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How to treat the current economic situation?
Analysis and Prospect of China's Economic Situation in 20 10

20 10 China's economy will continue to grow steadily on the basis of the current gradual stabilization and recovery. It is estimated that GDP will increase by about 9.5%, industrial added value by about 13.5%, urban fixed assets investment by about 24%, total retail sales of social consumer goods by about 20%, exports by about 13.0% and imports by about 65,433.

In 2009, China's economy went out of the downward track and successfully achieved the growth target of "eight guarantees", mainly due to a series of national economic stimulus policies of "ensuring growth and restructuring". Whether it is the 4 trillion investment, the ten major industrial revitalization plans, or the measures to improve people's livelihood, start the rural consumer market, and promote urban consumption, they have all played an effective role in completing the "eight guarantees" growth task. This also shows the important role of the government's macro-control policies in China's economy. On the one hand, it shows that the China government's ability to control the economy is increasing, on the other hand, it also shows that the long-term growth momentum of China's economy is highly dependent on policies. At present, there are many uncertain factors in China's economy, and some unfavorable factors that restrict economic growth are extremely obvious. On the good basis of 2009, the current economic situation has maintained a good momentum. Coupled with a series of policies adopted by the government to stimulate the economy and measures to continue to promote investment growth, residents' consumption maintained steady growth in the first half of 20 10, and there were many growth factors in consumer demand in 20 10. First of all, with the economic recovery, the improvement of production and operation efficiency of industrial enterprises, the return of migrant workers to cities and the guarantee of agricultural products sales, the income of urban and rural residents is expected to continue to increase on the basis of steady growth in 2009. Secondly, China's consumption structure is in an accelerated upgrading period, and new consumption such as automobiles, tourism, culture, leisure and entertainment is spreading from big cities to small and medium-sized cities. Although buying a house is not included in the consumption accounting, the recovery of the real estate market will once again drive the consumption of home improvement, furniture and household appliances to heat up; Third, the continuous improvement of the social security system and the deepening of the reform of the income distribution system have greatly enhanced the consumer confidence of residents. Fourth, after the Sanlu milk powder incident, the government strengthened market supervision, actively created a safe, healthy and fair consumption atmosphere, and the consumption environment continued to improve. In addition, foreign trade exports have gradually increased, and the road to full recovery is bumpy. For a long time, the European Union, the United States and Japan are China's three major trading partners, and China's exports are closely related to its economic situation. 20 10 China's economy is facing structural adjustment, including structural adjustment of foreign trade. Foreign trade support policies encourage the export of high value-added and high-tech products, while restricting the export of primary products, raw materials and simple processing trade commodities. The adjustment of foreign trade structure will restrict exports to some extent in the short term. In addition, the resurgence of global trade protectionism has made China's export environment more and more difficult, while the consumption patterns of economically developed countries have changed greatly after the financial crisis, and now the household savings rates of all countries are rising. The change of residents' consumption concept in western countries will inevitably lead to the reduction of consumption demand in the international market and ultimately affect China's foreign trade exports. Therefore, although China's foreign trade exports will increase greatly in 20 10, it is difficult and bumpy to return to the period of rapid economic growth.

At present, China's economy is in a recovery period, with a stable trend throughout the year, and the GDP growth rate is high before and low after, so it is unlikely to fluctuate greatly. However, economic growth is highly dependent on policies, and there are many unfavorable factors affecting economic growth, and the task of economic restructuring is extremely arduous. Combined with the long-term goal of maintaining economic coordination and sustainable development, the government should strengthen the policy of "promoting domestic demand and adjusting structure" while realizing the 20 10 goal of "maintaining growth", unswervingly implement structural adjustment and change of growth mode, and improve the ability of sustainable development; While maintaining the continuity and stability of policies, we should pay attention to improving the coordination of macro-control policies and promoting sound and rapid economic development. In particular, we should continue to play the guiding role of the government in improving the investment structure. At present, the impetus of China's economic growth comes from the stimulus of policies to a great extent. If the driving force of growth is changed from "policy-stimulated domestic demand growth" to "independent domestic demand growth", we must first break the institutional constraints in the investment field, and the government's investment objectives should focus on people's livelihood projects such as science and technology culture, basic education, public health, social security, environmental protection, farmland water conservancy and social welfare. In view of the backward production capacity and inefficient redundant construction that restrict the long-term healthy development of China's economy, we will speed up the introduction of competition mechanism, cancel the unreasonable restrictive industry access system, and allow private capital to enter monopoly industries such as railways, aviation, postal services, communications, electricity and energy. In addition, financial supervision should be strengthened to prevent financial risks, and at the same time, the supply of affordable housing should be effectively increased to curb the excessive rise in housing prices and curb the artificial price increase in monopoly industries. Reduce inflationary pressure, deepen the reform of income distribution system, increase residents' income, increase the proportion of consumption in domestic demand, conform to the development trend of "low carbon economy", and continue to promote "energy conservation and emission reduction" and other measures.