01 Viewpoint

China recently announced that the manufacturing purchase manager index (PMI) in May, which compares the official data of large state -owned enterprises, recorded 50.6, compared the financial new records of small and medium -sized private enterprises, and both continued to be on the line of honor.Although the latest data does not mean that the concerns of China's economic prospects have disappeared, at least on behalf of China's controlling the spread of the new crown epidemic, the economy is restarted in an orderly manner to continue to develop towards the front.Looking at the current international situation, China's economic performance is already a group of chickens, which is more faster than Europe, the United States and other regions.The global crisis caused by the new crown virus may become another financial tsunami and an opportunity for China to accelerate to catch up with the United States.

China ’s manufacturing PMI in May is above 50, reflecting that China's manufacturing industry is in a stable expansion stage.It mainly reflects that PMI, the official manufacturing industry of large state -owned enterprises, has been in 50 consecutive months since March. With the help of the new crown epidemic and the help of active economic policies, the manufacturing industry has gradually entered a good view.This means that the impact of the new crown epidemic on the global strike on the Chinese economy is gradually being absorbed.On the other hand, the PMI of Caixin Manufacturing Industry is 50.7, which is the first expansion area that weighs more than 50 since the outbreak of the new crown epidemic.

The key to soft landing in the domestic demand market

Of course, there are still many problems to be dealt with in the future of the Chinese economy, and it is absolutely not possible to relax.During the two sessions at the end of last month, the central government rarely canceled the quantitative indicator of GDP growth this year, indicating that this year's economic development is indeed not optimistic.On the other hand, the new crown epidemic is still serious internationally. Even if many countries have to restart the economy, they may cause a second wave of epidemic and restrict China's foreign trade industry.In addition, when China broke out abroad, it transformed production capacity in a timely manner to make anti -epidemic supplies such as masks and ventilators, alleviating some economic impact.However, the market for epidemic prevention does not last long. China must accelerate the conversion to the domestic demand market to make the economy soft.

However, overall, although there are still many considerations, data also reflects that China is the first to gradually return to normal from the economic recession brought by the new crown epidemic.In 2008, the United States triggered a financial turmoil. China first revived the economy from the economic recession, and its gap was closer to the gap between China and the United States.At present, China has achieved results, but the domestic epidemic in the United States has not yet been controlled, and the risk of the outbreak of the epidemic has restarted the economy.At this time, the United States broke out again on a large -scale demonstration caused by racial discrimination, and multiple cities were forced to have a curfew.Although the demonstration itself may not be directly damaged by the economy, it is more serious in social contradictions during the disclosure of the United States in the national blockade of the United States.Even though demonstrations can calmly calm down, social contradictions after restarting the economy will not simply disappear, and the recovery of the real economy is likely to go smoothly.

Someists infer that the new crown epidemic has made China catching up with the United States for five years.Of course, five years can be considered, but in terms of current situations, China does win a lot of time to catch up with the United States.At present, China and the United States are in a period of comprehensive wrestling. In the era of the post -epidemic period, China can fight for the fastest speed to restart the economy and further pull closer to the distance between China and the United States, which is of natural significance for this wrestling.