(Beijing Comprehensive News) Lin Yifu, a well -known economist in China, believes that the Chinese economy should still have a huge potential to grow at 8%in the next 20 years.
According to the "Beijing News", Chinanews, and Sina Finance reports, Lin Yifu, Honorary Dean of the National Development Research Institute of Peking University, said at the 2018 Symposium on the 2018 China Development High -level Forum: And "And" even if 9%of the year in a row of 39 consecutive years, "Under the rate, China's growth potential is still huge, because China still has great potential in terms of innovation, and it is still promising. ANDRDQUO;
He believes that China still has very strong economic development potential.The degree of realization of this potential depends on the international economic situation and whether China can further deepen domestic reform, and it also depends on whether China can cope with external challenges in the process of technological innovation and industrial upgrading.
He pointed out that And "Made in China 2025Andrdquo; Strategic can help China to deal with external problems, and to achieve the goal of further release of potential to maintain a high economic growth rate, even if it is not 9%high, it may maintain a growth rate of more than 6%or more. China needs such growth, and China's growth is also good for the world.
Lin Yifu, who was the chief economist of the World Bank, pointed out when talking about Sino -US issues that Sino -US trade is a win -win situation. Trade depends on the comparative advantage. As long as there is a comparative advantage, it will bring a win -win results.
Considering the complementary nature of the Sino -US economic structure, trade means that China can provide American consumers with cheap products and low -cost middle products, and can also provide huge markets for American products, especially high value -added services.
