The world's next economic recession is shrouded in the clouds, whether it can be resolved, and the Minister of Social Workers and Social Policy of my country, Shang Daman, said that the core is to deal with long -term strategic competition between China and the United States. In particular The possibility of division is two.
Shangdaman attended the Bloomberg Innovation Economic Forum in Beijing at noon today. On a sub -forum entitled how to cope with the next financial crisis, the above view was expressed.
He described the current Sino -US strategic competition as the unknown of the global economy, and warned that if the world's science and technology, standards, and supply chains are split into two, it will be a world of innovation and motivation.
Shangdaman pointed out that the most substantial issue is actually not the next economic recession, but the fundamental fundamental factors, including: Why is the investment in the private sector so weak?Why is the environment full of uncertainty?Why is it slowing down?Why is productive growth so slow?
Speaking of countermeasures to cope with global economic challenges, Shangdanman reminded that this is not to solve more fiscal or monetary policy stimulus. The key is to promote confidence and innovation.In this regard, the current maturity and development of economies still have many uns development investment potential, including a large number of public and private investment required for climate change, digital infrastructure investment in mature economies, especially in developing countries, especiallyAfrican countries expand investment.
In addition to the uncertainty of the strategic competition between China and the United States, Shangdaman also proposed that the world's two other known is unknown.The first is the situation in the Middle East. He metaphorically said: There will always be a possibility of sparks, and now the fire is dry.Secondly, no matter what the source of economic recession is, it is important to respond to the government's social anxiety and depression in today's government.(Reported by Lin Zhanting, a special commissioner in Beijing)
