What's new for China's new development pattern and why is it crucial?
admin
2023-02-03 17:04:22
0

  This photo taken on Nov. 4, 2022 shows an evening view of the Lujiazui area in east China's Shanghai. (Xinhua/Wang Xiang)

  BEIJING, Feb. 2 (Xinhua) -- The Chinese leadership has made fresh commitments to the strategic decision of accelerating the creation of a new development pattern, highlighting the role of such a pattern in enhancing the security and initiative of development.

  The commitments were put forward at the second group study session of the Political Bureau of the 20th Communist Party of China (CPC) Central Committee on Tuesday afternoon, which elaborated on major measures for the building of the development pattern.

  Here are some key takeaways from the session.

  WHAT'S NEW?

  One issue in focus is coordinating the expansion of domestic demand and the deepening of supply-side structural reform.

  On the demand side, the Chinese leadership urged the formation of a complete domestic demand system at an early date, with efforts made to expand consumption demand supported by income, investment demand with reasonable returns, and financial demand with principal and debt constraints.

  Blockages, sticking points and vulnerabilities in supply-side constraints should be broken through, and the competitiveness and security of the industrial chain and supply chain should be promoted.

  Building up China's strategic scientific and technological strengths should not be neglected in the building of the new development pattern. The Chinese leadership called for better allocation of innovation-related resources to make the country a global pacesetter in major sci-tech areas and a pioneer in advanced interdisciplinary fields.

  To create a favorable environment for all types of business entities, it is also imperative to refine the systems underpinning the market economy, take stronger action against monopolies and unfair competition, and conduct law-based regulation and guidance to promote the healthy development of capital.

  Efforts should also be made to strengthen economic ties between urban and rural areas, promote coordinated development between regions, and build a modern industrial system that is independent, controllable, safe, reliable and highly competitive.

  WHY DOES IT MATTER & HOW TO ACHIEVE IT?

  During Tuesday's group study session, the Chinese leadership put the new development pattern high on the country's policy agenda, calling it a strategic decision to realize the Second Centenary Goal and ensure both development and security, as well as a strategic plan to seize the initiative of future development.

  only by accelerating the establishment of a new pattern of development can China consolidate the foundation of its economy and enhance the security and stability of its development.

  And only by doing so will China be able to better survive, compete, develop and sustain its progress amid all sorts of headwinds on its journey of realizing the great rejuvenation of the Chinese nation and building itself into a great modern socialist country in all respects.

  Acknowledging that there is a long road ahead before the new development pattern is established in an all-round way, the Chinese leadership urged the adoption of a problem-oriented approach and the application of systems thinking in resolving the major problems that constrain the building of such a pattern.

  Efforts should be made to deepen reform, promote practical and institutional innovation, and constantly carry on strengths and make up deficiencies. ■


相关内容

热门资讯

股价走高触发强赎 7月将有两只... 近日,银行正股股价表现强势,多只银行转债触发强制赎回条款。7月1日是杭银转债最后一个交易日,其最后转...
300548,“改名”,股价历... 科技股和顺周期板块再现“跷跷板”走势。今天上午,顺周期板块走强,银行、有色金属、白酒、新能源等板块上...
明阳电路在昆山投资成立集成电路... 人民财讯7月2日电,企查查APP显示,近日,昆山华芯微测集成电路有限公司成立,法定代表人为窦旭才,经...
民生银行“易创E贷”获“202... 在近日举行的第七届数字普惠金融大会上,民生银行“易创E贷”产品凭借在服务科技型中小微企业的创新与实践...
机器人大军逼近,很快,亚马逊的...   炒股就看金麒麟分析师研报,权威,专业,及时,全面,助您挖掘潜力主题机会! 亚马逊正迅速接近仓库...
广东省教育考试院通报:不存在中... 7月2日,广东省教育考试院发布通报称,7月1日下午广东省初中学业水平考试(以下简称“中考”)数学科目...
国际油价承压 中东油企拟放缓全... 财联社7月2日讯(编辑 秦嘉禾)在国际油价下行压力加剧背景下,中东两大国有能源巨头——沙特阿美(Sa...
光伏50ETF、光伏龙头ETF... 光伏设备板块走强,亿晶光电、欧晶科技涨停。银华光伏50ETF、汇添富光伏龙头ETF、浦银安盛光伏龙头...
世界银行发布重磅预测:黄金今年... 错过上半年,别再错过下半年!世界银行继续看好贵金属前景,黄金、白银、铂金或将继续延续强势……世界银行...
洪灝称高分红投资策略应继续有所... 【#洪灝称高分红投资策略应继续有所表现#】中国股市近期一个显著趋势是分红和回购活动显著增加。其中,许...