The confidence of China’s economic bet365 bonus bets from the perspective of potential bet365 bonus bets rate
March 04, 2024 11:42 Source: "Chinese bet365 bonus bets Journal" Issue 2844, March 4, 2024 Author: Li Xuesong

Since the reform and opening up,Our country has achieved an economic growth miracle that has attracted worldwide attention。A period in the future,Although there are still some difficulties and challenges that need to be overcome to further promote economic recovery,But the favorable conditions facing our country’s development are stronger than the unfavorable factors,The economy is picking up and improving、The basic long-term positive trend has not changed,The foundation supporting high-quality economic development remains solid: a new round of scientific and technological revolution provides strategic opportunities for high-quality development,Deep industrial foundation provides sustained impetus for high-quality development,The ultra-large-scale market provides demand traction for high-quality development,Comprehensive guarantee of factors provides solid support for high-quality development。From the perspective of production function,labor force、Capital and total factor productivity are the keys to determining economic output,It can be found through the analysis bet365 bonus bets changing trends bet365 bonus bets three,From now to 2035,Our country still has great economic growth potential。

  bet365 bonus bets scale and quality dividends still have advantages

A period in the future,Our country has the conditions to give full play to its population advantage,Continuously improve the quality of labor force,Optimize labor allocation,Gradually transform the population quantity dividend into the population quality dividend,Inject endogenous power into high-quality economic bet365 bonus bets through high-quality population bet365 bonus bets。

First, the working-age population remains at a high level,Provide abundant labor resources for economic growth。Although our country will experience negative population growth from 2022,But the total population is still at the forefront bet365 bonus bets world。A large population not only provides abundant labor resources,And it can create a lot of consumer demand,Form ultra-large market advantage,Provide broad development space and multiple possibilities for economic growth。From the total amount,At the end of 2023, my country’s working-age population aged 16-59 will exceed 8.600 million people,Exceeds the combined total bet365 bonus bets United States, Europe and Japan,The number of young labor force is increasing steadily,The labor force participation rate is at a high level in the world。From a structural point of view,Although the aging of China’s population is accelerating,But the proportion of young and elderly people is relatively high,By delaying retirement, etc.,Increase the labor force participation rate of young and elderly people,It will help alleviate the impact of population aging on labor supply。In addition,The silver economy spawned by population aging covers a wide range of areas、Long industrial chain,will develop new business formats、New model provides more opportunities,Is expected to become a new growth point for China’s economy。

Second, the health status and education level bet365 bonus bets workforce continue to improve,Help accelerate the accumulation of population quality dividend。Health status and education level are a concentrated reflection bet365 bonus bets quality bet365 bonus bets labor force。Health status,Global health disparities widen after the COVID-19 epidemic,Main health indicators declined in some countries,The health status of our country’s residents continues to improve,The average life expectancy of residents is close to the average level of developed countries,The dominant position in national health has been continuously consolidated。Educational level,Our country has built the largest higher education system in the world,The number of college graduates nationwide will exceed 10 million in 2023,The population receiving higher education exceeds 2.400 million people,17% bet365 bonus bets total population;The average number of years of education for the working-age population has exceeded 11 years,The qualitative leap in education level has driven our country to transform from a country with human resources to a country with human capital。While the population is slightly reduced but the advantage is still there,my country’s population quality dividend accelerates accumulation,A window of opportunity that presents dividends in both quantity and quality,Can effectively stimulate economic potential。

Third, new urbanization promotes the continuous optimization bet365 bonus bets spatial distribution bet365 bonus bets labor force,Create huge space to improve the efficiency of labor resource allocation。The flow of labor between urban and rural areas and between regions can greatly improve the efficiency of labor resource allocation。The urbanization rate of my country’s permanent population in 2023 is 66.16%,There is still a significant gap with the level of about 80% in developed countries。With the flow of rural population to cities and towns、Population flow from economically underdeveloped areas to developed areas,The spatial distribution of my country’s labor force will be significantly optimized,Thus increasing the labor participation rate and labor productivity,Inject long-term impetus into economic development。Meanwhile,There is still a gap between the urbanization rate of my country’s registered population and the urbanization rate of permanent residents17.5 percentage points difference,In the process of promoting new urbanization with people at the core,Accelerate the process of urbanization of rural migrant population,It can effectively release the huge domestic demand potential of agricultural transfer population in terms of consumption and public investment,Improve labor resource allocation efficiency。

