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The intensity of macro policy support needs to continue to be optimized and strengthened. Big names in the industry are hotly discussing the current path of economic and technological empowerment of the manufacturing industry.

2023-09-25 13:55:22

abstract:Today, at the "2023 China Real Economy Development Conference" held in Dongguan, political, business and academic circles discussed the path for technological innovation to empower advanced manufacturing in the context of changes in the global supply ch
Today, at the "2023 China Real Economy Development Conference" held in Dongguan, political, business and academic circles discussed the path for technological innovation to empower advanced manufacturing in the context of changes in the global supply chain, and provided suggestions for further broadening the development space of Dongguan's manufacturing industry. Offer advice.

Participants believed that my country's economy as a whole is showing a recovery and rebound trend, but it must also be clearly recognized that the task of stabilizing the economy and promoting development is still relatively arduous. The recovery of the economy not only requires greater policy support and promotion, but also requires sustained efforts, long-term success, and accumulation of energy. To promote high-quality development of the manufacturing industry, we first require stable and sustainable growth. The economic growth rate cannot fluctuate greatly, nor can it deviate from the potential growth rate for a long time. We should focus on promoting the innovative development of the manufacturing industry and continue to promote the digital and intelligent transformation and green transformation of the manufacturing industry.

The economy is stabilizing and recovering, but the intensity of macroeconomic policy support cannot be relaxed and needs to be continuously optimized and strengthened.

Our country’s economy is showing a trend of recovery and rebound. Zhang Junkuo, deputy director of the Proposal Committee of the 14th National Committee of the Chinese People's Political Consultative Conference, chairman of the China Development Research Foundation, and former deputy director of the Development Research Center of the State Council, said at the meeting that from the recent economic data released by the National Bureau of Statistics for the first eight months of this year Judging from the data, since the beginning of this year, with the weakening of the impact of the epidemic and the implementation of various policies and measures to stabilize the economy and promote development, our country's economy has generally shown a trend of recovery and rebound. Especially judging from the data for the month of August, it has stabilized and rebounded. The trend is more obvious.
2023 China Real Economy Development Conference, macro policy support needs to continue to be optimized and strengthened
The "2023 Global CEO Survey and M&A Transaction Market Outlook" recently released by Ernst & Young also pointed out that in the context of the global economy facing huge uncertainty, the Chinese CEOs surveyed are relatively optimistic about the global economy and the Chinese economy, but they need to strengthen long-term risk management. The survey found that in the context of the global economy facing huge uncertainty, compared with the survey half a year ago, the Chinese CEOs surveyed were relatively cautiously optimistic about the development of the global and Chinese economies. This seems to reflect the CEOs’ confidence in the recent series of policy measures launched by the Chinese government to expand domestic demand, boost expectations, and activate the capital market.

At the same time, an Ernst & Young survey shows that after experiencing a cold winter at the beginning of the year in 2023, the domestic investment and financing market will gradually pick up, driven by advanced manufacturing, new energy vehicles and other tracks. Excluding the impact of a single large transaction, the transaction volume will gradually rise from the lowest point of 36 billion yuan in March to 65 billion yuan in August. 59% of global CEOs and 74% of Chinese CEOs plan to conduct M&A transactions in the next 12 months, which is almost a record high.

"While seeing that the economy as a whole is showing a stabilizing and rebounding trend, we must also be soberly aware that the current foundation for economic recovery is not yet solid." Zhang Junkuan further said that looking into the future, both the situation faced by domestic demand growth and the growth of external demand Judging from the current environment, the task of stabilizing the economy and promoting development is still relatively arduous.

Zhang Junkuo emphasized that promoting high-quality development of the manufacturing industry first requires stable and sustainable growth. The economic growth rate can neither fluctuate greatly nor deviate from the potential growth rate for a long time. through

Article Source:Forex website

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