How does relativity deal with the fluctuation of Sino US relations? Huang Yiping: relying more on domestic demand to support economic growth

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 How does relativity deal with the fluctuation of Sino US relations? Huang Yiping: relying more on domestic demand to support economic growth


However, our government has also taken some countermeasures. For example, we still need to talk with the US side, instead of splitting up in one shot. We should pay more attention to the rest of the world. There are still many places in Europe, America, Japan, Asia, Africa and Latin America that can cooperate together.

In short, Chinas economic success in the past 40 years has been mainly attributed to two aspects: one is reform and the other is opening up. We have become a big economy now, and may become a high-income economy in a few years. We can rely more on our domestic demand to support economic growth, but this does not mean that foreign demand is not important. Comparatively speaking, both foreign and domestic are important, but the domestic sector can play a greater role.