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China Will Play A Key Role In The Global Economic Structure.

2016/1/1 15:52:00 52

ChinaGlobal EconomyMarket Quotation

Overseas media said that while China is increasingly active in the international arena, its domestic politics and economy will also affect its overseas strategy and consideration to some extent.

The world is asking how the world's second largest economies will fulfill their commitment to reform and opening up.

According to the Broadcasting British Corporation website reported on December 30, 2015, in 2015, Chinese officials no longer avoided the challenges brought by economic slowdown.

According to the report, economic restructuring is needed in the coming year.

Decision maker

Top priority.

In December 21st, the central economic work conference put forward five major tasks of China's economic work in 2016: reducing industrial capacity, eliminating inventory, reducing leverage, reducing enterprise costs and improving weak links.

In recent weeks, Chinese leaders have stressed the importance of reducing government intervention in the economy, while emphasizing the need to use policies to stimulate growth when the economy continues to go down.

The report said that such a saw may not be surprising.

China, once regarded as the engine of global economic growth, is now regarded as a risk factor in the international market.

China stimulus

economic growth

The policy implications will be far more than domestic.

Optimists point out that due to the magic of comprehensive growth, the economic growth in the next 5 years will be 5.6%, equivalent to an increase of 8.6% over the past 5 years and an increase of 11% over the past ten years.

They also pointed out that China's economic growth began to reduce its reliance on the mining industry and increased its dependence on the catering industry, which provided evidence for the long-awaited pition from manufacturing and heavy industries to services and consumption.

It is human instinct to worry about potential problems, but if President Xi Jinping's reform plan can solve the problem of excess capacity, increase productivity and achieve innovation driven expansion, economic growth will surely rise again.

The international situation is likely to pick up. Economists expect exports to recover in 2016.

It is said that risk is risk and there is no doubt that China will be in 2016.

global economy

The pattern plays a key role.

The report said that China's leaders must make real reforms, including first making up their minds to bankrupt the deficit companies in overcapacity industries.

Next, we should split up the bloated state-owned enterprises, break their monopoly position in many major industries, and then find out the real size of the bad loans in the state-owned banking system.

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This year's "double 11" has become the key point to detonate the annual "sea fishing".

Alibaba data show that more than 30 million of consumers buy international brand goods, and 10 overseas businesses and brands have a turnover of tens of millions.

Imported maternal and infant products, imported milk and imported beauty make a new record.

The shock wave of consumption has even shocked foreign business tycoons.

Amazon extended the "black Friday" time from the past 2 days to 18 days, and eBay joined the promotion of "double 11".

Since the beginning of this year, the policy of promoting cross-border electricity providers has been "red envelopes".

The general office of the State Council issued the guiding opinions on promoting the healthy and rapid development of cross-border e-commerce, and the construction of China (Hangzhou) cross border e-commerce comprehensive pilot area has been steadily advancing.

The Ministry of Commerce predicts that in 2016, China's cross-border e-commerce import and export volume will reach 6 trillion and 500 billion yuan.

[future] the central economic work conference proposes to speed up the negotiation of FTA and investment agreement.

The strategy of "one belt and one road" is also steadily advancing. With the introduction of new initiatives to promote cross-border electricity development jointly launched by ministries and commissions, we believe that the scope of "Hai Tao" will be greater in the future and overseas purchase will be more convenient and fast.


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