Ma­jor Tasks for 2015

ChinAfrica - - Business -

» Main­tain­ing steady eco­nomic growth

» Fos­ter­ing new growth points

» Up­grad­ing agri­cul­tural pro­duc­tion

» Co­or­di­nat­ing re­gional de­vel­op­ment

» Strength­en­ing so­cial se­cu­rity net­work and im­prov­ing peo­ple’s qual­ity of life

Eight tar­gets

» Ful­fill­ing peo­ple’s de­mand

» An­a­lyz­ing the consumption mar­ket and con­sumer psy­chol­ogy

» Guid­ing so­ci­etal expectations

» Strength­en­ing pro­tec­tion of property and in­tel­lec­tual property

» Fully tap­ping into en­tre­pre­neur­ial tal­ent

» Im­prov­ing ed­u­ca­tion and in­creas­ing hu­man re­source com­pe­tence

» Im­prov­ing the eco­log­i­cal en­vi­ron­ment

» Ad­vanc­ing tech­nol­ogy and in­no­va­tion

New nor­mal traits

» Consumption: Mass fea­ture­less consumption has come to an end and cus­tom­ized consumption is be­com­ing main­stream.

» Ex­port and in­ter­na­tional bal­ance: China still has com­pet­i­tive edge in ex­ports; high-level im­ports and large-scale ex­ports co­ex­ist.

» Mar­ket com­pe­ti­tion: Qual­ity-based dif­fer­en­ti­ated com­pe­ti­tion has re­placed quan­tity-based price com­pe­ti­tion.

» En­vi­ron­ment: Plans for green, low-car­bon pro­duc­tion and re­cy­cling will be adopted in the face of global cli­mate change.

» In­vest­ment: In­fra­struc­ture in­ter­con­nec­tion, new tech­nol­ogy, new prod­ucts and new busi­ness mod­els have en­abled mas­sive in­vest­ment op­por­tu­ni­ties.

» Pro­duc­tion: Smarter, smaller-scale pro­fes­sional pro­duc­tion will gain more pop­u­lar­ity.

» Risk con­trol: Eco­nomic risks are con­trol­lable in China, though it may take time to defuse risks caused by high lever­age and as­set bub­bles.

» Macro-reg­u­la­tion: The ef­fects of mas­sive stim­u­lus mea­sures are de­creas­ing. China should mop up the ex­cess ca­pac­ity while us­ing mar­ket mech­a­nism to ex­plore in­dus­trial de­vel­op­ment.

» Pro­duc­tion fac­tors: Cheap la­bor used to be China’s big­gest com­par­a­tive ad­van­tage, but China’s eco­nomic growth is cur­rently more de­pen­dent on the qual­ity of hu­man re­sources and tech­no­log­i­cal progress.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.