The main reasons for the decline in China's GDP share of the United States are:U.S. GDPStronger in terms of nominal growth. However, with the United StatesInflation rateThis gap is expected to be narrowed in anticipation of a pullback and an appreciation of the renminbi. In addition, there are differences in the GDP composition of China and the United States. China inPrimary sectorwithSecondary sectorThe performance of the field is ahead of the United States, especially in the manufacturing industry. In contrast, the tertiary industry accounts for more than 80% of GDP in the United States, mainly supported by service consumption, of which private consumption accounts for a large proportion. China is currently actively developing consumption-orientedEconomyIn particular, the proportion of service consumption is gradually increasing, which is of great significance for bridging the gap between us and the United States.
Manufacturing in ChinaA relatively large part of GDP is usEconomyAn important support for growth. According to GDP weight and realityValue addedof calculations,Manufacturing in ChinaThe GDP of the United States is 194 times, which means that we have a great competitive advantage in manufacturing. Manufacturing can not only forEconomyBringing jobs can also promote technological innovation and industrial upgrading for the whole countryEconomyInject vitality into development.
To continue to improveManufacturing in Chinacompetitiveness and reductionProduction costs, which can be achieved through efforts in the following areas:
1.StrengthenTechnologyInnovation. Invest more money and human resources to strengthenTechnologyR&D to improve the ability of independent innovation. PushArtificial intelligence, big data,Cloud computingand other advanced technologies in the manufacturing industry to improve productionEfficiencyand product quality.
2.Increase the added value of products. Through autonomyBrandingwithSponsored Brandsto improve the added value and market competitiveness of products. Focus on design and R&D, and launch products that meet international standards and high quality requirements to meet different consumer needs.
3.StrengthenChain management。Optimize the chain structure and improve the chainEfficiencyand product delivery speed. Establish a sound logistics system and information management system to reduce logistics costs and improve overall operationEfficiency
4.Cultivating a talent team. Focus on cultivating skilled workers and professionals, and improve the technical level and management ability of the entire industry. At the same time, strengthen cooperation with universities and research institutions to promote the flow and transformation of talents.
Through the implementation of the above measures,Manufacturing in ChinaIt will further enhance its competitiveness for the countryEconomyDevelopment injects new impetus.
At present, China is committed to promoting consumption upgrading and taking consumption as a resultEconomyAn important engine of growth. In the tertiary industry, the proportion of service consumption will continue to expand, and more and more people will begin to pay attention to quality consumption and personalized services. This will be:EconomyDevelopment brings new opportunities.
With the increase in income level and the change of consumption concept, China's consumer market has great potential. According to the data, China's consumer spending as a proportion of GDP has been increasing, and has gradually approached the level of the United States. Moreover, the scale of China's consumer market is huge, and there are opportunities for development in various fields.
In terms of service consumption, there are still many areas for improvement in China. For example, tourism,Education, medical, pension and other industries have huge development potential. At the same time, with the popularity of the Internet andDigital economyThe rapid development of emerging consumption patterns such as e-commerce, entertainment, and sharingEconomyand so onEconomyA new engine of growth.
ChineseEconomyAlthough the ratio of GDP to the United States has declined, it still has huge advantages in terms of real growth and industrial structure. We have a large manufacturing industry, and at the same time we are accelerating the development of the service industry. Consumption upgrades are also availableEconomyGrowth offers new opportunities.
In order to achieveEconomyTo grow and surpass the U.S. goals, we need to further strengthen our ability to innovate and promoteTechnologyProgressive. At the same time, it is necessary to pay attention to cultivating talents and improving the overall technical level and management ability of the industry. In addition, strengthening cooperation and exchanges with the international market and broadening export channels are also enhancing our presence in the worldEconomyin an important way of competitiveness.
In short, although there is a gap between China and the United States in terms of GDP ratio, China is still full of potential and opportunities. Through sustained efforts, through structural adjustment and consumption upgrading, China is expected to further increase the proportion of GDPEconomysustainable growth. We believe that with the efforts of all the people, China will get closer and closer to achieving itEconomyThe goal of a strong country.