China's economy is large, but it lacks the premise of sustainable development.
First of all, China is backward in productivity. Even if American science and technology stop advancing, it will take China at least 50 years to catch up militarily and economically. The most terrible thing is that China's industrial structure is backward. Because of political reasons, no one is willing to invest in innovation, and the industry can only be a low-end processing industry without intellectual property rights.
The greater downward pressure on China's economy comes from overthrowing the Troika, foreign trade declining year after year, and real estate kidnapping the economy, which will lead to the paralysis of the downstream industrial chain, and the rescue of the market will lead to a growing bubble, which will eventually be difficult to control and the economy will completely collapse.
Therefore, behind China's economic prosperity, there are more crises. Now it is not a question of how to increase GDP, but a question of how to stop the economic downturn. Otherwise, within two years, China's manufacturing industry will face collapse (personal prosperity is not enough to save the country), real estate will have no market value, and banks will have bad debts.
Explain some measures by the way. The Belt and Road Initiative is to save foreign trade. The interest rate cut is to save real estate. Returning home to start a business is to solve the surplus labor force in the closed manufacturing industry.