With the economy slowing down and the troika sluggish at the same time, what will happen to the econ

Mondo Finance Updated on 2024-01-30

After the pandemic, the global economy seems to have entered an era of slow growth. Although our economic level is steadily improving, the speed has decreased significantly. There are even some industries that have been unable to follow. The U.S. economy is experiencing severe inflation, and even after the Fed raised interest rates, it has not been relieved much, and the economy has even regressed.

So looking at the economic development of our country, it seems that the momentum is still good. However, with the volatility of the global economy, our country's troika is also experiencing weakness at the same time. In order to attract more funds, China has continuously improved the internal investment environment, and has given a large degree of preferential policies to some foreign funds, hoping to attract more investors to invest in this land of China.

Exports are the second carriage, but with the speed of industry development and market demand, the export goods, which have been popular before, have shown a downward trend in data. At the same time, some new fields are booming, but they are bursting out of strong market competitiveness. Especially in the field of artificial intelligence and new energy, China's export volume is rising steadily, and it has gradually become the main player in China's export share. Slow economic release is a big trend, but for the current market, new industries are developing, so the horse-drawn carriage may be replaced by others and become a new driving force for economic development**.

Consumption is the third troika we pay attention to, driving the development of the domestic economy. Impulsive consumption, or excessive consumption, is based on the fact that everyone has a stable income, and now everyone is facing various problems, so you will find that many people have downgraded consumption. But most of the people are in a state of consumption upgrading, which refers to no longer paying for cheap products, but pursuing high-quality, healthy, and environmentally friendly products. The thing is in the essence and not in the many. Therefore, the impact of consumption on the economy will have a long transition period, and after the establishment of new consumption patterns, the economic effects will still be considerable.

For the domestic economy, the trend of innovation east energy and consumption increase will become the main economic pillars in the future. The import and export is in the stage of upgrading, the continuous exploration and achievements in the new field, as well as the reform and assistance in the old field, are the main goals of economic development after that. It is bound to push China's economic development to a new level.

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