At the beginning of the New Year, new challenges and new opportunities have come flooding in. How will the Chinese economy develop in 2020? What are the fields in which new breakthroughs are likely to be made, and what new forms of business and trends will emerge in Chinese and global economy? To this end, Nan Fang Daily · Nan Fang Economic Think Tank interviewed Liu Shijin, Deputy Director of Subcommittee of Economy and Vice Chairman of China Development Research Foundation, Liu Yuanchun, Vice President of Renmin University of China, Liu Zhibiao, Dean of Yangtze IDEI and other well-known economists will give you a vision into China's economy in 2020. The main contents are as follows:
The topic of China's economic growth has recently aroused widespread concern and discussion. Liu Shijin pointed out that China had the world's largest economic growth potential and the most important development opportunity.
There are many potential new kinetic energy in China's economic operation. How to activate these potential? Liu Zhibiao believes that the marketization of factors is the focus of China's future reform. The vitality of future economy lies in the constant marketization of the factor market. At present, the total economic volume of the three world-class coastal urban agglomerations in China, which are Guangdong-Hong Kong-Macao, Beijing-Tianjin-Hebei and Yangtze River Delta, has accounted for more than 40% of the total economic volume of the country, and this proportion will be further increased in the future.
As for income and consumption, Liu Zhibiao said that as for China's economy in 2020, he would pay more attention to consumption. On the one hand, he would pay attention to the improvement of income distribution, and on the other hand, he would pay attention to whether the purchasing power of people will be enhanced with the upgrading of consumption. He said that there are many factors affecting consumption growth: total income, the mode of income distribution, the conditions of consumption, the quality of supply, etc. On the whole, we should improve the per capita income by improving the production efficiency, and the improvement of productivity comes from the improvement of technological level, the enthusiasm of workers, the improvement of management level and so on.
