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Economic Slowdown, Confidence Can Not "Brake".

2015/3/7 14:57:00 9

Economic IndicatorsSteady GrowthMarket Quotation

On the 5 day, Premier Li Keqiang made the government work report that the target of GDP growth is set at about 7% this year.

In addition, 7.4% of our country in 2014.

Economic growth

It has hit a new low in 24 years.

Seeing such economic data, many people can not help asking: is China's "winter" coming? How do we see the current economic situation?

Correspondents believe that to objectively and comprehensively analyze the current economic situation, we must adhere to the "dichotomy": we must not only see the current downward pressure on China's larger economy, but also the government and the community can not take it lightly; at the same time, we must also see the real economic situation behind the figures, and we can not just see the downward trend in economic data.

For example, in 2014, China's total economic volume has historically broken through the $10 trillion mark, becoming the only two economies in the world with a scale of over 10 trillion US dollars.

Although the economic growth rate of 7.4% has reached a new low of 24 years in China, the growth rate of 7.4% of the world's largest economies is still the highest in 2014, resulting in an economic increment of 800 billion US dollars, which is equivalent to the reestablishment of a medium-sized economy.

On such a huge base, if the growth rate is about 7% in 2015, the absolute amount of economic growth will not only exceed the fastest growth year of the previous GDP, but also the sum of the past years' increments.

According to authoritative figures, the economic growth generated by the growth rate of around 7% is enough to support the development of various undertakings in China.

Again, according to the prevailing economic law, if the economic downturn is relatively fast, it may lead to an increase in employment pressure.

But in 2014, 13 million 220 thousand new jobs were created in cities and towns, up from last year.

This shows that the elasticity coefficient between economic growth and employment has changed, that is, the percentage of employed population increased by one percentage point per year, which is one of the gratifying changes brought about by economic structural adjustment and optimization.

Some positive

Economic signals

It can not be ignored either.

Although the government has eliminated backward production capacity in 15 key industries, such as steel and cement, investment opportunities and profits in some industries have been decreasing, and business life has been tough. But at the same time, some new growth points are emerging.

Mobile Internet, integrated circuits, high-end equipment manufacturing, new energy vehicles and other strategic emerging industries are in the ascendant. Internet finance has sprung up. New formats such as e-commerce, logistics and express have grown rapidly. Many "Chuang" customers have come to the fore, and cultural and creative industries are booming.

Therefore, we should not be too pessimistic about the current economic situation.

Economic reform and pformation and upgrading are bringing about pains and "running in" while new economic growth points and

Emerging industries

New investment and employment opportunities are emerging.

We believe that China's economy is experiencing "Phoenix Nirvana".

Economic slowdown, our confidence must not step on the brakes.


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