When it comes to slowing economic growth, everyone probably has their own story. My friend Xiao Li's family business has flourished over the past decade, but in recent years, as the economy has slowed, it has become increasingly difficult to do business. He told me that now not only are orders decreasing, but even stable customers are starting to negotiate terms. Watching the numbers on the ledger decrease day by day, Xiao Li said that for the first time, he felt what is called insomnia. The slowdown in the economy is not just a game of numbers for business owners like Xiao Li, but also a challenge to survival.
The problem of overcapacity cannot be ignored either. In some traditional industries in China, such as the steel and coal industries, in the past, due to the pursuit of rapid economic growth, production capacity has been greatly expanded. But the reality is that the demand in the market is not that great. I have a friend who works in a steel mill, and he says that the inventory in the factory is piling up, but the orders are pitiful. Overcapacity has led not only to a decline in corporate profits, but more seriously, to the beginning of layoffs. Whenever this happens, I can hear a sense of powerlessness and anxiety in my friend's voice.
For China's huge labor market, the grim employment situation is also a reality that has to be faced. Every year, thousands of college students graduate and enter society full of hope to find their own place. However, with the slowdown in economic growth and the problem of overcapacity, many companies have begun to shrink the scale of recruitment, or even lay off employees, which makes many young people face unprecedented employment pressure. I have a nephew who just graduated and has submitted countless resumes, but he still struggles to find a stable job. Every time I see his lost eyes, I don't feel good in my heart.
The issue of social equity is also an issue that we cannot avoid. The rapid development of the economy has allowed some people to get rich first, but at the same time, it has also widened the gap between the rich and the poor. In the city, I see high-rise buildings and shopping malls where people are spending; In rural areas, there are still many children who drop out of school because of family poverty. The uneven distribution of educational resources, the difference in medical conditions, and the severity of the housing problem are all equity problems facing our current society.
What should we do in the face of such a situation? I have always believed that no matter how the environment changes, the most important thing is to maintain a peaceful mind and a spirit of continuous hard work. When it comes to slowing economic growth, we can look for new opportunities by upgrading our skills and capabilities. For overcapacity, perhaps enterprises can consider transformation and upgrading, and explore new market demand. As for the pressure of employment, you may wish to see it as an opportunity to learn new knowledge and skills and improve your competitiveness. As for the issue of social equity, it requires each of us to make our voices heard and work to promote social progress and fairness.
Although the current situation has made us feel pressure and challenges, I believe that as long as we can work together and maintain a positive attitude, the future will be better. I also hope that through my sharing, everyone can be inspired to face the difficulties and challenges in life together. If you have your own ideas and experiences, please share them and let's work together to create a better future.