Where Is The Davos Economic Forum In The Summer Of 2017?

What is the latest trajectory and trend of China's economic development? The annual summer Davos forum has revealed authoritative answers. Chinese Premier Li Keqiang delivered a speech at the opening ceremony of the Davos forum in summer 2017, conveying the voice of China that China's economy is growing at a high speed and is an active practitioner of inclusive growth worldwide.

Signal 1: what is the trend of China's economy?

China's economic development will be halfway in 2017. What is the trend?

Focusing on external concerns, Li Keqiang Give the answer.

"China's economy has continued to develop steadily and steadily, and all major economic indicators have continued to improve."

"Ensure that the economic operation is in a reasonable range, and maintain rapid growth at medium to high level."

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In the context of the dynamic recovery of the world economy, structural problems becoming more prominent and geopolitical risks rising, China's economy has maintained stability.

According to statistics, in 2017, China's economy grew by 6.9% in the first quarter, reaching the highest growth rate in nearly 6 quarters, achieving a good start. In the two quarter, it continued to maintain a favorable trend, especially the contribution rate of service industry and final consumption expenditure to economic growth reached 61.7% and 77.2%, indicating that the trend of structural upgrading and power conversion is accelerating.

It is noteworthy that despite the slowdown in economic growth in recent years, the Chinese economy has released enormous employment capacity. In May, the unemployment rate of urban survey in China and the unemployment rate of towns in 31 big cities were below 5%.

Recently, the IMF said, "China has the potential to maintain strong growth in the medium term." In the world competitiveness report of 2017 released by the Lausanne School of management in Switzerland, China ranked 7 to eighteenth in the world's 63 major economies, of which three of the domestic economic, employment and labour markets were ranked first in the world.

Schwab, chairman of the world economic forum, said that nearly 7% of the economic growth corresponds to the trillion dollar level of gross domestic product, which is not the same as ten years ago. China's economic growth has contributed immense to world economic growth, so I am also optimistic about the overall global economic growth.

　　 Signal two: how to solve development Fairness Actively practicing inclusive growth?

The new round of industrial revolution brings unlimited opportunities to all countries, but the world and China are practicing how to achieve universal economic and social development and solve the problem of fairness.

"China is an active practitioner of inclusive growth." Li Keqiang said.

Over the past few years, China's cities and towns have added more than 13 million new jobs every year, and the unemployment rate in urban areas has remained around 5%. In the comprehensive evaluation of a number of development indicators issued by international authorities, China's employment performance ranks first in the world.

Over the past 30 years, more than 700 million of China's population has been lifted out of poverty. At present, it is continuing to promote precision poverty alleviation and accurately shake off poverty. By 2020, the remaining about 40000000 rural poor people will be lifted out of poverty.

There were more than 100 million people living in shanty towns in China. Over the past 8 years, about 30000000 houses have been rebuilt, so that about 80000000 people live in new buildings, which is equivalent to the total population of a larger country.

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An important reason for the steady development of China's economy is its increasing inclusiveness. It also provides experience for the world.

Compared with the past industrial revolution, it is more likely to achieve inclusive growth in the new round of industrial revolution represented by networking, digitalization and intellectualization. Because new technology has created a large number of new supply and new needs, greatly expanding the development space, and also brings more opportunities for equal participation to all parties.

Jinbo, an associate professor at Keio University in Japan, said that China's network technology and share economy are developing rapidly. The daily life of ordinary people is increasing and the new economy is linked together, making life more convenient.

　 Signal three: China's economy Where does the new kinetic energy come from?

The summer Davos forum is known as the "flower of technological innovation", which is in full bloom in summer. The theme of "innovation" that the Forum continues to pay attention to is also highly consistent with the "new temperament" presented by China's current economic spanformation and upgrading.

In the face of the new wave of industrial revolution, China has been able to build up the fertile land of social entrepreneurship and innovation through the positive practice that accords with the national conditions.

In the summer 2014 Davos forum, Li Keqiang put forward for the first time that we should take the "Dongfeng" of reform and innovation to set off a wave of "mass entrepreneurship" and "grassroots entrepreneurship". After the mass entrepreneurship and the innovation of millions of people became national strategies, a wave of entrepreneurship and innovation was launched nationwide.

Starting in 2014, China has added 4 new market players every day, including 14 thousand newly registered enterprises, and the activity of enterprises has remained at around 70%. In May this year, the number of newly registered enterprises in China reached 18 thousand per day. All kinds of open and sharing platforms are being speeded up, and all kinds of innovation partners are working together to make positive interaction between online and offline, gather wisdom and power, and make innovation and innovation cheaper, faster and more efficient.

The world innovation index released in 2017 by the World Intellectual Property Organization and the Cornell University has also raised China's ranking by 3 to twenty-second, becoming the only middle-income country in the top 25.

E-commerce, mobile payment, sharing bicycle...... These new industries, new formats and new models have created unimaginable jobs and facilitated the lives of the masses. In the last year's new urban employment, the contribution rate of new kinetic energy accounted for about 70%.

As a well-known enterprise in the field of shared economy, Hu Weiwei, founder of the motorcycle company, said that the concept of our company is consistent with the national concept, that is, innovation. Sharing mode has not only made entrepreneurs, but also promoted the traditional bicycle production and promoted green travel.

China's "double creation" has become fast and powerful because of its "crowd".

This year, the UN General Assembly passed a resolution to designate April 21st as world creativity and innovation day, and called on all countries to support public entrepreneurship and innovation. Ding Yuan, vice president of the China Europe International Business School, said: "China's" double creation "not only makes Chinese entrepreneurs optimistic about the future, but also greatly enhances the confidence of all countries in the world in China's market and China's economy.

　　 Signal four: how will China open wider to the outside world? Competitive power Business environment

China's development is inseparable from the world, and the world's development is inseparable from China.

Li Keqiang delivered another strong signal to the world in his speech - China will continue to take the initiative to expand its opening up. The Chinese government will also speed up a series of substantive initiatives to create an internationally competitive business environment.

In some areas where foreign investors have invested heavily in recent years, the restrictions on foreign capital shares are relaxed.

In the aspect of enterprise registration, the pilot comprehensively pushes aside whether it is domestic capital or foreign capital.

In a number of science and technology innovation policies, in line with the support policies of the WTO rules, all domestic and foreign-funded enterprises registered in China should be treated equally.

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"China is favored by overseas capital, thanks to China's huge market opportunities for multinational companies. China has released multiple dividends to global cross-border investors through reform and opening up, industrial upgrading, export structure spanformation and" one belt and one road "construction. Zhan Xiaoning, director of the investment and business division of the United Nations Conference on Trade and development, said.

The 2017 world investment report released by UNCTAD in June showed that China was the third largest foreign capital inflow country in 2016, attracting foreign investment of US $134 billion. The results of UNCTAD's survey of major global multinationals show that China has become the second most popular investment destination in the world after the US.

The Chinese government has been committed to speeding up reform and creating a better business environment, pushing forward decentralization and decentralization, relaxing market access, eliminating obstacles to investment and development of various enterprises, reducing taxes and reducing fees, reducing institutional spanaction costs and burdens on enterprises, and reducing the tax burden by 2 trillion yuan in the previous few years to reduce the burden of enterprises by 1 trillion yuan this year.

"China is in the path of spanformation and upgrading, and the dividend reform has not been completely released, which is the biggest attraction for foreign businessmen." Yang Ying, chairman of China Service Department of DDT accounting office, said.

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