Explore the successful password of China's economic development
August 14, 2023 09:58 Source: "China Social Sciences", August 14, 2023, Issue 2712 Author: Ren Guanhong

 

  

Since this year,Under the strong leadership of the Party Central Committee with Comrade Xi Jinping as the core,my country's national economy continues to recover、The overall rising backward is good,High -quality development solidly advance,Industry upgrade thick accumulation,Effective protection of food energy,Maintain stability in the overall social situation,Lile a good foundation for achieving the goal of economic and social development throughout the year。High -quality development of China's economy,Not only determines the development level of China's economy and society,It is also the biggest engine to promote the growth of world economic growth,Therefore, it has always been a hot issue that the international academic community is concerned。Recent,Through the development ideas and development models around the Chinese economy,This reporter interviewed the Japanese Ministry of Finance and China, Japan -China Financial Cooperation Consultant、Professor of Emperor Emperor of Japan。

  Adhere to the development ideas of seeking truth from facts, rigorous and prudent development

Lukouyangjie has conducted long -term tracking and comparative research on the economic policy of China and Japan。In an interview with our reporter,He takes Japan as an example,In the mid -1980s,Japan is forced by the United States' heavy pressure,Open Capital Account Transaction。But at that time, the domestic financial market in Japan was not mature enough,Various interest rates are still led by the government, Financial institutions have not yet adapted to the free flow of capital。So,Open capital account is too early for Japan at that time,This is also an important reason that caused Japan to fall into the foam economy from the second half of the 1980s。

Deluta Oceani thinks,The reason why China can avoid the detours that Japan had taken in economic development,and achieved stable high -speed growth,To a large extent, after the Chinese government swept the world in the 2008 financial crisis,Regarding whether to lift the regulation of the country's economy,Show a quite cautious attitude。Where,Policies adopted by China in terms of relief of capital account transaction control,is a good example。In his opinion,China's goal is to improve the proportion of RMB settlement Bet365 app download in China's cross -border transactions,but on the one hand,China is not eager to make RMB a major international currency in global transactions。On the other hand,The Chinese government has opened "Shanghai -Hong Kong Stock Connect" and "Bond" between the Mainland and Hong Kong,Foreign investors can invest in Chinese stocks and bonds through these channels,At the same time, these transactions must be settled in RMB。From this,The use of RMB's cross -border transactions in China has increased from less than 1%in 2009 to 47.4%in 2021。Take this as an example,Delutomi Merrology thinks,Adapt for time、Attitude and thinking of truth -seeking,It is an important internal driving force for China to achieve high -speed stable economic development。

Exploring the development path that conforms to its own national conditions

Current,The economic theory occupying the mainstream in Western countries is neoclassical economics。Promotes of neoclassical economics believe,The functions of public policies such as monetary policy and fiscal policy are not important,What they values ​​the free market mechanism,Emphasizing the results obtained from the free market are always the best and most effective,Even if this will cause the economy to fluctuate frequently。So,Some Western scholars have proposed,​​The Chinese government has too much economic control,Not conducive to the optimization and efficiency improvement of China's economy,will cause China's economic growth to decline。For this,Lukouyangosuke proposed a tit -for -tat view。He thinks,The development of any country cannot move a hard set of economic theory and policy measures。So far,When the Chinese government formulates and launch all economic policies,Never separated from its own specific national conditions。Prove to the facts,This is the key to China that can achieve greater success than other countries。For this,Lukouyangke was proposed in a meeting in 2017,If China has span the middle income trap under the existing system and becomes a developed country,Then the world will appear a "Chinese model"。

In an interview with our reporter,Lukoushuke's observation of China's economic policy in recent years,In 2020, China officially proposed to build a large domestic cycle as the main body、New development pattern of mutual promotion of domestic and international dual cycles,This is a strategy for future China's economic development、The major adjustment and improvement of the path,It means that China attaches bet365 Play online games great importance to domestic needs。At the same time,High -quality innovation and development means high productivity。The former takes the demand side as the goal,The latter takes supply -side reform as the goal。Supply -side reform is extremely important,Because in terms of supply,In the future, the number of labor in China will decrease。To maintain a reasonable growth rate,It must increase productivity。When China's manufacturing industry turns to high -quality technical orientation,Industry using cheap labor will be transferred to other developing countries。This will further increase China's productivity,And it is also a major good for other developing countries。Based on this,Delutomi Merrology thinks,This concept of self -benefit and human beings is also one of the important features of the "Chinese model" better than the economic development model of Western countries。

