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    The Rising China Is Irresistible To &Nbsp; &Nbsp; Opportunities Outweigh Challenges.

    2012/3/3 9:14:00 32

    FundFinancial CrisisIntegrationConsumption Breakthrough

    In recent years, the difficulties of the developed countries and the gloomy outlook of the world economy have attracted much attention in China's economy.


    From international Monetary Fund The latest forecast of the organization said that China's economy will continue to grow rapidly this year and will become a bright spot in the global economy. This report not only reminds people of the same general forecast in China, but also brings home and abroad. Economics The new changes and challenges of the environment reflect the reflection of the recent two important international conferences on the capitalist system, and then associate with some important issues such as China's development path and strategic opportunities.


    First, the deep impact of the international financial crisis is beginning to show. Facing the new difficulties and challenges, the good momentum of China's economic development and the basic trend of peaceful rise will not be reversed.


    Since the beginning of the new year, the international financial crisis has deeply affected me. In January, there was a rare negative growth in China's foreign trade export. The real estate market was dull, and the sales volume in the auto market declined sharply. There were even two "green doors" in the stock market.


    The superposition of many problems and unfavorable factors has made many people feel confused and even lack of confidence in the prospect of economic development. Therefore, it is very necessary to make a systematic and comprehensive analysis of the changes in the environment and economic situation at home and abroad, and draw the correct judgement from it.


    Looking back on the past year, faced with the grim situation of the world economic downturn, rising inflation and the international market downturn, the central authorities have taken measures to meet the needs of the times and made scientific decisions, and timely introduced a series of countermeasures. The enterprises have strengthened confidence and faced difficulties, which greatly reduced the adverse effects caused by insufficient external demand and made our economy continue to move towards the expected direction of macroeconomic regulation and control. The exhibition showed a good momentum of rapid growth, stable prices, better returns and improved people's Livelihood: the national economy grew by 9.2%, grain production increased continuously for 8 years, industrial production increased by 13.9%, enterprise profits increased by 25.4%, urban residents' income increased by 14.1%, and rural residents' income increased by 17.9%. In the context of world economic growth of about 3%, China's economic performance is particularly prominent.


    Moreover, since the outbreak of the international financial crisis in 2008, the world economic structure is changing rapidly. The developed countries such as the United States and Japan are generally facing financial crisis and economic recession. The emerging market countries such as China, India and Brazil are developing faster. Because of the strength of each country and the rising of emerging market countries, China's rising momentum is more obvious, its contribution to global economic growth is increasing, and the influence of international status and international affairs is rising.


    The adverse effects of the international financial crisis in the past few years have not changed the fundamentals of our economy, nor have we changed the basic trend of China's development and peaceful rise. What needs to be further explored is that the international financial crisis is far from over, and it is continuing to deepen and evolve. What changes will it bring to the world economy? What new impacts will it bring to our economy? A comprehensive analysis shows that the deepening of the current international financial crisis has led to the more complex and severe international situation, though the instability and uncertainty of the world economic recovery has increased. The overall development trend and some characteristics are still clearer: first, the economic slump of the main developed countries will last for a long time. Two, the international market will remain in a state of depression. Three, the international competition will become more intense.


    With the highly integration of China's economy and the world economy and the interconnection of domestic market and international market, the continuous deepening of the international financial crisis has led to economic recession, international market downturn and intensified international competition in developed countries, and its influence will inevitably be transmitted to China's economy through multiple channels, which has been reflected in the export of foreign trade at the beginning of this year. Although there are holiday factors, some foreign trade enterprises have obviously felt the above influence, and other related enterprises and industries also have a chain reaction. However, we can make a judgement in the light of all aspects. The momentum of good economic development in the near future will not be reversed. {page_ Break}


    According to one of the reasons, foreign trade exports will continue to increase this year. Most of the products exported to the developed countries are necessities of life. No matter how poor the economy is in Europe and America, the necessities of life are always indispensable. In this respect, our products still have relative advantages; the economic situation of the emerging market countries is generally good, and my export potential is considerable.


    Two, the pulling force of consumer demand remains strong. Since last year, the income growth of urban and rural residents has been relatively fast, and this year's expected revenue growth is unlikely to slow down suddenly. At the same time, the continuous increase of employment and the improvement of social security level will play a positive role in enhancing consumer confidence and increasing durable consumption. The great development of cultural industry will directly promote the increase of residents' cultural consumption, quality improvement, content enrichment and various forms. All these factors determine that the overall consumption demand will maintain a relatively fast growth trend in 2012, and the growth of retail sales of social consumer goods is likely to exceed that of last year.


    Three, investment demand is strong. The central government arranged the investment scale of water conservancy construction in the "12th Five-Year" period of 4 trillion yuan. In 2012 and 2013, it was the peak period of water conservancy construction; all kinds of strategic emerging industries and the modern logistics industry are in the ascendant; the cultural industry is in a period of great development, which needs a lot of investment, and our financial and material resources can also support the rapid growth of investment.


