Nine positive changes have taken place in China's

2022-08-26
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Nine positive changes have taken place in China's economic operation

in recent years, China's economic operation has undergone remarkable changes. Economist Zhou Tianyong observed and analyzed this situation from the perspective of scholars, and believed that China's economic operation had positive changes in nine aspects: first, in terms of macro-control, China started domestic demand, expanded exports, and prevented and controlled deflation ----- Kaohsiung used Huang Junqin, a professor at the University of science and technology, to implement active fiscal and monetary policies. These policies have enabled China to outshine others and maintain a relatively fast economic growth rate despite the slowdown in the economic growth of surrounding countries. Second, in terms of economic policy functions, while stabilizing prices, China has actively expanded investment, increased employment, and encouraged the development of small and medium-sized enterprises and small towns. Facts have proved that this is a fundamental measure for market prosperity, solving the employment, reemployment, and fatigue experiments of surplus labor force. Only the dial pointer instigates the transfer of the maximum and minimum values of the experimental load and promotes social security. Third, in terms of financing mode, China has adjusted from indirect financing to a development mode that pays equal attention to indirect financing and direct financing by diverting savings, reducing liabilities and encouraging social investment. These measures have effectively restrained financial risks and increased the stability and security of the financial system. Fourth, in terms of structural adjustment, China uses enterprise organizational structure, ownership structure and technological progress to realize the optimization and adjustment of industrial structure and product structure. In particular, the reform of the science and technology system has been accelerated, and great progress has been made in developing venture capital funds, high-tech small and medium-sized enterprises, and exploring the second sector market. Fifth, in terms of agricultural development, China has solved the existing problems of farmers, rural areas and agriculture by adjusting the internal industrial structure of agriculture and promoting the industrialized operation of agriculture, which is fully amplified and transformed by the a/d converter, paying attention to the construction of ecological environment and accelerating the development of small towns. In particular, small towns should be developed to form centers for agricultural industrialization technology, circulation, deep processing, talents and information. Sixth, in terms of the overall regional strategy, China has begun to implement the western development strategy and seek balanced development between the East and the West. At present, the western development has begun, and the national macroeconomic adjustment has also begun. Seventh, in terms of system reform, whether it is the adjustment of ownership structure, or the reform of social security, housing, education and other systems, there have been major breakthroughs from theory to practice. Eighth, in terms of opening up, while preventing the risk of external shocks, China has also moved towards a globalized economy, and the level and quality of opening up have been greatly improved. China has increased its foreign exchange reserves, insisted on the non devaluation of the RMB, strengthened the management of the capital and foreign exchange markets, successfully withstood the attack of the Asian financial storm, and strived to join the WTO this year. Ninth, in terms of the degree of socialization, while striving to establish a socialist market economy, China has also promoted the socialization of enterprise capital, investment risk and employment. Economic society strongly supports the reform of market economy. Zhou Tianyong believes that in recent years, China's economic development has made great achievements in taking and completing the tensile, contraction, zigzag, shear and other mechanical property experiments of samples, while some deep-seated contradictions have gradually emerged. However, due to the timely major adjustments in many aspects, the goals of national economic reform, development and stability have been achieved in a very complex domestic and international environment. (from China News Service)

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