2023 has passed and 2024 has arrived. The New Year’s message delivered by President Xi Jinping contains many subtle words and great meanings.
First, high-quality development. China is already the world’s second largest economy, with an annual GDP growth of 4 to 5%, which is equivalent to generating the GDP of a country as big as Saudi Arabia. The country’s development has reached the deep water zone. Further development in the future will naturally rely on innovative industries, because innovative industries are different from labor-intensive manufacturing industries. The added value of innovative industries is very high and the benefits they bring are great.
President Xi’s New Year’s message mentioned: “This year, we have made very powerful steps. After a long period of hard work, China’s innovation power and development vitality are surging. The C919 large aircraft has achieved commercial flight, and domestically produced large cruise ships Completed sea trials, Shenzhou family space relay, and “Struggle” extreme deep dive. Domestic fashion brands are very popular, new domestic mobile phones are hard to find, new energy vehicles, lithium batteries, and photovoltaic products have added new highlights to Chinese manufacturing. China As we strive to climb with the spirit of constant self-improvement, there are ever-changing creations everywhere.”
When Hong Kong thinks about its future development role, how can it contribute to the country’s high-quality development? Whether it is through innovation and technology or creating a financial platform for Hong Kong, it must integrate Hong Kong’s development with the country’s future development. Only then can Hong Kong find the momentum for development.
Second, face difficulties head-on. After the epidemic, the economy has returned to normal, but both the mainland and Hong Kong economies are facing new challenges. Under the premise of a sharp increase in interest rates in the United States, emerging economies around the world have gone through hardships, and the mainland and Hong Kong are no exception.
President Xi said in his New Year’s message: “On the road ahead, it is normal to have ups and downs. Some companies are facing operating pressures, some people are encountering difficulties in employment and life, and natural disasters such as floods, typhoons, and earthquakes have occurred in some places. These are what we We are all in our hearts. I am deeply moved by the fact that everyone is not afraid of the wind and rain, helping each other, facing challenges head-on, and overcoming difficulties.”
Some people ask why China does not “flood the economy” when it encounters economic difficulties and prints a large amount of money to solve the problem. In fact, printing a large amount of money hides the problem. It will reduce the suffering of the people in the immediate future, but it will plant a structural bomb in the long run. In 2008, China launched a huge fiscal stimulus of RMB 4 trillion at the suggestion of the United States. By the following year, China’s M2 money supply had grown by as much as 26%, resulting in a large amount of exaggerated waste. According to economist analysis, with the current scale of the mainland’s economy, to achieve the same stimulus, a huge stimulus budget of 12 trillion yuan is needed. China has learned the lessons of that year and will not do the same thing again, so it needs precise stimulation.
Third, ordinary people can live a good life. China’s economy is growing day by day, and China is striving towards the goal of becoming a powerful country. The United States treats others as its own and China as its enemy, believing that China will compete with her for the status of world hegemony. President Xi once again discussed China’s goals in his New Year’s message. He said: “Our goals are both ambitious and simple. In the final analysis, they are to let the people live a better life. The upbringing and education of children, the employment and success of young people, the elderly People’s medical care and elderly care are both family and state affairs, and everyone must work together to get these things done well.”
President Xi’s speech is tantamount to telling the Americans that China’s economic development is not to achieve global hegemony, but to lead a better life for the Chinese people. However, if the United States wants to hinder China’s development, it will be equal to single-handedly stifling the happiness prospects of the Chinese people. China will naturally Will not accept it.
After listening to President Xi’s speech, you will have a better understanding of China’s future development, and you will also understand that the difficulties encountered by Hong Kong are just one of the thousands of difficulties faced by the entire country, but when there are thousands of links If we all work together, forge ahead and solve the difficulties, the whole country will be better.
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Lu Yongxiong
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2024-01-04 16:00:00
