Why China'S Economy Has Been Better For A Long Time

The twelve session of the four session of the National People's Congress was successfully concluded, and the outline of the 13th Five-Year plan was deliberated and adopted, which represents a grand blueprint for building a well-off society in an all-round way.

In an intricate environment at home and abroad,

The fundamentals of steady progress have not changed. New ideas, new blueprint, new kinetic energy and new economy have spawned new growth points, which has made the world full of confidence in China's long-term economic development.

Since the eighteen Party's Congress, the Party Central Committee with Comrade Xi Jinping as the general secretary has never wavered in upholding and developing socialism with Chinese characteristics, bravely practicing and innovating, deepening the understanding of the rule of the Communist Party, the law of socialist construction and the law of human social development, forming a series of new ideas and new strategies of governing the country, providing scientific theoretical guidance and action guide for deepening reform and opening up and accelerating socialist modernization under the new historical conditions.

First, innovation and development provide new economic momentum.

The new economy with the new generation of information technology as the main body and high and new technology enterprises as the leader will rely on innovation driven to speed up the pformation of traditional kinetic energy and the growth of new kinetic energy, which is of great significance to the sustained growth of China's economy.

Scientific and technological innovation accurately positioned the direction of future economic development, making China's economic pformation more clear and orderly.

Technological innovation has made the industry upgrade from the low value-added to the "smile curve", effectively improving the quality and efficiency of China's economy.

Since the eighteen, based on "mass entrepreneurship, innovation,"

A large number of small and medium enterprises such as genetic engineering, UAV, metamaterials and other industries have grown up in the international market. "China made 2025" and so on.

According to the statistics of National Bureau of statistics, from 2013 to 2015, China's high-tech industry added value increased by 11.4% annually, the total revenue and profit of main business increased by 9.9% and 14.4% respectively, and the growth rate of three was higher than that of all scale industries.

Two, the structural reform of supply side will accelerate the pformation and upgrading of the economy.

The goal of supply side structural reform is to optimize the structure, improve the quality, reduce costs and speed up convergence. The core of the structural reform is to do a "plus" and a "subtraction" work.

"Addition" is to give play to the innovative role of management, system and technology, and create new engines while pforming traditional engines.

On the one hand, the traditional industries are more advanced and more complicated.

More reasonable direction change, breaking through the constraints and bottlenecks of development.

On the other hand, we should cultivate new industries, produce new products, innovate new formats, and make effective supply more powerful.

"Subtraction" means capacity, inventory, leverage, cost reduction and compensation.

Through the capacity to achieve the re allocation of resources; through inventory, reduce the pressure of economic development; through deleveraging, reduce the risk of economic growth; reduce costs, stimulate the vitality of the economy again; through the short board to improve the efficiency of economic supply.

Three, decentralization has greatly stimulated market vitality.

Decentralization is the key to changing the functions of the government, as well as the key to the allocation of resources by the market.

By cutting off a number of administrative examination and approval matters, the market system, industry standards and technical standards are handed over to enterprises, handed over to producers, handed over to consumers, expanded the boundaries of market innovation, solved the shackles of industrial development, and stimulated the demand of mass consumption.

By building a fair competitive market environment, removing those things that are not tied up by the government and restricting the development of productive forces, we can expand the diligence and wisdom space of millions of people and liberate the people's greater creativity.

According to statistics, at present, nearly 30 thousand market players are born every day in China. Decentralization has greatly stimulated people's entrepreneurial enthusiasm and greatly stimulated the vitality of the market.

The "13th Five-Year" period is the key period for building a well-off society in an all-round way. Our confidence in the long-term good economic development of China is not without any basis. As long as we persist in reform and opening up, we should run through the five major development concepts of innovation, coordination, green, openness and sharing throughout the whole process of economic and social development, do well in the structural reform of the supply side, reform the vitality of the reform, and drive innovation, so that China's economy can continue to write new brilliance.