Earlier this year, we heard many different voices on the rivalry between the real economy and the virtual economy. The Central Economic Work Conference highlighted the priority of boosting real economy in supply-side structural reform when deploying the economic work of 2017. At the first executive meeting of the State Council in 2017, Premier Li Keqiang stressed the importance of correctly understanding the connotation of real economy: “The real economy is a concept relative to the virtual economy, which includes not only manufacturing industry, but actually covers the entire primary, secondary and tertiary industries. Since the real economy is of far-reaching significance for the current transformation of China’s development, why is there less market capital flowing into the real economy?
