How to understand the 14th five year plan? Bai Chunli and Huang Qifan said so

 How to understand the 14th five year plan? Bai Chunli and Huang Qifan said so

Objectively speaking, there is still a certain gap between Chinas innovation level and that of developed countries and the requirements of national economic and social development. An important judgment made by the Fifth Plenary Session of the CPC Central Committee is that the innovation ability does not meet the requirements of high-quality development, which reflects that there are still some shortcomings and deficiencies in our scientific and technological development, such as the lack of basic research and major original achievements, the import of key core technologies in many fields, the overall efficiency of the national innovation system is not high, and scientific and technological innovation has great impact on economic and social development And the support capacity of national security needs to be improved, and the key core technology of sticking neck is still under discussion in the society.

The plan proposal clearly points out that we should adhere to the core position of innovation in the overall situation of Chinas modernization construction, and take the self-reliance of science and technology as the strategic support for national development.

According to Bai Chunlis analysis, the Fifth Plenary Session of the CPC Central Committee made a major strategic judgment that China has turned to the stage of high-quality development. Turning to the stage of high-quality development does not mean that we have achieved high-quality development, but that our development has reached a stage where high-quality development must be the main goal. We must reverse the extensive pattern of economic development mainly relying on factor input in the past Exhibition mode.

In Bai Chunlis opinion, self-reliance and self-improvement are the inherent requirements of the development of science and technology. China has become a country of science and technology worthy of its name, but it is not yet a powerful country in science and technology. To emphasize self-reliance in science and technology is to gradually reverse the problems of weak original ability and large amount of resources and energy used in follow-up research in scientific research activities, and encourage researchers to put forward more original theories and make more original contributions. On the other hand, self-reliance in science and technology is also an objective requirement of the construction of a modern country, leading to the leap of comprehensive national strength.

Huang Qifan: the cumulative import volume in the next 10 years is expected to exceed 27 trillion US dollars

With regard to the major deployment of accelerating the construction of a new development pattern with domestic large cycle as the main body and domestic and international dual cycle promoting each other, Huang Qifan said that the major strategy itself is a new prescription for China to enhance global cooperation with its own actions and boost global economic recovery.

Chinas economic strategy will no longer aim at surplus and blindly expand exports, but will aim at moderately expanding imports and achieving a balance between imports and exports. Huang Qifan said that China is the worlds largest market with the greatest potential. It is estimated that in the next 10 years, Chinas cumulative imports of goods are expected to exceed 22 trillion US dollars, and the total imports of service industries will reach 5 trillion US dollars. The sum of the two will exceed 27 trillion US dollars. The huge market demand will certainly bring direct and lasting impetus to the recovery of the world economy after the epidemic.

Huang Qifan believes that Chinas socialist market economic system will be further improved, the optimal allocation of factor resources will be realized at a higher level, and economic growth will be more sustainable. Driven by the simple external circulation, Chinas economic growth is relatively extensive, relying on a large number of labor and capital investment. Due to the emphasis on production and light consumption, the order is king, and mercantilism, the lack of endogenous power for long-term economic growth, overcapacity and insufficient domestic demand have become prominent contradictions from time to time. The establishment of dual circulation pattern with internal circulation as the main means not only to further open up the supply of production, exchange, distribution and consumption, but also to deepen the reform of industrial policy, investment and financing system, deepen the reform of factor market, and accelerate the establishment of a high standard market system.

In terms of business environment, China will create a better development environment for foreign investment and create a market-oriented, legal and international business environment. In the first half of 2020, Chinas foreign-funded insurance companies will not increase their investment in the fields of foreign-funded securities and futures, and will not open up such a list of foreign-funded securities companies The conditions are relaxed as the Chinese share ratio is no less than 34%. At present, China has become a stabilizer and safe haven for global transnational investment.

The plan proposal points out that the implementation of free trade area promotion strategy, the construction of a global high standard free trade area network. Recently, the regional comprehensive economic partnership agreement (RCEP) was officially signed. In response, Huang Qifan said: this will further improve the quality of economic growth in the Asia Pacific region, promote the stability of the industrial chain and supply chain, and promote the development of the Asia Pacific and global economy. Next, China will speed up the negotiation and implementation of the comprehensive investment agreement between China and Europe, and on this basis, further study the feasibility of joining the world TPP agreement (now renamed cptpp)

In addition, Huang Qifan also mentioned that Chinas emphasis on self-reliance in science and technology will not only help improve its own innovation capacity, but also help to increase global cooperation in science, technology and industry.