Strong growth momentum will enable the economy to take a new step
【2020-01-06】
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China's gross domestic product (GDP) is expected to approach rmb100tn in 2019 and reach $10,000 per capita, according to the latest data.
Experts believe that against the backdrop of slowing growth of the world economy and international trade and considerable downward pressure on the domestic economy, China's GDP has reached a new level, which shows that the Chinese economy is resilient and has sufficient momentum. This will lay a solid foundation for achieving the "double doubling" goal by 2020. In the long run, thanks to the two core drivers of technological progress and improved production efficiency, China's economy enjoys sound momentum and huge development potential.
Gold content increases growth to have weight more
"China's GDP approaching 100 trillion yuan is significant." Associate professor of Peking University guanghua school of management, said in an interview with China securities journal reporter color, for our country, is decisive in 2019 to build a well-off society in an all-round way, implement "much starker choices-and graver consequences-in planning" the key for a year, nearly 100 trillion yuan of GDP is not only to hand over a satisfied answer, for 2020, realize the goal of "two double" lay a solid foundation. Meanwhile, as the world's second largest economy, China's GDP of nearly 100 trillion yuan indicates that China's weight in the world is heavier.
Against the backdrop of slowing growth of the world economy and international trade and considerable downward pressure on the domestic economy, China's economy has maintained steady growth, with its GDP approaching 100 trillion yuan and reaching a new level.
Color said that under the background of a large base of economic volume and slowing economic growth, this achievement indicates that the economic growth rate of 6% to 6.5% is of high "gold content".
Yang zhiyong, a researcher at the institute of financial strategy at the Chinese academy of social sciences, said economic development requires a certain GDP growth rate, but growth is not the only measure of economic development. At present, China's economic growth has entered a transition period. Under the pressure of "growth rate", GDP is approaching 100 trillion yuan, indicating that the quality of China's economic growth has improved. Source: China securities journal
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