Famous economist Zhang Yansheng: Forecast of the new normal economic policy in 2019

There are still 10 days from the 11th (2019) industry conference held from March 29th to 30th. At that time, more than a thousand industry players, brands, distributors, retailers and licensees, as well as more than 30 domestic and internationally influential and representative opinion leaders will gather together.

Focus on global trends, and explore in depth the development opportunities and challenges of IP licensing, baby products, toys, pre-school education, and lead the Chinese intellectual and Chinese layout. Zhang Yansheng, a well-known economist and former secretary-general of the Academic Committee of the National Development and Reform Commission, will give the public a wonderful speech on “Macroeconomics and Policies under the New Normal” during the industry conference.

New Opportunities: Opportunities Brought by the Unchanging Changes in the Past 100 Years

In 2019, China's economy is facing tremendous opportunities. This new opportunity is a new opportunity that has not changed in a hundred years. At present, the uncertainties in the world economy have intensified. As the second largest world economy, China is constantly practicing internal strength, promoting development, and finding more potential opportunities in the process of big countries.

The 2019 Central Economic Work Conference stated that China's development is still in the long-term and important strategic opportunity period. Zhang Yansheng believes that this judgment is crucial for the development of the medium and long term.

New era: reform and opening up

China’s reform and opening up has gone through 40 years and has achieved fruitful results. Today, reform and opening up must continue to move forward and start again. The Central Economic Work Conference pointed out that our opening is moving from the opening of goods and factors to the opening of rules and other institutional types.

Institutional openness is to connect with international advanced rules, standards, and systems. The next step in reform and opening up is that the high-end market of our market economy is beginning to open up and begin to promote the optimization of resource allocation in the world. From this perspective The Chinese economy is in a new era and a new stage.

New concept: from acceleration to high quality

The new concept is that we grow from acceleration to high quality. High-quality development means innovation, coordinated development, green development, open development, and shared development. It is cracked from five perspectives: supply, demand, input and output of factors, and distribution. The macroeconomic cycle is designed to meet the needs of the people for a better and better life.

New prospects: looking at the future from a global landscape

In the 2018 Global Innovation Index, China ranked 17th. In 2017, it ranked 22nd and ranked 25th in 2016. China's innovation has entered a fast-moving channel in the world.

Judging from the situation of the world's top 500, we can see that there are 120 Chinese companies in the top 500 global enterprises in 2018, 20 more than the 100 in 2014. However, the problem of Chinese enterprises’ big but not strong is still to be resolved.

Industry conferences interpret industry policies and broaden economic horizons

The 11th (2019) Industry Conference, hosted by the China Toys and Baby Products Association, this year's theme is “Foreseeing 2019·Convergence”. Zhang Yansheng will explain in detail the macroeconomics, Sino-US trade friction, manufacturing transformation and upgrading, and the central economy. Hot topics such as work reports allow you to think about the future and direction of the industry and the company from a new perspective.

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