    The above analysis shows that the pulling force of "three carriages" of exports, consumption and investment on China's economic growth is still strong. At the same time, China's residents' consumption structure and upgrading of industrial structure contain huge demand potential, good fiscal revenue, stable operation of the financial system, abundant social capital, rich experience in macroeconomic regulation and control, and obvious improvement of enterprise competitiveness, all of which have determined our ability, confidence and conditions to consolidate and maintain the good momentum of China's economic development.


    Of course, we must not ignore the profound impact of the international financial crisis and some new problems and new problems in the economic operation at home and abroad. We must actively respond to these problems, but we should not be confused by the complicated situation and shake them for the time being. Instead, we should try our best to assess the situation from the interconnections between the international and domestic situations, strengthen our confidence, tackle difficulties and forge ahead.


    Two, the international financial crisis has not changed the basic pattern of China's development still in an important period of strategic opportunities. We have both challenges and opportunities, and opportunities outweigh challenges.


    Further analysis can also be made that the long-term trend of China's economic development and the important strategic opportunities for China's development will not be reversed because of the continuous deepening of the international financial crisis.


    In recent years, although the international financial crisis has had a significant impact on the global economic situation, at the beginning of this century, the development trend and basic conditions at home and abroad that the Party Central Committee made strategic judgments had not changed. From the international perspective, the trend of world multipolarization and economic globalization has not changed; the trend of the times of peace, development and cooperation has not changed; on the whole, the international environment is conducive to the peaceful development of our country. From the domestic situation, after years of development, China's economic strength has been significantly enhanced, and the basic conditions for the development of infrastructure and technology, education and other sectors have been improving. Industrialization, information technology, urbanization, marketization and internationalization continue to push forward, and will continue to be a powerful force in economic development. As a large population country, China has a large consumption volume. With the steady growth of residents' income and the acceleration of consumption structure upgrading, the potential for sustained expansion of consumer demand in China is huge. The overall political and social situation remains stable. Deepening reform and opening up will further release the vitality and potential of development. {page_ Break}


    In general, the opportunities brought by the international financial crisis are greater than challenges, which will help us make better use of foreign resources, technology and talents, and help our enterprises to enhance their participation in the international division of labor and raise the level of international operation. We should stick to the strategic vision and global vision to seize and make good use of opportunities, and be good at using all favorable conditions and positive factors to accelerate the formation of new advantages of China's economic development.


    Three, we should continue to seize and make good use of the important strategic opportunities, advance steadily, tackle tough problems, and constantly improve China's comprehensive national strength and international competitiveness.


    In order to actively respond to and grasp the challenges and opportunities brought by the international financial crisis and promote the steady and rapid development of our economy, the Central Committee has put forward the general keynote of "steady progress" in this year's economic work. This "stability" is not static; this "go in" means that we should continue to seize and make good use of the important strategic opportunities for China's development, tackle tough problems and work hard, and strive to make new progress, breakthroughs and new achievements in all aspects of our work.


    The key is to grasp "two stability and one expansion". First, stabilize external demand. The vast majority of foreign trade enterprises should deepen the development of emerging markets while stabilizing the traditional export markets of Europe and America, while expanding the export of high technology and high added value products while increasing the export of traditional commodities. Two, we must stabilize investment. We should continue to promote steady growth in private investment, especially encourage private investment in railways, municipal, financial and energy fields, and promote major projects identified in the 12th Five-Year plan. The so-called "expansion" is to expand consumption. We should put more emphasis on expanding domestic demand to protect and improve people's livelihood, speed up the development of service industries and increase the proportion of middle income earners. We should place more emphasis on expanding consumption, especially household consumption, and continuously increase the pulling force of consumption on economic growth.


    To expand residents' consumption, it is necessary to increase residents' income and enhance their ability to consume. To this end, we need to deepen the reform of the income distribution system, speed up the adjustment of the distribution pattern of national income, increase the income of low-income people through multiple channels, and further study the issue of property income. In recent years, the negative interest rates of bank savings deposits and the continuous downturn of the stock market have had a certain impact on Residents' property income. Although this situation has its objective causes, relevant departments and units should also make positive efforts from expanding the consumption of residents and safeguarding the vital interests of the masses. Recently, it is worth affirming that some commercial banks cancel unreasonable charges. The head of the SFC clearly stated that blue chips have shown a rare investment value, which is also a positive signal and initiative. The fluctuation of stock market and the transformation of bull and bear are normal operating conditions. There are indications that after more than 4 years of full adjustment, and the drawbacks of refinancing money and light returns are gradually eliminated, China's securities market is expected to go out of the doldrums and turn to healthy development.


    Expanding domestic demand is a fundamental measure to effectively cope with the international financial crisis, and is also a basic requirement and a primary task for changing the way of development. It is an economic issue as well as a livelihood issue. Many specific measures to expand domestic demand not only directly affect the speed of economic growth, but also closely connect with the vital interests of the masses. In this sense, we must focus on the current situation, highlight the key points of our work, and also focus on the long term, strengthen overall coordination, and focus on the "Four Combinations".


