2023 is the first year for China’s economy to return to normal after the epidemic. Originally, the market expected that China’s economy would rebound very strongly and drive the global economy to grow at the same time. Unfortunately, contrary to expectations, the rebound of China’s economy after the epidemic is far less strong than expected, which has led to concerns that China’s economy will lose momentum from now on. This kind of worry has caused many investors to lose confidence in China’s prospects, so that when the stock markets in most parts of the world have achieved good gains in 2023, China’s stock market has languished alone, falling by more than 10%, completely affected by the There is no benefit of returning to normal after the epidemic.
Some people attribute this situation to deliberate suppression by the United States. This is indeed a fact that cannot be underestimated. Not only has the U.S. tariffs on Chinese exports not been lifted, it has also continued to add to the list of restrictions on Chinese products entering the United States. Whenever Chinese products show competitiveness in the market, the U.S. government will use administrative measures to impose sanctions and crackdowns; for products that China cannot produce itself but urgently needs to be imported, the U.S. will mobilize its allies to ban sales to China around the world. Recently, the United States’ targeting of China has expanded from the trade level to the technological level, the cultural level, the financial level, and even the political and military levels. It seems that the United States’ tit-for-tat confrontation with China will only intensify in 2024, and no matter who is elected as president, it will not make much difference.
Therefore, if China wants its economy to regain its vitality in 2024, it cannot rely on the United States to be merciful, but must rely on its own efforts. China has a population of 1.4 billion with a certain level of education, infrastructure that is even more advanced than that of European and American countries, and a group of entrepreneurs with unique business capabilities. As long as the government can return its focus to economic construction, It also allows Chinese entrepreneurs to have more room for development. Internal circulation alone is enough to revitalize China’s economy.
In fact, if we want to improve China’s economy, there are quite a few areas that can be focused on. As for a group of Chinese entrepreneurs I have come into contact with, they generally have the following opinions:
(1) At this stage, China should still focus on economic construction. Development is the last word. Only with an economic foundation can we develop a socialist model with Chinese characteristics.
(2) The Western distribution model does have shortcomings. China should take the road of common prosperity, but it should first conduct pilot projects to sum up experience, establish first and then break; it should not shake the existing system before the new system is perfected and rely on it to operate. system.
(3) If the economy is to be dynamic, it must be done at the same time. Entrepreneurs must be allowed more room for autonomy. Government monitoring cannot be too tight. If everything must be obeyed by the government, many business opportunities will be lost.
(4) For some problems that have been exposed and confirmed to be unable to be solved by market forces alone, the state must take action to solve them and act decisively to prevent the failure from spreading and causing greater harm to the economy.
(5) China’s economy currently has many problems. If we don’t flood the problem with water, we must launch more specific policies to deal with it. It is a pity that Chinese officials currently do not dare to take the initiative to take responsibility. Specific policies must be decided by superiors. Such a response is too slow and may cause more harm. In this case, the flood of monetary policy cannot be completely dispensed with.
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2024-01-08 20:31:56