  Different economic development models and development concepts borrow from each other

From the perspective of Luguyosuke,The necessity of China's current improving demand side is,External demand has uncertainty in today's geopolitical situation。When domestic demand, especially when consumption increases,,The current frequent project surplus will decrease or even become deficit。In this case,Capital inflows will be very important for China。Japan is the world's largest net debt country,Can cooperate with China in this field。Japan can invest in Chinese projects with higher return on return,and China can use funds from Japan at a lower cost。

At the same time,China and Japan can also cooperate in the internationalization of the country。Delutomi Merrology thinks,Reduce the use of dollars,Increase the use of RMB and yen,Combining the common interests of both China and Japan。If the convenience of RMB in Tokyo can be improved,The Japanese yen will become a currency that develops directly with the RMB。And if the yen's transaction convenience in Shanghai is improved,The transaction volume of the yen against the RMB will also increase。​​This is here,Trading between China and Japan,Including trade and capital transactions,You can settle more in RMB or yen,instead of the dollar。

Based on the above view,Lukou Oceanosuke proposed to the Japanese Ministry of Finance to establish a market for direct RMB transactions to the Ministry of Finance of Japan。June 2012,Tokyo and Shanghai's inter -bank foreign exchange trading market at the same time launched the RMB -to -yen direct transaction。This cooperation bet365 live casino games is a win -win move in China and Japan。April 2019,China -Japan Trading Open Fund (ETF) officially realizes interoperability。Chinese investors can invest in Japanese stocks through the China -Japan Trading Open Fund products listed on the Shanghai Stock Exchange,Japanese investors can invest in Chinese stocks through the China -Japan trading open -end fund products listed on the Tokyo Stock Exchange。This interconnection mechanism also brings benefits to both parties。

Facing Future,Lukouyang hopes that China and Japan can open channels similar to "Shanghai -Hong Kong Stock Connect" and "Bond Connect"。He believes,China and Japan can completely learn from each other's different economic development models and concepts、Successful model of long -term complement。

Since this year,Under the strong leadership of the Party Central Committee with Comrade Xi Jinping as the core,my country's national economy continues to recover、The overall rising backward is good,High -quality development solidly advance,Industry upgrade thick accumulation,Effective protection of food energy,Maintain stability in the overall social situation,Lile a good foundation for achieving the goal of economic and social development throughout the year。High -quality development of China's economy,Not only determines the development level of China's economy and society,It is also the biggest engine to promote the growth of world economic growth,Therefore, it has always been a hot issue that the international academic community is concerned。Recent,Through the development ideas and development models around the Chinese economy,This reporter interviewed the Japanese Ministry of Finance and China, Japan -China Financial Cooperation Consultant、Professor of Emperor Emperor of Japan。

  Adhere to the development ideas of seeking truth from facts, rigorous and prudent development

Lukouyangjie has conducted long -term tracking and comparative research on the economic policy of China and Japan。In an interview with our reporter,He takes Japan as an example,In the mid -1980s,Japan is forced by the United States' heavy pressure,Open Capital Account Transaction。But at that time, the domestic financial market in Japan was not mature enough,Various interest rates are still led by the government, Financial institutions have not yet adapted to the free flow of capital。So,Open capital account is too early for Japan at that time,This is also an important reason that caused Japan to fall into the foam economy from the second half of the 1980s。

Deluta Oceani thinks,The reason why China can avoid the detours that Japan had taken in economic development,and achieved stable high -speed growth,To a large extent, after the Chinese government swept the world in the 2008 financial crisis,Regarding whether to lift the regulation of the country's economy,Show a quite cautious attitude。Where,Policies adopted by China in terms of relief of capital account transaction control,is a good example。In his opinion,China's goal is to improve the proportion of RMB settlement Bet365 app download in China's cross -border transactions,but on the one hand,China is not eager to make RMB a major international currency in global transactions。On the other hand,The Chinese government has opened "Shanghai -Hong Kong Stock Connect" and "Bond" between the Mainland and Hong Kong,Foreign investors can invest in Chinese stocks and bonds through these channels,At the same time, these transactions must be settled in RMB。From this,The use of RMB's cross -border transactions in China has increased from less than 1%in 2009 to 47.4%in 2021。Take this as an example,Delutomi Merrology thinks,Adapt for time、Attitude and thinking of truth -seeking,It is an important internal driving force for China to achieve high -speed stable economic development。