  Capital formation still has huge room for bet365 bonus bets

Current,my country’s development is in the midst of a new type of industrialization、Informatization、Urbanization、Rapid development stage of agricultural modernization,In green transformation、New infrastructure construction、There is huge potential for capital formation in urban renewal actions and shortcomings in the field of people's livelihood,Can create considerable room for improvement in the potential growth rate bet365 bonus bets economy。

First, the concept of green development reshapes the production model of some industries,Create expansion space for capital formation。The proposal bet365 bonus bets “double carbon” goal reflects my country’s initiative as a major country to take responsibility for addressing global climate change,At the same time, it is also reshaping the way of production in an unprecedented way,Power generation for wind and solar power、Distributed power generation、Energy storage、UHV、Smart grid, etc. bring new development opportunities,Creating a huge fixed capital formation gap。The green transformation of energy has put forward large-scale demands for the expansion of wind and solar power generation capacity,The misalignment problem between my country’s wind and photovoltaic power generation resources and load areas will also further stimulate distributed photovoltaics、UHV transmission、Electrochemical energy storage、Development of hydrogen energy storage, smart grid and other related industries,The growth in demand for these clean energy production and supporting facilities will bring important growth space for capital formation。

Second, the rapid development bet365 bonus bets digital economy has created new demands for infrastructure,Growth potential for capital formation。The 20th National Congress bet365 bonus bets Communist Party of China on "Accelerating the Construction of a Cyber ​​Powerful Country"、Major deployment of “Digital China”,Started a new journey of my country’s informatization development,Effectively promote 5G、Artificial Intelligence、Data Center、Satellite Internet、Industrial Internet、Internet of Things、New infrastructure construction activities in smart transportation and other fields are rapidly unfolding。First half of 2023,my country’s investment in new infrastructure construction increased by 16% year-on-year.2%,Much higher than the growth rate of investment in traditional infrastructure construction。At the same time,Estimated according to relevant research institutions,my country’s new infrastructure construction activities will continue to expand in the future,The proportion of infrastructure investment will gradually increase to about 15%-20%,Indicates that new infrastructure construction is becoming a new demand burst point in the national economic cycle。These fields have obvious asset-heavy characteristics,Will bring huge growth potential to fixed capital formation。

Third, people’s yearning for a better life inspires urban renewal actions,Making significant demand for capital formation。Implement urban renewal action,It is an important decision and deployment made by the Fifth Plenary Session bet365 bonus bets 19th Central Committee bet365 bonus bets Communist Party of China。Urban renewal includes “urban village” transformation、The construction of urban underground pipe networks and the promotion of urbanization construction with county towns as an important carrier, etc.。As my country’s urbanization gradually shifts from high-speed development to high-quality development,Urban renewal will stimulate production vitality、Play an important role in promoting capital formation and other aspects。According to predictions from many institutions,This round is super large、The area to be renovated in "urban villages" in megacities may exceed 1.3 billion square meters,Will drive nearly trillions of investments every year。At the same time,The construction of urban underground pipe network is the "lining" project bet365 bonus bets city,Has great investment potential、Characteristics of strong driving ability。Future,Our country will renovate more than 100,000 kilometers of underground pipelines every year。These urban renewal needs will effectively drive upstream and downstream industrial production activities,Powerfully promote capital formation。

Fourth, the continuous expansion of demand in the field of people’s livelihood boosts the transformation and upgrading bet365 bonus bets service industry,Bringing a broad blue ocean to capital formation。The service industry is not only the “ballast stone” bet365 bonus bets national economy,It is also a "booster" to promote the transformation and upgrading of traditional industries,Still promoting the new economy、“Incubator” for accelerated growth of new driving forces,With large room for growth。With education, we become a powerful country、Technological power、Accelerating the construction of a talent-powered country,my country’s demand for education and scientific and technological services will continue to grow,At the same time, it will drive relevant upstream and downstream industries to actively plan for the future,Accelerate capital formation。In addition,In response to the development trend of population aging,Elderly care services are becoming a new hot demand,For different types of elderly care places、The long-term demand for aging-friendly facilities and equipment will effectively drive capital formation。In the context bet365 bonus bets continued emergence of capital formation needs in many service fields,If various policies and measures to promote the opening up bet365 bonus bets service industry to the outside world can be accelerated,Will further benefit capital formation,Effectively increase potential economic growth rate。

