Industry Summit | Zhang Liqun: China's Economy Will Enter the Track of Sustained Recovery

2025-03-19 11:17:17

On March 14, the 14th China Cement Industry Summit and TOP100 Award Ceremony hosted by China Cement Network was held in Hangzhou. Zhang Liqun, a researcher in the Department of Macroeconomic Research of the Development Research Center of the State Council, brought the theme report "Focus on Expanding Domestic Demand and Opening a New Cycle of Economic Growth as soon as possible-Analysis and Prospect of Macroeconomic Situation in 2025".

On March 14, the 14th China Cement Industry Summit and TOP100 Award Ceremony hosted by China Cement Network was held in Hangzhou. Zhang Liqun, a researcher in the Department of Macroeconomic Research of the Development Research Center of the State Council, brought the theme report "Focus on Expanding Domestic Demand and Opening a New Cycle of Economic Growth as soon as possible-Analysis and Prospect of Macroeconomic Situation in 2025".

Zhang Liqun believes that Chinese modernization has great potential for growth. China's economy has a relatively strong material and technological foundation, a relatively abundant supply of factors, and a very large domestic market, so it has a huge growth potential, with a potential growth rate of more than 8%.

It can be predicted that in the face of shrinking demand and the increasing downward pressure on the economy caused by it, counter-cyclical macroeconomic policies will continue to be strengthened, and the growth rate of government infrastructure investment will continue to increase under the impetus of a package of incremental policy innovation, sustained creative efforts and additional efforts, and the supporting role of enterprise orders will continue to increase. The production and investment activities of enterprises will continue to be active, the employment situation will continue to improve, and the consumption recovery supported by the growth of residents'income will become increasingly obvious. China's economy is bound to enter a good track of sustained recovery, and China is bound to start a new growth cycle of sustained recovery of economic growth.

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On March 14, the 14th China Cement Industry Summit and TOP100 Award Ceremony hosted by China Cement Network was held in Hangzhou. Zhang Liqun, a researcher in the Department of Macroeconomic Research of the Development Research Center of the State Council, brought the theme report "Focus on Expanding Domestic Demand and Opening a New Cycle of Economic Growth as soon as possible-Analysis and Prospect of Macroeconomic Situation in 2025".

2025-03-19 11:17:17

In accordance with the relevant provisions of the Detailed Rules for the Implementation of the Pre-reorganisation of the Intermediate People's Court of Changchun City, Jilin Province (for Trial Implementation), during the period of pre-reorganisation, the Company and some of its subsidiaries subject to pre-reorganisation shall not pay off their debts except for the necessary expenses for the continued operation of the enterprise and the maintenance of its operating value. As at the date of this announcement, the principal and interest of overdue debts of the Company and its subsidiaries amounted to RMB6.959 billion, representing 1,124.30% of the latest audited net assets attributable to the parent company of the Company.