久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Dual circulation to spur opening-up

By JIANG XUEQING | China Daily | Updated: 2020-09-30 07:16
Share
Share - WeChat
An employee oversees movement of aluminum rolls at a plant in Huaibei, Anhui province. [Photo/Xinhua]

Financial, industrial, technology and science sectors to see more investment

China's new economic development pattern of "dual circulation" relies on domestic circulation to drive its international circulation and promotes deeper and wider opening-up, experts said on Tuesday.

During the process of pushing forward domestic circulation, the world's second-largest economy can further improve the level of opening-up of its science and technology, financial and industrial sectors, said Qiu Baoxing, counselor of the State Council and former vice-minister of housing and urban-rural development.

The State Council, China's Cabinet, recently unveiled plans for three new pilot free trade zones in Beijing, Hunan province and Anhui province. Qiu said this is a crucial component of the strategy to drive international circulation with domestic circulation.

"Domestic and international circulation is mutually reinforcing each other," he said. "By promoting domestic circulation, we will keep the opening-up of China's primary, secondary and tertiary sectors at the same level, maintain the equilibrium of opening-up in coastal and inland regions by allowing a freer flow of the factors of production, and use the impact and good business environment of cities to propel the opening-up of rural areas."

Facing a global slowdown in economic growth, the biggest contribution that China can make to the world is to maintain a stable and faster growth than other countries, said Lin Yifu, another counselor of the State Council and honorary dean of the National School of Development at Peking University.

Global economic growth is slowing down and so will China's growth. But compared with other countries, China is still the one that maintains fastest growth in the world, said Lin. In his opinion, China will maintain its annual rate of contribution to global economic growth at around 30 percent or even higher.

"Promoting domestic and international circulation means providing a larger market to the other countries amid China's market expansion ...During the process of development, China needs natural resources and technologies abroad. This will become an important growth driver for other countries," he said.

"Amid the rising tide of protectionism and unilateralism, China can promote awareness among other countries of the benefits of globalization, as long as it maintains relatively fast growth and keeps opening up the economy."

Due to the growth in income, China saw an increased contribution of the services sector to its GDP. As a result, the contribution of China's exports to GDP dropped from 35.4 percent in 2006 to 17.4 percent in 2019, and the number will keep falling gradually. Although there are short-term reasons behind the new development pattern of "dual circulation" advocated by China's top leadership, a more important reason actually lies in the trend of Chinese economic development, Lin said.

To realize domestic circulation, the fundamental measure is to continuously deepen reforms so that consumption will become the most important driver of China's economic growth, said Yao Jingyuan, a research fellow of the Counselor's Office of the State Council.

Yao said he hopes that the final consumption expenditure will contribute to more than 70 percent of China's GDP growth by 2035, rising from 57.8 percent last year.

"The key to increase consumption is to improve residents' income by making the pie bigger through our pursuit of innovation-driven high-quality development. As we cannot increase the size of the pie in a day, China should increase the proportion of urban and rural residents' income to the primary distribution of income," he said.

In addition, he advised the government to further increase the efficiency of market-based resource allocation and deepen reforms that will improve the overall quality of economic growth.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 久久最新免费视频 | 男女一级爽爽快视频 | 成年人在线视频网站 | 国产精品久久久久久久免费 | 理伦毛片 | 真实国产乱子伦高清 | 亚洲高清国产品国语在线观看 | 毛色毛片| 国产欧美精品一区二区 | 国产男女乱淫真视频全程播放 | 欧美一级欧美三级在线 | 97se狠狠狠狠狠亚洲综合网 | 亚洲精品久久久久久久777 | 二区三区在线 | 精品在线免费视频 | 久久精品国产免费一区 | 欧美一区二区三区激情视频 | 国产精品高清免费网站 | 免费人成在线观看播放国产 | 日本a级特黄三级三级三级 日本a一级片 | 91porny九色国产首页在线 | 日本护士一级毛片在线播放 | 狠狠色综合久久婷婷 | 免费看成人播放毛片 | 手机看a| 国产精品亚洲精品一区二区三区 | 亚洲在线看 | 特黄a三级三级三级 | 国产色爽女小说免费看 | 神马我我不卡伦影视 | 国产欧美日韩在线一区二区不卡 | 国产一区二区不卡 | 成人亚洲视频在线观看 | 午夜大片免费男女爽爽影院久久 | 亚洲欧美日韩国产精品一区 | 91精品最新国内在线播放 | 久久久91精品国产一区二区 | 免费高清特黄a 大片 | 国产亚洲区| 亚洲小视频在线播放 | 俄罗斯极品美女毛片免费播放 |