Industry Summit | Zhang Liqun: Infrastructure Investment Is Expected to Strengthen Further This Year

2023-03-15 13:28:29

Zhang Liqun, a researcher at the Development Research Center of the State Council, brought a brilliant report to the Summit on the theme of "Accelerating the Construction of a New Development Pattern and Opening a New Cycle of Economic Growth as soon as possible".

On the morning of

March 15, the "2023 China Cement Industry Summit" hosted by China Cement Network was successfully held. Zhang Liqun, a researcher at the Development Research Center of the State Council, brought a brilliant report to the Summit on the theme of "Accelerating the Construction of a New Development Pattern and Opening a New Cycle of Economic Growth as soon as possible". & nbsp; & nbsp;

Zhang Liqun said that due to the unexpected impact of the epidemic, the overall growth rate of China's economy will decline and fluctuate at the bottom in 2022. Last year, GDP grew by 3%, down 5.1 percentage points from 2021.

Despite the gradual slowdown of domestic economic development last year, Zhang Liqun believes that Chinese-style modernization still has huge growth potential and broad development space. The potential growth rate of Chinese modernization is still above 8%. The report of the 20th National Congress of the Communist Party of China (CPC)

pointed out that Chinese-style modernization is a modernization with a huge population. China's population of more than 1.4 billion has entered a modern society as a whole, with a scale exceeding the total population of the existing developed countries, unprecedented arduousness and complexity, and the way of development and promotion is bound to have its own characteristics.

Looking forward to the 14th Five-Year Plan, Zhang Liqun judged that China is still in a historical period of sustained and rapid industrialization, urbanization, informatization and agricultural modernization, and the economy is necessary and capable of maintaining a relatively rapid development trend.

In the face of the current market development trend, Zhang Liqun said that the industry should speed up the construction of a new development pattern, focus on promoting high-quality development, focus on expanding domestic demand, and effectively respond to demand contraction. Strengthening infrastructure construction

in an all-round way has become a major and urgent task to expand domestic demand, stabilize growth, protect people's livelihood and lay a high-level foundation for the long-term goal of modernization. On April 26, 2022, the 11th meeting of the Central Committee on Finance and Economics stressed the need to comprehensively strengthen infrastructure construction, build a modern infrastructure system, and lay a solid foundation for building a socialist modern country in an all-round way.

This year, the government has increased investment and policy stimulus, and arranged 3.8 trillion yuan of special bonds for local governments. Infrastructure investment will strengthen further this year.

In addition, with regard to the real estate industry, Zhang Liqun also said that the prospects for the recovery of the real estate market are clear, and that real estate investment is more likely to stabilize and rebound at the bottom.

As infrastructure investment continues to strengthen and real estate investment stabilizes, Zhang Liqun expects that investment will show a strong rebound trend in 2023. This will lead to the full recovery of enterprise production and the overall improvement of the employment situation. The high-quality development of the

cement industry has a long way to go. In the face of new difficulties and challenges, Zhang Liqun said that the industry should actively seize the development opportunities, develop and strengthen itself in a timely manner, and closely combine the achievements of improving enterprise efficiency with technological progress and the improvement of green development capacity.   

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Zhang Liqun, a researcher at the Development Research Center of the State Council, brought a brilliant report to the Summit on the theme of "Accelerating the Construction of a New Development Pattern and Opening a New Cycle of Economic Growth as soon as possible".

2023-03-15 13:28:29