This Central Economic Work Conference Used This Term With Great Meaning.

The central economic work conference pointed out:

"We must be good at breaking through the institutional obstacles to development through reform, activating dormant development potential, and enabling all kinds of market players to fight hard in the frontline of technological innovation and competition in domestic and international markets."

The term "dormancy" shows vividly and vividly the potential new dynamics of China's economic operation, which will continue to be an important driving force for the steady growth of the economy.

At present, China's economic structural, institutional and cyclical issues are intertwined, and the "three phase superposition" will continue to deepen. We want to ease the plight of the resulting downward pressure on the economy. We need to further push forward the structural reform of supply side. To solve the problem of imbalance between supply and demand and develop quality change, we should improve the efficiency of resource allocation through dynamic reform measures such as reducing taxes and lowering fees and increasing market orientation.

In the process of deepening the structural reform of supply side, Huge human capital and talent resources It is an important asset in China's economic development. Its outstanding performance is that besides having a large industry, brave, good at learning and strict discipline, it also has a human resource team composed of three aspects: entrepreneurs, government officials and scientific and technological personnel.

At the same time, Large scale market advantage and domestic demand potential It is China's huge advantage in the global economic game, which is a new resource and means for China to participate in global competition. Under the tide of counter globalization in developed countries, we can shift from utilizing western market to making full use of our own market, developing independent brand and independent technology relying on our own market, so as to develop innovative economy.

As an important part of China's traditional textile industry, cotton spinning industry has been making continuous efforts in personnel training, technological innovation, intelligent manufacturing and brand cultivation in recent years, continuously improving the added value of products, enhancing brand influence, and boosting China's textile industry to a high quality development path.