Nearly，Some Western politicians and media repeatedly badmouth China，Theories such as “theory of China’s bet365 ohio promo code collapse” are rising one after another。Meanwhile，At the practical and theoretical level，These views are constantly being falsified。China is indeed facing a complex bet365 ohio promo code situation，But this does not mean that China’s economy will decline。Starting from bet365 ohio promo code practice，Scientific analysis of the new situation of China’s economy、New Trend，It is an important academic issue，It is also a major practical issue。About the situation and future of China’s economy，Our reporter interviewed Margit Molnar, director of the China bet365 ohio promo code Policy Research Office of the Organization for bet365 ohio promo code Cooperation and Development (OECD)。

　　Actively obtain the dividends of reform

Some Western media believe，Few economies in the world can maintain stable bet365 ohio promo code for a long time，China’s economy is about to “collapse”。For such sounds，Morna said，Need to distinguish between long-term bet365 ohio promo code potential and short-term cyclical fluctuations。Morna has been paying close attention to China’s economic development，She said，To understand China’s recent and future bet365 ohio promo code，One of the key factors is to understand its potential bet365 ohio promo code path。

Morna thinks，Admittedly，It is impossible for any economy to maintain long-term rapid bet365 ohio promo code。Convergence theory believes，Economies with lower incomes grow faster，Catching up with developed economies，But in the process of catching up，The bet365 ohio promo code rate will also slow down and be close to the bet365 ohio promo code rate of developed countries。If managed properly，Population surge、Large-scale infrastructure construction and other investments are likely to promote economic bet365 ohio promo code。But in the long run，Only productivity bet365 ohio promo code driven by innovation can drive economic development。The bet365 ohio promo code of developed economies in the OECD is relatively stable，Also relatively low，Because most economies are facing the problem of population aging，Capital accumulation does not contribute much to bet365 ohio promo code，The main factor determining its bet365 ohio promo code is innovation-driven productivity bet365 ohio promo code。

Morna told reporters，China has passed the period of population surge，And successfully reaped the demographic dividend by creating a large number of job opportunities and improving the skills of the population。In addition，Large-scale infrastructure construction also promotes economic bet365 ohio promo code。Although compared with developed economies，China’s capital stock is still relatively low，But investment may still be an important driver of economic bet365 ohio promo code in the coming years。She added，Investment demand is mainly related to green transformation，But underground infrastructure also needs to be upgraded，And lay more suburban railways。

Molnar analyzed the pressure China is currently facing。She said，More than ten years，China’s working-age population is declining both in absolute terms and as a proportion of the total population，This trend is difficult to curb，Not to mention the reversal。In addition，The impact of population aging is very obvious，This means bet365 ohio promo code is under pressure。In fact，By around 2050-2060，China’s per capita income will converge with OECD advanced economies，The same is true for the bet365 ohio promo code rate，will gradually reach a level similar to that of developed economies。

But，China’s economy is stable and improving、The long-term good fundamentals will not change，Morna said，Despite the pressure，China still has great space and potential in obtaining the dividends of reform。Reform dividend refers to the promotion effect of structural reform on potential economic bet365 ohio promo code，Will improve economic efficiency，Increase bet365 ohio promo code potential，Thus, while per capita income is moving closer to developed economies，Slow down the downward trend caused by aging and economic convergence。By implementing further reforms，China can not only offset the impact of rapid population aging，Can also sustain bet365 ohio promo code for a longer time。In addition，If China can transform continuous innovation into tangible improvements in productivity，Can also continue to grow。

Morna further elaborated on the measures that can be taken，From the perspective of improving corporate vitality，She believes that in the context of high-quality development，Chinese companies need to improve efficiency and promote sustainable development，Increase innovation、Improve corporate governance。Meanwhile，The government also needs to create an environment conducive to innovation and entrepreneurship，Eliminate unviable enterprises，Facilitate resource reconfiguration。Morna suggested，Administrative monopoly can be gradually eliminated，To increase competitive pressure in the service industry。She thinks，Administrative monopoly usually manifests as local protectionism，Exist in market access、Price control、Government procurement, etc.，Significantly harming competition，It is also not conducive to the improvement of bet365 ohio promo code efficiency。Measured by markup rate，Competition in China’s manufacturing industry is fierce，But this is not the case in the service industry。Also，She also suggested strengthening consumer protection，This is also one of the healthy sources of competitive pressure；Improving the efficiency of the use of financial resources can effectively improve overall bet365 ohio promo code benefits；Strengthen social security，Reduce precautionary saving motivation、Promote consumption，In turn increasing the demand for goods and services。

　　bet365 ohio promo code has the conditions to avoid the “middle-income trap”

