The Taiwan Economic Daily said that December 18 this year is the 40th anniversary of the promotion of reform and opening up in mainland China. It has delivered important speeches at the celebration conference and settled again for the reform and opening up route.Immediately after the 19th to 21st, the CPC Central Committee's Economic Work Conference was held. Speech set the general tone of the mainland's economic work in 2019 and will adhere to the steady progress.With the strong pressure of the mainland's economy in recent years, and facing the strong pressure of the US -China trade war, speeches are regarded as the guidance of China's future economic route and policy, and attracted the attention of all parties.
Since December 1978, mainland China has promoted the reform and opening up policy. Under the catalysis of market forces, the mainland's economy has risen rapidly. By 2010, it has become the second largest economy in the world after the United States.However, after more than 30 years of rapid growth, the deep economic issues of the mainland gradually emerged. After 2013, in order to break through the economic difficulties, the Third Plenary Session of the 18th Central Committee of the Communist Party of China established a line of comprehensive deepening reform policy;On the basis of deepening reform, the second -stage and comprehensive national development layout is established, with a view to achieving China's comprehensive and modernization goal before the middle of this century.
It has launched a new layout for the future vision of mainland China, but in recent years, the long -term challenges faced by the mainland's economy have continued to increase. First of all, the downward risk of the mainland economy has become higher and higher.Since 2012, the mainland's economy has changed from a long -term high -speed growth. Facing the continuous slowdown of the economy, the CCP has been prioritizing the steady growth or promotion of reform within the Chinese Communist Party. It has occurred in opposition, and the reform faction finally has the upper hand.The policy tone began to tilt towards steady growth.The outbreak of the US -China trade war this year has increased on the impact of the mainland. From the recent official statistics and various forecasts for international institutions, the mainland may fall into the worst economic crisis since the financial tsunami in 2008.
In the speech of the 40th anniversary of reform and opening up, it also said that the future may be unimaginable.Institating economic measures such as tax reduction and cost reduction and fees, and maintaining reasonable and abundant liquidity.In the foreseeable future, the stable economy will be the best priority task in Beijing and the most harsh challenge. If it cannot stabilize the continuous decline of the mainland economy, the reform and opening up will become empty talk.
In terms of long -term economic structural reform, the challenges faced by the mainland are even more severe.The spirit of reform and opening up is to release the market economy forces and promote the development of private sectors. However, in recent years, the reform and opening up of the mainland seems to have changed. Especially after the financial tsunami in 2008, the Beijing authorities intervened in the market's scale and strength.The phenomenon of refunds has become a powerful inverse, but the Beijing authorities emphasize the superiority of the so -called Chinese model and national capitalism. At the same time, with the market size advantages, they can exchange advanced technology and redefine the market.
Because the country's entry and the people's retreat, the excessive expansion of the state -owned economy has not only become a corruption, but also causes a large number of low -efficiency industries that rely on national resources, and even zombie companies, becoming the heavy burden of the mainland economy.
On the other hand, Western industrial countries led by the United States are increasingly unwilling to pay for the redeem market in the mainland; after the U.S. President Trump took office, he launched a large -scale trade war on the grounds that China took unfair trade measures.The general government also requires Beijing to carry out structural reforms, including relaxation of market access, solving the issue of intellectual wealth, and termination of industrial subsidies for cutting -edge fields such as state -owned enterprises and Chinese manufacturing 2025.
Facing the changes in the internal and external situations, the re -adjustment of the reform and opening up path of mainland China has a greater extent with the market economy defined by Western industrial countries, which is inevitable.After the G20 Sichuan Xi Conference in early December, the international community expects Beijing to release more information on deepening the new reform and opening up of the new policy during the 40th anniversary of reform and opening up, but the speech has not touched these core issues;The plenary session has not been determined so far. Experts may be influenced by major differences in the uncertainty of the US -China trade negotiations and the internal opinions of China.We believe that the adjustment and re -departure of the route of reform and opening up is like an arrow on the string. What kind of appearance will be presented in the future, all parties will wait and see.
