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Rely on the advantages of the large market to accelerate the construction of a new development pattern
The Fifth Plenary Session of the XIX Central Committee of the Communist Party of China reviewed and approved the “Proposals of the Central Committee of the Communist Party of China on the formulation of the Fourteenth Five-Year Plan for National Economic and Social Development and Long-Term Goals for 2035.” The Plenary proposed to accelerate the construction of a new development pattern with the domestic cycle as the main body and the dual national and international cycles promoting each other.
The new pattern of development has been mentioned many times in the Plenary Communiqué, which can be described as the “Gang Ju Mu Zhang”.
2020 is coming to an end, but “uncertainty” has become the keyword of the year. Looking at global politics and economics, trade disputes one after another, geopolitical turmoil and fierce financial market turmoil, there are not only “black swans” but also “gray rhinos.”
Faced with this pattern, anxiety becomes a common emotion.
Individuals are inevitably anxious and the country must be sober and rational. The Fifth Plenary Session of the Central Committee of the Communist Party of China made an important judgment: at present and in the future, China’s development is still in a period of important strategic opportunities, but there are new developments and changes in opportunities and challenges . Only with this type of judgment can we avoid chaos in a complicated situation; With this kind of judgment, we can plan a new chapter with confidence.
The Fifth Plenary Session of the Communist Party of China Central Committee conducted an in-depth analysis of current and future changes in our country’s development environment. He set out to “coordinate the overall strategy of the great rejuvenation of the Chinese nation and the major changes in the world not seen in a century,” and emphasized that “maintain strategic determination and do your own business well.” . A deep understanding of this important judgment, a precise understanding of the new characteristics brought about by the changes in the main contradictions of our society and a clear understanding of the new challenges brought about by the complex international environment are the basis for implementing the spirit of the Fifth Plenary Session of the Central Committee, and it is also understood during the period of the XIV Five-Year Plan. The key to taking the initiative and remodeling new advantages.
To manage our own affairs well, we must understand the strategic basis for expanding domestic demand. An important characteristic of the economies of large countries is that they are cyclical at the national level. As the second largest economy in the world, China has a population of 1.4 billion and its GDP per capita has exceeded US $ 10,000. Such advantages and conditions are unmatched in the world. If domestic supply and demand can play an important role in supporting the business cycle, they can be a great draw for global resource elements and create new advantages to participate in international competition and cooperation without fear of challenges.
To persist in expanding domestic demand and promoting a strong domestic market, there are many things to do. We must pay more attention to improving the earning capacity of middle-income groups and improving basic guarantees, in order to accelerate the reform of the income distribution system; we must strengthen the construction of quality certification systems, increase the protection of consumer rights and make consumption more convenient; We must also optimize the domestic market supply, comprehensively improve the level of competition for domestic products and services, make efforts on the supply side, effectively promote improvements in consumption, and form a higher level of dynamic equilibrium where demand drives supply and supply creates demand.
To manage your own affairs well, you must significantly improve your ability to innovate. In planning the development path during the “XIV Five-Year Plan” period, the plenary meeting drew up a series of plans, and “innovation” was the first. The plenary session called for “Insisting on the central position of innovation in the overall situation of China’s modernization campaign and taking the independence and self-reliance of science and technology as strategic support for national development”, and was emphasized the in-depth implementation of the country’s rejuvenation strategy through science and education, the strategy of strengthening the country with talents, and the innovation-driven development strategy, improving the national innovation system and accelerating of construction Power of science and technology. Similar expressions of “central position”, “strategic support” and “national innovation system” unanimously state that the plenary will attach great importance to innovation.
To promote innovation as a national strategy, the next step is to take practical and high-impact measures on how to stimulate the innovative vitality of scientific and technological talents and improve the scientific and technological innovation system and mechanism.
Taking the domestic cycle as the main body and emphasizing doing one’s own affairs well, it is by no means a closed domestic cycle. The plenary session proposed that during the “XIV Five-Year Plan” period, we should persist in implementing a broader, broader and deeper opening to the outside world, relying on the great advantages of the China market to achieve mutual benefit and beneficial results for all.
China has become deeply integrated into the world, and China can only prosper if it thrives in the world. The series of important signals issued by the Fifth Plenary Session should be welcomed by the world.
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Editor in charge: Liu Xuanyi
