Offline Discussion: Zhang Jie: Where does the New Driver for Chinese Economy Come From?

Release time:2016-12-07Author: Offline Discussion

Where does the new driver for Chinese economy come from? If there is no solid industrial support based on the manufacturing industry, and the production efficiency of the manufacturing industry cannot be continuously improved, the strategic measures of new urbanization and signature town cannot provide new driver for the economy.Analysis on the Mechanism of High-end Industries Promoting the Formation of New Driver for Chinese Economy1. The transformation and upgrading of traditional industries will still be the main source of China's new economic power in the future.2. The continuous expansion and development of high-tech industries and strategic emerging industries will be an important support for the new driving force of Chinese economy.3. The sustainable expansion of equipment manufacturing industry and appropriate import substitution are also the important sources of China's new economic driver.4. The sustainable growth of wages and the scale expansion of the middle-income class caused by the improvement of labor productivity will lead to the strengthening of the mode of domestic demand-driven growth.5. The industries’ high-end development will cause expansion opportunities for producer services industries.