th Central Committee of the Communist Party of China clearly laid out the new development concept, which provided the basic follow-up for China’s development in the 13th Five-Year Plan and beyond. Practice fully shows that the new development concept has led China’s economy to continually solve development problems, generate development advantages, achieve significant progress in transforming development methods, optimizing the economic structure, and transforming the momentum of development. growth, and take solid steps towards high-quality development.

The total economic volume is close to 100 trillion yuan, and the GDP per capita has reached the level of 10,000 US dollars. It has decisively made decisive achievements in building a well-off society in all aspects and in the fight against poverty alleviation. It has contributed about 30% to world economic growth. It has the largest middle income group in the world and it is strong. The formation of the domestic market is accelerating; the ecological environment continues to improve, green development methods and lifestyles are deeply rooted in people’s hearts, and the building of a beautiful China has achieved remarkable results; Beidou network completed, 5G commercialization accelerated, Hong Kong-Zhuhai-Macao bridge flies over three places, created in China, made in China and China Generate global attention … In the past five years, innovation has been become the first driving force, coordination has become an endogenous characteristic, green has become a universal way, openness has become the only way, sharing has become the fundamental goal and the new concept development has become deeply ingrained in people’s hearts.

Entering a new stage of development, it is necessary to build a new development pattern that adapts to the new stage. The “Proposal” of the plan emphasizes, “Accelerate the construction of a new development pattern with national and international cycles as the main body and the mutual promotion of national and international cycles.” This is an active action, not a passive response; it is a long-term strategy, not an interim measure. With the great domestic cycle as the main body, it is precisely taking advantage of the potential of domestic demand to better connect the domestic market with the international market, and make better use of the two international and national markets and two resources to achieve a more robust development and sustainable. It should also be recognized that the new development pattern emphasizes a dual national and international cycle, not a single cycle of the national economy. Furthermore, the construction of a new development pattern is based on a large domestic cycle based on a unified national market.

Today’s world is undergoing major changes that have not been seen in a century, and the external environment for China’s development is becoming increasingly complex. As we enter a new stage of development, we face unprecedented opportunities and challenges. It should be noted that China has a population of 1.4 billion and its GDP per capita has exceeded US $ 10,000. It is the largest and most potential consumer market in the world with great room for growth. Since reform and opening-up, we have faced many external risk shocks and can ultimately alleviate the dangers. What we depend on is to manage our own affairs and strengthen our development in the country.

Looking back at the “Thirteenth Five-Year Plan”, China’s development has reached a new level in the united struggle of 1.4 billion Chinese. Looking ahead to the “Fourteenth Five-Year Plan” and guided by effective new development concepts, we will focus on building a new development pattern, which will not only lead China’s new stage of development to deepen and stabilize, but also help recovery. global economy and will bring more to the world. A lot of opportunities. (Commentator for Economic Daily-China Economic Net, Mr. Zifang)

Publisher: Wang Yu

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