Gao Liankui: The Three Major Keynote Of China'S Economy In 2014

< p > < strong > "steady progress" is still the main keynote < /strong > < /p >.

< p > "stability" is to maintain the stability and continuity of the macro < a href= "//www.sjfzxm.com/" > policy < /a >.

In terms of finance, we should not expand the deficit and reduce administrative expenditure. We must maintain the monetary policy's strength and not relax the money supply because of the economic downturn. We should not tighten liquidity because of the rebound in recovery, fully revitalize the stock and make good use of increments to support the development of the real economy.

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< p > from policy point of view, we must continue to adhere to the train of thought that "macroeconomic policies must be stable, micro policies should be kept alive, and social policies should be underpinning". The most important thing is to "let go of microcosmic", that is, constantly promoting reform and innovation, stimulating market vitality, and releasing the potential of domestic demand, so as to form a real growth endogenous force.

"In order to enable China to embark on the road of market-oriented deep economic reform, it will provide a powerful impetus to solve the difficulties of economic pformation."

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< p > at the same time, "social policy underpinning" directly refers to the protection of people's livelihood.

China takes precautions against and remedies market failures as a guide for people's livelihood by taking the basic principles of protection, the bottom line, the promotion of fairness and sustainability.

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< p > < strong > < a > href= > //www.sjfzxm.com/ > > economy > /a > reform is still the top priority: < /strong > /p >

The reform blueprint launched in the third Plenary Session of the 18th CPC Central Committee, P, will increase the decisive role of market allocation of resources and promote the supply capability in the medium and long term. 2014 will certainly be a year of reform, and reform is a process of eliminating turbulence and clearing up the Qing Dynasty.

Short term demand for domestic demand is not necessarily positive, but structural improvement is the biggest concern.

We should promote innovation and development through reform, strengthen the endogenous driving force of the pformation of the mode of economic development, and strengthen the construction of the basic public service system so as to enable the broad masses to share the fruits of reform and development.

The NDRC will further abolish and delegate the examination and approval matters. The government will no longer approve any economic activities that the market can regulate. Every business investment project, except for national security and ecological safety, involves projects such as major productivity layout, strategic resource development and major public interest, and so on. All enterprises must make independent decisions and the government will no longer approve.

Allow more state-owned economy and other ownership economy to develop into a mixed ownership economy; the mixed ownership economy is the direct combination, cross shareholding and integration development of different forms of ownership.

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< p > < strong > < a > href= > //www.sjfzxm.com/ > > foreign trade < /a > the situation tends to be optimistic > /strong > /p >

Since P 2013, the economic situation at home and abroad has been complicated. The growth rate of import and export in the first half of this year fluctuated greatly.

The Chinese government promptly issued policies and measures to promote steady growth and structural adjustment of imports and exports, boosting enterprise confidence and promoting stable growth of foreign trade and improving quality and efficiency.

In the fourth quarter of 2013, import and export will maintain a steady growth trend, and China's exports will account for a small increase in Global trade share throughout the year.

The domestic and international environment for China's foreign trade development in 2014 may be slightly better than that in 2013.

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< p > over the past 5 years, 43% of China's export growth has come from emerging economies and developing countries. The cooling of market demand is bound to affect the export of Chinese enterprises. At the same time, ASEAN and other developing countries have gradually increased their competitive advantage in labor-intensive products export and are squeezing the market share of Chinese products.

But China's new energy, emerging information technology and other strategic emerging industries export growth is relatively fast, and will achieve stable growth in 2014.

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The quantitative easing policy of developed economies such as the United States and Britain has led to the influx of "hot money", which exacerbated the tendency of China's over expansion of the economy and made some assets bubble in P.

The Fed's gradual easing of quantitative easing is seen as a sign that the US economy is on the right track and will accelerate the full recovery.

If this is indeed the case, under the current US dollar dominated international monetary system, the US over the past few years, the currencies that have been chasing money in emerging economies will withdraw from China and other countries, resulting in tight financial resources in these countries.

The withdrawal of QE from the US can also affect China through trade and capital flows.

The most vulnerable economies are those with current account deficits and serious dependence on foreign capital inflows to support domestic economic growth. Many of these economies are China's trading partners, which will have an indirect impact on China's economy.

To this end, China must make preparations for its response.

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