  Exploring the development path that meets its own national conditions

Current,The economic theory occupying the mainstream in Western countries is neoclassical economics。Promotes of neoclassical economics believe,The functions of public policies such as monetary policy and fiscal policy are not important,What they values ​​the free market mechanism,Emphasizing the results obtained from the free market are always the best and most effective,Even if this will cause the economy to fluctuate frequently。So,Some Western scholars have proposed,​​The Chinese government has too much economic control,Not conducive to the optimization and efficiency improvement of China's economy,will cause China's economic growth to decline。For this,Lukouyangosuke proposed a tit -for -tat view。He thinks,The development of any country cannot move a hard set of economic theory and policy measures。So far,When the Chinese government formulates and launch all economic policies,Never separated from its own specific national conditions。Prove to the facts,This is the key to China that can achieve greater success than other countries。For this,Lukouyangke was proposed in a meeting in 2017,If China has span the middle income trap under the existing system and becomes a developed country,Then the world will appear a "Chinese model"。

In an interview with our reporter,Lukoushuke's observation of China's economic policy in recent years,In 2020, China officially proposed to build a large domestic cycle as the main body、New development pattern of mutual promotion of domestic and international dual cycles,This is a strategy for future China's economic development、The major adjustment and improvement of the path,It means that China attaches bet365 Play online games great importance to domestic needs。At the same time,High -quality innovation and development means high productivity。The former takes the demand side as the goal,The latter takes supply -side reform as the goal。Supply -side reform is extremely important,Because in terms of supply,In the future, the number of labor in China will decrease。To maintain a reasonable growth rate,It must increase productivity。When China's manufacturing industry turns to high -quality technical orientation,Industry using cheap labor will be transferred to other developing countries。This will further increase China's productivity,And it is also a major good for other developing countries。Based on this,Delutomi Merrology thinks,This concept of self -benefit and human beings is also one of the important features of the "Chinese model" better than the economic development model of Western countries。

Different economic development models and development concepts borrow from each other

From the perspective of Luguyosuke,The necessity of China's current improving demand side is,External demand has uncertainty in today's geopolitical situation。When domestic demand, especially when consumption increases,,The current frequent project surplus will decrease or even become deficit。In this case,Capital inflows will be very important for China。Japan is the world's largest net debt country,Can cooperate with China in this field。Japan can invest in Chinese projects with higher return on return,and China can use funds from Japan at a lower cost。

At the same time,China and Japan can also cooperate in the internationalization of the country。Delutomi Merrology thinks,Reduce the use of dollars,Increase the use of RMB and yen,Combining the common interests of both China and Japan。If the convenience of RMB in Tokyo can be improved,The Japanese yen will become a currency that develops directly with the RMB。And if the yen's transaction convenience in Shanghai is improved,The transaction volume of the yen against the RMB will also increase。​​This is here,Trading between China and Japan,Including trade and capital transactions,You can settle more in RMB or yen,instead of the dollar。

Based on the above view,Lukou Oceanosuke proposed to the Japanese Ministry of Finance to establish a market for direct RMB transactions to the Ministry of Finance of Japan。June 2012,Tokyo and Shanghai's inter -bank foreign exchange trading market at the same time launched the RMB -to -yen direct transaction。This cooperation bet365 live casino games is a win -win move in China and Japan。April 2019,China -Japan Trading Open Fund (ETF) officially realizes interoperability。Chinese investors can invest in Japanese stocks through the China -Japan Trading Open Fund products listed on the Shanghai Stock Exchange,Japanese investors can invest in Chinese stocks through the China -Japan trading open -end fund products listed on the Tokyo Stock Exchange。This interconnection mechanism also brings benefits to both parties。

  Facing Future,Lukouyang hopes that China and Japan can open channels similar to "Shanghai -Hong Kong Stock Connect" and "Bond Connect"。He believes,China and Japan can completely learn from each other's different economic development models and concepts、Successful model of long -term complement。 

Editor in charge: Cui Bohan
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