"The new normal will bring new development opportunities to China."
On May 10, 2014, when the Supreme Leader visited Henan, he pointed out,China’s development is still in an important period of strategic opportunities. We should strengthen our confidence, proceed from the current stage characteristics of China’s economic development, adapt to the new normal, and maintain a strategic normal mentality.This is the first time that the word "new normal" has appeared in public view. On June 13th of the same year, the Supreme Leader made his first appearance as the leader of the Central Financial and Economic Leading Group, made accurate decisions, and steered China’s economic giant ship smoothly in the cold current of the global economy.
Since then, the supreme leader has repeatedly emphasized the word "new normal" at important central conferences and international conferences, and made a profound analysis and exposition on how to understand, adapt to and lead the new normal.
The Supreme Leader summed up three characteristics of the new normal of China’s economy:speed— — "From high-speed growth to medium-high-speed growth",structure— — "The economic structure has been continuously optimized and upgraded",motive force— — "From factor-driven and investment-driven to innovation-driven".
Under the new normal, China’s economy is gradually evolving to a more advanced form, a more complicated division of labor and a more reasonable structure.
"What do you think?" "How?" "How?"
The first is to be "stable":Carry out the general tone of steady progressGrasp the balance, grasp the opportunity, and grasp the degree; The second is to be "new":Guided by the new development conceptStimulate market vitality and social creativity, and new kinetic energy continues to increase; The third is to be "excellent":Take supply-side structural reform as the main lineOptimize the economic structure and improve the coordination of development.
From 2013 to 2017, China’s economic operation remained in a reasonable range. In 2017, China’s total GDP reached 82.7 trillion yuan, accounting for about 15% of the world economy. China’s economy grew by 6.8% in the first quarter of 2018. Compared with the major economies in the world, the pattern of China’s economic leadership has not changed.
Since the 18th National Congress of the Communist Party of China, faced with the external environment of weak recovery of the world economy, frequent local conflicts and turmoil, and aggravated global problems, the CPC Central Committee with the Supreme Leader as the core has initiated profound changes that have completely changed the economic development mode of China with great strategic vision, great political responsibility and superb control ability, which has enabled China’s economy to maintain steady growth and significantly improved its comprehensive national strength.