China Development Forum 2018: focusing on "China in the new era".

The "2018 Conference on China Development Forum", sponsored by the development and research center of the State Council, was held in Beijing yesterday. This is the first national large international forum held by China after the two sessions, which will continue to No. 26. In the official forum meeting, China senior government will work with the global business and political elite, Chinese and foreign scholars around the "new era China" theme, "towards high quality development" and "global perspective Chinese tax reform" and "supply side structural reforms in the financial policy" to promote the formation of new opening the pattern of the major topics discussed.

Wang Yiming: China turns from heel to run, run and lead in the field of science and technology

Yesterday's forum focused on different topics such as "the new agenda for world economy", "forty years of reform and opening up", "preventing today's major risks" and "Sino US relations in the new era". Wang Yiming, deputy director of the development research center of the State Council, pointed out that after many years of adjustment, China's economy has undergone many positive changes. The contribution of consumption and services to economic growth has been greatly improved, and is becoming a strong driving force for China's economic growth. At the same time, in the field of science and technology, China is shifting from heel to running, running and running. Wang Yiming believes that reform and opening up is the source of the driving force for China's rapid economic growth in the past 40 years. These positive changes have created the conditions for China's economy to shift from high speed growth stage to high quality development stage.

Yifu Lin: why there is no crisis in China from planned economy to market economy

Yifu Lin, the president of the new structural Economics Research Institute of Peking University, focused on the Chinese experience in the construction of market economy. He believes that the important experience of China in the construction of market economy is very important to other developing countries.

Yifu Lin: China is pragmatic and gradual. Those old industries are very compact and have large scale. They are related to employment and national security. That's the old way to maintain stability with transformation protection subsidies. As for those industries that used to be in line with China's comparative advantages, private enterprises began to enter the relevant fields, and foreign enterprises could also enter. In fact, China brings many hopes to the world, because all developing countries have the advantage of latecomers. If they learn to take advantage of the latecomers, they will be able to achieve rapid economic growth like China and solve the problem of poverty.
The turn of China's economy to high - quality development will create more opportunities for countries to expand their investment and export.

At the forum, the participants from the international conference expressed that "China in the new era" will bring new impetus to the world economy and bring more new opportunities for all countries. Gao Yiya, chairman of Bloomberg limited partnership, said China's role in promoting the global economy will become more and more obvious and important. Oliver Bate, chairman and chief executive of the board of the Allianz Group, said that there will be more opportunities in the process of transforming China's economy from high speed to high quality.

Oliver Bate: we think this is a very good opportunity, a very good change. It includes the field of environment, sustainable development, health, and people's livelihood. We have a lot of technology and products. With the transformation of China's economy from high speed to high quality, we believe there will be more opportunities.

SIEMENS president and CEO of Limited by Share Ltd, Kay SA said, in the next China very confident.

Kai Sa: this year, the theme of the conference is to embrace the new era, there are many areas like the digital development of new energy, we are in force, so we next development in Chinese very confident.


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