In 2024, confidence will be restored and the economy will be revitalized, and in general, the troika of consumption, investment, and exports will be driven.
Due to the global hegemony of the US dollar, the US has raised interest rates aggressively, with higher interest rates than return on investment, and relatively little risk. So the dollar reflows. As a result of the decline in global capital liquidity and the lack of investment in the world, China is naturally not immune. China, of course, will not sit still, although the yuan does not have the hegemony of the dollar, but China is actively building the free convertibility of the yuan**, with the rich countries of the Middle East, Russia, the Americas and other BRICS countries for the free convertibility of the yuan. Enhance the status of the renminbi, thus. Break the dollar financial monopoly established by the United States. Minimize the risk of harvesting the world caused by the appreciation of the dollar.
In terms of exports, the United States once regarded China as a strategic partner, and it quickly turned into a strategic competitor. Moreover, he claims to use his strength and status to deal with China with all his might. It's really ruthless, bring a group of allies. Not only blockade high-tech, reduce China's ** exchanges, but also transfer the ** chain out of China. This vicious move has indeed caused many export processing enterprises to face serious operational difficulties. But China is not a vegetarian, because China has the world's most complete industrial chain, actively promotes the Belt and Road Initiative, and cooperates with Asian, African and Latin American countries for development.
Although the above has a positive effect on China's economic growth, the factors that make China's sustained growth undoubtedly come from China's domestic consumption.
After all, the consumer market of 1.4 billion yuan is not enough to match the spending power of more than 300 million people in the United States. This in itself is a serious problem.
As we all know, due to the mask for three years, China's economy has fallen into unprecedented difficulties, coupled with the impact of the external environment, as well as the uncertainty of the future, income has decreased significantly, and it is more difficult to make money than before.
Now that the real estate is in a downturn, many people have bought their first home with three generations of savings, and the depreciation of the house is even if the value of the house is reduced, after all, it is used to live. However, the income has decreased, and the mortgage still has to be repaid. The worst thing is that the house is unfinished, there is no income, the bank is on top, and the mortgage is a lot of money, and it must be repaid in full. This is very excessive.
Therefore, it is recommended that banks should take measures according to the times, and for the Chinese people who have their first home, due to the economic downturn, they should timely introduce a policy of reducing more than half of the interest, so that the Chinese people can take a breather.
There is also a real estate thunderstorm today, the price of the house is still not easy to sell, it is recommended to cancel the criticized shared area. This is the real implementation of the positioning that the house is for living, not for speculation. It is believed that such an approach will certainly win the support and recognition of the people of the whole country. The recovery of real estate is just around the corner, and can drive the rapid and healthy growth of related industries.
The arrival of the Year of the Dragon will surely be a leap of the dragon and the tiger.
I firmly believe that in 2024, the flying dragon is in the sky.