 Total factor productivity has the bet365 bonus bets to remain at a high level

Our country’s economy has shifted from a stage of rapid growth to a stage of high-quality bet365 bonus bets,The "intensive growth" brought about by the improvement of total factor productivity is becoming increasingly important。About deepening reforms、Expanding opening、Formulate and introduce a series of policies and measures to encourage innovation,will help stimulate market vitality,Improve total factor productivity level,Unleash economic growth potential。

First, we are promoting the market-oriented reform of factors、Optimizing resource allocation is in the ascendant。Early 2022,The General Office bet365 bonus bets State Council issued the "Overall Plan for the Comprehensive Reform Pilot of Market-oriented Allocation of Factors",Around the Land、labor force、Capital、Technology、Introducing targeted reform measures for data and other production factors。my country’s data resources have significant advantages、The number of labor force is still high、With the accelerated growth of high-level talents,By promoting the construction of data infrastructure,Establish and improve public data sharing and data circulation transaction rules,Implementing the reform of higher education disciplines and majors,Improve the matching between human capital and job requirements,Smooth channels for social mobility of labor and talents, etc.,It will help optimize the allocation of various elements and resources,Significantly improve unit factor resource productivity,Promote the continuous improvement of total factor productivity。

The second is to accelerate the transformation of service-oriented government、There is a lot to be done to achieve a balance between supply and demand。current,Our country is facing overproduction in some industries、Issues such as restrictions on investment in traditional fields。Accelerate the construction of service-oriented government,Optimize and adjust the structure of fiscal expenditure,Increase fiscal funds to subsidize residents’ income,Will help enhance residents’ spending power,Achieving a balance between supply and demand。Specifically,By steadily promoting the reform bet365 bonus bets social security system,Significantly improve the social security level of low-income groups,Accelerate the reform bet365 bonus bets household registration system,Increase education、Medical、Investment in elderly care and other livelihood fields,Adopt a series of measures such as linking basic public services with the permanent population,will help promote domestic consumption,Expand effective demand,Smooth domestic circulation,Realize reasonable allocation of resources,Improve total factor productivity。

The third is to expand the opening bet365 bonus bets service industry to the outside world、Huge potential to stimulate market vitality。Since the 18th National Congress bet365 bonus bets Communist Party of China,my country has established open platforms such as free trade zones and comprehensive pilot cities to expand opening up in the service industry,Continue to deepen the opening up of service fields to the outside world。But compared to developed economies,At this stage, my country’s financial situation、Telecom、Education、The degree of openness in medical and other fields is still low。Comprehensive implementation bet365 bonus bets negative list management system,Relax market access standards,Promote high-level institutional opening and other measures,It will help attract more private capital and foreign capital to invest in the domestic service industry,Especially in the field of producer services with high added value,Thus stimulating the vitality bet365 bonus bets service industry market,Promote the upgrading and transformation bet365 bonus bets service industry,Improve total factor productivity。

The fourth is to adhere to the innovation-driven development strategy、Broad prospects for accelerating the formation of new productive forces。Since the 18th National Congress bet365 bonus bets Communist Party of China,my country adheres to the implementation of innovation-driven development strategy,The country’s comprehensive innovation capabilities continue to improve。2023,China ranks 12th among the most innovative countries in the world,And in quantum communication、High-speed rail、Photovoltaic、UAVs and other fields have entered the world's leading ranks。Our country is deeply implementing the strategy of rejuvenating the country through science and education、Strategy of strengthening the country through talent、Innovation-driven development strategy,By deepening the reform of science and technology and education system,Improving the scientific and technological innovation system,Strengthening national strategic scientific and technological strength,Strengthen the in-depth integration of industry, academia and research led by enterprises,Realize education、Technology、Collaborative development of talents,Transform the achievements of scientific and technological innovation into new productive forces,Promote technological progress,Cultivation of new business forms and new driving forces that promote economic growth。

  (This article is a major innovation project bet365 bonus bets Chinese Academy of Social Sciences "Complete、Accurate、Research on Comprehensively Implementing the New Development Concept” (2023YZD017) Phased Results)

(The author is the director bet365 bonus bets Institute of Quantitative Economics and Technical Economics, Chinese Academy of Social Sciences、Researcher)

Editor: Zhang Jing
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