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20 18 what will happen to China's economy?
Mao Shengyong also said that from the inside, consumption can continue the good trend of sustained and rapid growth in scale, accelerated pace of structural upgrading and continuous improvement in contribution to growth. At present, investment shows a trend of slowing down and stabilizing. Generally speaking, the manufacturing industry will accelerate its revitalization next year, manufacturing investment is likely to continue to pick up, infrastructure will remain relatively stable, and real estate investment will not have ups and downs, so the whole investment should be able to maintain a generally stable development trend.
At present, China's economy has shifted from a high-speed growth stage to a high-quality development stage. The Central Economic Work Conference pointed out that in 20 18, we should focus on promoting high-quality development, do a good job in deepening supply-side structural reform, stimulating the vitality of various market players, implementing rural revitalization strategy, implementing regional coordinated development strategy, promoting the formation of a new pattern of comprehensive opening up, and improving the protection of people's livelihood.
The Blue Book of Economy 20 18 by China Academy of Social Sciences points out that there are many positive factors in economic growth in 20 18: a new round of opening up and the active promotion of the Belt and Road construction will stabilize and stimulate China's external demand; The scale of employment in China continues to expand, and the survey unemployment rate remains at the lowest level since 20 13 years; Social stability, steady growth of residents' income, stable consumption expectations, rapid development of new consumption formats and continuous improvement of consumption quality.
The Blue Book predicts that the GDP growth rate of China will be 6.7% in 20 18, and there will be no "hard landing". As the economic and social development has a good supporting foundation and many favorable conditions, employment and prices remain basically stable, and the quality and efficiency of development are expected to continue to improve. Under the new normal, China's economy will maintain a stable and positive development trend.
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