Sheng Songcheng, former director of the survey and Statistics Department of the people's Bank of China, said that from the perspective of cyclical factors, China's economy has reached the bottom of the stage, and it is expected that the annual GDP growth rate will not be less than 6.1%, or even slightly higher this year. According to the current economic operation and policy measures, under normal circumstances, the economy will not fall below 6%, or even slightly higher in the next year.
The first financial website quoted it as saying that in terms of structural factors, the trend of economic stability towards good and long-term good has not changed. So the problem of "6" or not may not exist. It is important to deepen reform, expand opening-up, promote economic transformation and upgrading, improve the enthusiasm of the whole society and enhance long-term potential productivity.
He also said that China US economic and trade relations are an important factor affecting China's foreign trade. From the current progress of China US economic and trade negotiations, the decline of foreign trade is almost bottomed out.
The trade war between the United States and China cooled on Friday, with both sides announcing a "first stage" agreement, in which the United States reduced some tariffs on Chinese goods in exchange for China's increased purchase of American agricultural products and other goods.
Sheng pointed out that with the implementation of positive fiscal policies, the continuous promotion of economic restructuring, transformation and upgrading, investment will bottom out and pick up. Infrastructure investment is expected to continue to rise; the downward trend of real estate investment may be reversed; in addition, high-tech investment is expected to maintain a high growth rate.
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