    First, we should combine domestic demand with structural adjustment to expand the new space for domestic demand growth. The service industry is the largest potential industry to expand domestic demand and the largest "employment accommodating device". We should accelerate the development of service industry as the focus of industrial restructuring, take effective measures to create favorable environment, vigorously promote the development of modern logistics, e-commerce, research and design and other producer services, and vigorously promote the development of tourism, fitness, pension, home economics and other life service industries. At the same time, we should seize the opportunity to promote the development of strategic emerging industries, high-tech industries and advanced manufacturing industries. {page_ Break}


    The two is to better integrate domestic demand with urbanization and foster new driving force for domestic demand growth. We talked about expanding domestic demand, and the biggest domestic demand is urbanization. Therefore, it is necessary to steadily promote urbanization as a strategic focus for expanding domestic demand, and promptly formulate and implement policies and measures to promote the integration of migrant workers into cities. In addition, the rigid demand of urbanization will inevitably lead to the development of real estate industry. The real estate market downturn is mainly due to the "excessive illness" caused by excessive housing prices and excessive speculation. From all aspects of the situation, the real estate industry will not fail, and the "cure" of regulation will surely lead to a new road.


    The three is to combine development and reform better. We should seize the opportunity to make new breakthroughs in some key areas and key links such as the taxation system, the financial system, the price system, the cultural system reform, the administrative examination and approval system and the reform of state-owned enterprises as soon as possible.


    The four is to better integrate the development of the economy with the improvement of people's livelihood. In order to adapt to the new expectations of the masses and the new requirements of the situation, we should put people's livelihood work in the important position of economic work, and put the major livelihood projects in the priority sequence of development projects. We should effectively enhance the inclusiveness of development, promote social equity and prevent polarization through various channels; persist in implementing a positive employment policy, give priority to the promotion of employment in economic and social development, and implement more development strategies and policies and measures that are more conducive to expanding employment.


    Four, the practice and effectiveness of the crisis will further demonstrate the unique advantages and vitality of socialism with Chinese characteristics, and firmly advance along the road of socialism with Chinese characteristics, and the great rejuvenation of the Chinese nation will be realized.


    The process of coping with the international financial crisis is also a process of deepening our understanding of the law of economic and social development. This crisis has had a great impact on the theory and development mode of the western countries. When the crisis continues to evolve and deepen, we should start from the level of economic operation and further analyze it from the aspect of social system.


    The two international conferences to be held recently deserve our attention. One is the Davos world economy sponsored by developed countries. forum Politicians, famous experts and economists from more than 100 countries and regions have concentrated on the profound reflection of the capitalist system. Participants generally agreed that the international financial crisis is essentially a crisis of the capitalist system.


    The other is the world social forum sponsored by developing countries. People from all walks of life attending this meeting have suggested that the international financial crisis has been repeatedly attacked and lingering, rooted in the capitalist system. Developing countries should break away from the superstition of capitalism and strive for new development models.


    It is no coincidence that the two important international conferences commented on the existing capitalist system. The consensus formed by the international community shows that the social system in developed countries has been seriously questioned, and the development myth of Western models is hard to justify.


    The impact of this international financial crisis on the extent, extent and intensity of the impact is extremely rare. {page_ Break}


    The reason for this crisis is, on the surface, from the massive default of US subprime mortgage loans and the burst of financial derivatives bubbles, triggering a comprehensive credit crisis. If we start from the direct cause, it can be said that the macroeconomic policies of developed countries are improper, the virtual economy is over expanding and the lack of government regulation is the result of the unsustainable growth pattern of long-term liabilities consumption.


    The analysis of the intrinsic nature exposes the inherent disadvantages of the free market economy, exposes the inherent defects of the capitalist system, and exposes the deep-seated structural contradictions under the conditions of economic globalization.


    Now, the international financial crisis is evolving into a deep recession of the world economy. It further reflects the harm of new liberalism theory and practice which is characterized by privatization, marketization and liberalization.


    Our country has been implementing a highly centralized planned economy for a long time. It regards the plan as absolute, thus restricting the development of productive forces. The international financial crisis has made us see that the market is not omnipotent, and laissez faire will inevitably lead to chaos in the economic order and unfair social distribution, and ultimately be punished.


    From this crisis, we can see that we have further demonstrated the unique advantages and vitality of socialism with Chinese characteristics and strengthened the sense of pride and cohesion of the Chinese nation.


    After more than 30 years of reform and opening up, we have opened up the road of socialism with Chinese characteristics.


    In the face of a series of major challenges such as the international financial crisis, our development path has been tested, and our social system has shown its advantages, including Deng Xiaoping theory and " The Three Represents "Important strategies such as important thinking and Scientific Outlook on Development" thought The theoretical system of socialism with Chinese characteristics fully demonstrates the powerful power of guiding practice.


    We have every reason to believe that as long as the whole Party and the whole people are confident, United and hard to tackle, and are not afraid of any risks, they will not be confused by any interference, seize opportunities and make good use of opportunities, and the rise of China will be irresistible. The road of socialism with Chinese characteristics will become wider and wider.

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