Zhao Hui, former chief economist of the Ministry of Housing and Urban-Rural Development. Photography by Liu Xinran
People's Daily Beijing, December 28 (Xu Weina) On December 28, the "2020 People's Finance Summit Forum" hosted by the People's Daily was held at the New Media Building of the People's Daily. At the forum, Zhao Hui, former chief economist of the Ministry of Housing and Urban-Rural Development, delivered a keynote speech on the topic of "New Opportunities for China's Development". He believes that the current progressive replacement of the age group of China's population will bring two major opportunities, namely, the business opportunities brought about by the gradual retirement of the "post-60s" and the development opportunities brought by the "post-90s" on the historical stage.
Zhao Hui said that the "post-60s" is the iconic generation of China's reform and opening up, symbolizing the first wave of China's great development, "this generation is deeply influenced by reform and opening up, the first wave of the resumption of the college entrance examination, early into the leadership and backbone, good economic conditions." ”
Zhao Hui said that according to relevant survey estimates, the retirement of up to 240 million "post-60s" people will bring considerable business opportunities to many industries, "for example, they plan to travel 6.3 times a year, while only 3.5 retirees have retired; in addition, the number of 'post-60s' orders for takeaways is 4 times that of retired, and 57% of the '60s' plan to buy commercial insurance." ”
Zhao Hui also believes that China's goal of achieving a modern power will be completed when the "post-90s" retire, and the rise of the "post-90s" will bring another wave of China's development. He pointed out that the "post-90s" were born in the "post-60s" family, and their living conditions were better and their family education was better. The real and comprehensive popularization of compulsory education in China also began with the "post-90s", and the quality of the population has been greatly improved, open-minded and calm. At the same time, the "post-90s" also have obvious differences in consumer awareness and life attitudes.
"These two opportunities will become more and more obvious, and the social changes will be greater and greater." Zhao Hui said that the development of the new stage should seize these two major opportunities, not only to pay more attention to the development of tourism, aging fitness, aging insurance, pension and other industries, but also to more vigorously promote reform and opening up, scientific and technological innovation, mass entrepreneurship and cultural and fashion industries, to expand the development space for young people, while social governance should also be from the regulatory thinking of the era of material shortage to the thinking mode of trust, openness and convenience.