From the perspective of the annual economic growth target, how to see the first establishment and t

Mondo Finance Updated on 2024-03-07

On March 5, the second session of the 14th National People's Congress opened, and the work report anchored the expected goal of economic growth of about 5%, and clarified the key tasks for this year. So, why is the growth target set at around 5%, and what are the important considerations behind it? What kind of development momentum does China have in terms of insisting on seeking progress while maintaining stability, promoting stability with progress, and establishing first and then breaking down? As the core engine city of the Greater Bay Area, how can Shenzhen continue to be a pioneer and a pioneer, and further do a good job of "steady progress and breakthrough"? "Evening Report" specially invited Zhang Yujie, a professor at the ** Party School of the Communist Party of China (National School of Administration), to give an in-depth interpretation.

GDP growth is expected to be around 5% in 2024.

*According to the work report, the main expected goals for this year's development are: GDP growth of about 5%; More than 12 million new jobs were created in urban areas, and the surveyed urban unemployment rate was 5about 5%; Household consumption** increased by about 3%; Household income growth and economic growth are synchronized; The balance of payments remained basically balanced; Grain production 1more than 3 trillion catties; Energy consumption per unit of GDP is reduced by 2About 5%, the quality of the ecological environment continues to improve.

The above-mentioned expected goals are put forward, taking into account the domestic and international situation and various factors, and taking into account the needs and possibilities. The expected target for economic growth is about 5%, which takes into account the needs of promoting employment and income, preventing and resolving risks, and is in line with the "14th Five-Year Plan" and the goal of basically realizing modernization, and also considers the economic growth potential and supporting conditions, reflecting the requirements of being proactive and promising. Achieving this year's expected goals will not be easy, and it will require policy focus, redoubled efforts, and concerted efforts from all sides.

GDP growth rate of around 5%.

It is a scientific, feasible and practical goal.

What are the considerations behind the setting of this year's economic development target of about 5%?

In the view of Zhang Yujie, a professor at the ** Party School of the Communist Party of China (National School of Administration), this year's GDP growth of about 5 percent is determined according to the actual situation of the country and the domestic and foreign environment. Last year's GDP growth reached 52%, however, this year is an increase on the basis of last year, which is very difficult.

On the one hand, there are structural and qualitative problems in domestic development, and on the other hand, the overall international economic situation does not allow for optimism. In this context, the expected target of economic development of about 5% is a scientific and feasible practical goal.

What is the value of GDP growth of about 5%? Under high-quality development, what is the significance?

Zhang Yujie believes that there are three considerations:

The economic growth rate of about 5% is defined from the perspective of the whole country, because each region has developed fast, slow, and equal, so it has sufficient flexibility.

China is in an important stage of high-quality development, so the improvement of quality and the growth of speed are coordinated with each other, and some speed growth is achieved by the transformation of quality.

China has become the world's largest market absorption capacity, the largest industrial capacity country, the largest country, and the country with the highest global economic growth rate. Even though China has become accustomed to high-speed development, the future speed is the speed corresponding to the premise of high-quality development.

* In the introduction of this year's economic and social development policy orientation, the work report proposes to adhere to the principle of seeking progress while maintaining stability, promoting stability with progress, and establishing first and then breaking down. Those who should be established should take the initiative to stand up, and those who should be broken should be resolutely broken on the basis of establishment. In this regard, Zhang Yujie believes that "establishing first and then breaking" is a specific manifestation of seeking development in a stable manner. The so-called "establishment" is to correspond to new industries, new fields, new markets, and new environments, and to set rules and policies first, and this process itself is "breaking", and "standing" includes "breaking", and "breaking" and "standing" are complementary to each other. "Breaking" is mainly in emerging fields, and the process of "breaking" is to create new game rules, new tracks, new standards, and new models.

On the other hand, "breaking" itself is formed by innovation, and "standing" is a new system formed under the new environment and rules, so "breaking" and "standing" go hand in hand, and the momentum of the two is to "stand" first or follow-up, which is more secure, more positive and more practical.

Anchor high-quality development.

Shenzhen needs to create a new model of speed.

Looking at Shenzhen, most of the indicators of Shenzhen's "14th Five-Year Plan" have exceeded or reached the expected progress, what kind of growth rate should Shenzhen pursue on the journey of high-quality development?

Shenzhen is China's first special economic zone, and in the past 40 years of reform and opening up, the "Shenzhen model" has been formed and the "Shenzhen experience" has been created. Today, Shenzhen's industrial structure upgrading and high-quality development will be a new engine and driving force. Zhang Yujie expects that the "Shenzhen speed" will change from the past "one floor in three days" to the speed under high-quality development, which represents Shenzhen's new historical experience.

Conclusion: "Positive" is a high-frequency word in this year's work report, and the expected economic growth target of about 5% directly reflects the requirements of being proactive and promising. This year marks the 75th anniversary of the founding of the People's Republic of China and a key year for achieving the goals and tasks of the 14th Five-Year Plan. Shenzhen, as a pilot demonstration zone, should further do a good job of "steady progress and breakthrough" and run out of the "Shenzhen speed" of high-quality development.

Author: Li Jian.

Editor-in-Chief: Lv Yubin, Yin Meng.

Reporter Li Jian, Du Yifan, Xiao Jun, Tang Tianxiao.

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