Some Western media compare China and Japan，Believe that Japan’s continued economic downturn after the 1990s will also happen in China。Morna said，One of the reasons for the slowdown in Japan’s economic bet365 ohio promo code is the aging of the population，So when this phenomenon occurs in China，Some Western media speculate that China’s economy will be like Japan’s in the future，bet365 ohio promo code has been declining。

To this，Morna thinks，It is necessary to point out the key differences in the development stages between the two countries。On the one hand，In the real estate bubble burst、When the economy falls into a downward spiral of low bet365 ohio promo code and deflation，Japan is already a highly developed economy。In comparison，China is an upper middle-income country，There is still a lot of room for development。On the other hand，The real estate boom in the two countries、The scale of bubbles and the degree of bursting are very different，This is largely due to the large differences in the economic systems and institutional environments of the two countries。

There is actual evidence，Countries that have become developed economies before entering the aging process，Compared with the first 10 years after entering the aging population，Economic bet365 ohio promo code slowed slightly，Get old before you get rich、The economic bet365 ohio promo code rate of countries that are still in the catching-up and development stage is still increasing after entering the aging population。When using China’s domestic province and city data for analysis，The result is the same。Provinces and cities that entered the aging society earlier，The economic bet365 ohio promo code rate has not declined either，This is completely opposite to people’s usual impression。

Morna said，Countries at a similar level of development，One of the main concerns is also to avoid falling into the “middle-income trap”。The "middle-income trap" refers to a country or region that enters the middle-income level，Due to unstable economic bet365 ohio promo code、The income gap is too large、The economic transformation cannot be smoothly realized due to insufficient innovation and other reasons，A state that leads to insufficient economic bet365 ohio promo code momentum or even stagnation。Morna said，The window of opportunity is very narrow，Therefore it is even more necessary to make full use。A comparative study was conducted by Molnar et al.，Result display，China is one of the countries best equipped to avoid the “middle-income trap”，Because compared to countries with similar income levels，China’s capital stock is relatively large，The workforce is well educated，And pay more attention to innovation。

　　Improve the conversion rate of bet365 ohio promo code results

Morna said，In the long run，Only productivity bet365 ohio promo code can be effective、Continuously promote economic bet365 ohio promo code，The main driver of productivity bet365 ohio promo code is innovation。China’s innovation achievements are remarkable in many aspects，However，Equally important is their impact on China’s economic bet365 ohio promo code。By improving the utilization and commercialization of innovation results，This can be achieved。

Morna emphasized the importance of innovation，She believes that productivity bet365 ohio promo code driven by innovation can better promote economic development。Innovation is the main driver of productivity bet365 ohio promo code，In China，This is fully recognized。China attaches great importance to and invests in innovation。As of the end of 2023，The number of invention patents owned in China (excluding Hong Kong, Macao and Taiwan) is 401.50,000 items，Year-on-year bet365 ohio promo code of 22.4%，China has become the first country in the world with the number of valid invention patents exceeding 4 million。

A study by Morna showed，China has surpassed the United States in the number of patent applications，Become a world leader。However, it should be noted that，These impressive innovations have not yet translated into strong productivity bet365 ohio promo code。Morna thinks，The reason for the decoupling of intellectual property and productivity may lie in issues of quality and relevance。Although the number of patents has soared，But the number of inventions is insufficient。For example，Only a small number of patents are invention patents，Represents true innovation，Most patents are utility model patents，Is an improvement on existing technology。The degree of commercialization of patents is relatively limited，This is especially true for patents registered by universities or research institutions，This highlights the issue of relevance。Therefore，Morna thinks，Need to improve the patent-related incentive system，Further encourage the use of patents，Instead of just focusing on the registration of patents。

In addition，Morna also mentioned，Digitalization is an effective way to enhance China’s long-term bet365 ohio promo code potential。China has high-quality and extensive digital infrastructure、Top big data expert、A large number of young technical talents with professional knowledge background、Increasingly improving digital related systems，All provide a sufficient foundation for China’s digital transformation。Specifically in the business field，Morna said，China has always been a leader in business digitalization，E-commerce is booming，This kind of demand-driven innovation can significantly increase productivity and drive economic bet365 ohio promo code。