Zhang Liqun: The great changes that have not occurred in a hundred years are both challenges and opportunities

Source: China Economic Network

【Big country small fresh @ new development concept】

China Economic Network Jinan, May 28 (Reporter Nian Wei Deng Hao) "Facing the future, China's economy wants to form a good development trend, it needs to smooth the domestic cycle and achieve a dynamic balance between supply and demand. On the morning of the 27th, Zhang Liqun, deputy secretary general of the Academic Committee of the Development Research Center of the State Council and researcher of the Macroeconomic Research Department, made a keynote speech entitled "Accelerating the Construction of a New Development Pattern and Comprehensively Opening the Magnificent Chapter of the Second Hundred Years" after participating in the launching ceremony of the "Big Country Small Fresh @ New Development Concept" network theme publicity activity, and he expressed the above views in his speech. Zhang Liqun believes that standing at the historical intersection of the "two hundred years", we must firmly establish a new development concept of innovation, coordination, green, openness and sharing.

The "Big Country Small Fresh @ New Development Concept" network theme publicity activity was launched in Jinan, Shandong on the 27th. The picture shows Zhang Liqun, a researcher at the Macroeconomic Research Department of the Development Research Center of the State Council, giving a keynote speech. China Economic Network reporter Yu Hezhang/Photo

Zhang Liqun said that today's world is experiencing major changes unprecedented in a century, from a domestic point of view, although China's economy has moved towards a stage of high-quality development, there are still some problems and difficulties; from an international point of view, after the financial crisis, especially in the past decade, the global economy continued to slump and international trade contracted.

"The epidemic is a stress test for our economy." Zhang Liqun said when talking about the impact of the epidemic on China's economic development. He believes that although the impact of the epidemic on China's social production is more obvious, the epidemic prevention and control has achieved remarkable results, and the economy has shown strong development resilience and growth ability.

Zhang Liqun said that China's economy still has high growth. Specifically manifested in the following aspects: First, China has a strong material and technological foundation, a complete industrial system, a strong production and supply capacity, and a super-large domestic market. Secondly, China has a relatively adequate supply guarantee of factors, such as the working-age population. Although the working-age population is decreasing, the stock is huge and the labor resources are still abundant. Moreover, China has the supply capacity of applied technology. After decades of reform and opening up, the introduction, absorption and re-innovation, China's research and development capabilities of applied technologies have been built. In addition, resilience and growth capacity are also benefiting from the enormous energy of the new national system we are building.

Zhang Liqun also elaborated on his expectations for the future development of China's economy from both domestic and international aspects. In order for China's economy to form a good development trend, it is necessary to smooth the domestic cycle and achieve a dynamic balance between supply and demand. It is necessary to fully activate the microscopic cells of China's economy, comprehensively enhance production and consumption capacity, constantly reform the relationship between enterprises and banks and debts, give play to the favorable conditions of China's economy, and form a sustainable and rapid development trend.

China's economy and the world economy are closely linked, and this close connection is mutually beneficial economic cooperation, which plays an indispensable and important role in the stability of the global supply chain. If China's economy resumes strong growth, it will become an important engine for the world economy to recover in the midst of difficulties.

"The greatest change in a century is a challenge and a major opportunity. Based on the new development stage, implementing the new development concept, and building a new development pattern, it is necessary to continue to form a synergy and achieve practical results in expanding domestic demand, and promote the sustained improvement of the economy through the continuous recovery of the domestic market to achieve a good start in the second century. Zhang Liqun said.