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China's industrial economic growth will continue to face pressure of traditional growth weakens

by:Ragos     2021-06-16
China's industrial economic growth dynamic mechanism are positive changes. On the demand level, mainly reflect on the past investment drive to the three requirements synergy drive; On the supply level, mainly embodied in element expansion drive to total factor productivity drive; From the point of industry, mainly embodied as traditional industries are driven to high technology industry. Outlook in the second half of the industrial economic operation, the original lei said that the second half of the transformation of the industrial economy development is facing four major opportunities: & other; One Belt And One Road & throughout; Create a good environment for industrial development; “ The public business, peoples innovation & throughout; Release new energy industrial economic growth; 'Made in China 2025' drew the outline of the new blueprint for industrial development; The new urbanization strategy of integration of the beijing-tianjin-hebei region, will provide enormous demand space for industrial development. Can overcome the challenge, however, will directly decide the second half of the industrial growth and development of quality. Performance is that the economic growth of China's industry will face a traditional power reduced pressure, which reversed transmission industrial economy to accelerate the shift. On the one hand, the investment-driven growth model is unsustainable. On the other hand, if in cannot achieve & other; Market clearing & throughout; Circumstances, continue to expand the accumulation of capital, it would be a waste, also can't bring economic growth. At the same time, the change of population structure and rural labor force increasingly reduce also determines not by increasing the number of Labour to achieve economic growth. In this case, through the system innovation, the connotation of technological progress to realize the economic growth has become the inevitable choice of the industrial economy. From the industry, although the strategic emerging industry high technology industry to achieve the fast growth, but it is difficult to form the effective support for the whole industry economic growth. The housing downturn and fixed asset investment growth is slowing in raw materials and other traditional industries growth, but the new growth point is unclear, that caused great pressure on industrial economic growth.
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