Ha jiming: China's development in the next 20 years will turn inland

"Financial reporter Wang Biqiang" "Migrant workers return home, the problem of the implementation of family planning policies and other factors, will make the labor supply to the western region, which will make China's development in the next 20 years from the coast to the West inland region." "December 17, the managing director of Goldman Sachs Hong Kong Investment Bank, a special economist at the Bo Yuan Foundation, said at Caijing's annual meeting that Ha said that future growth in emerging markets could be more likely to come from domestic demand, particularly consumer and infrastructure investment.　　This is because emerging market demand for exports is linked to developed countries, and if exports from developed countries fall, growth in emerging markets can only depend on domestic demand. So he believes that pulling consumption is the main area of investors.　　In addition, in regional development, the extension to the inland region may also be a major trend in the future. In addition to international factors, HA also believes that China may have special factors, China now many of the labor force is not the same as in the past decade, 20 years ago, a large influx of coastal cities.　　A significant portion of them, even some of the more skilled middle-aged migrant workers, are returning to their original place of birth, that is, migrant workers returning home. The age of migrant workers has not allowed them to flee their homes as long as they were 20 years of age, Ha said.　　This part of the migrant workers, because they have been working in the coastal areas for 10 years, 20 years, their technical level is relatively high.　　In addition, when China's family planning policy, the lowest birth rate may be the coastal areas, at that time the implementation of a relatively large, while the central and western regions are relatively high birth rate.　　Therefore, Ha said that 20 years ago must be the rapid growth of coastal areas, this is due to the relatively low social burden, on the other hand, there is a large number of rural surplus labor from the countryside to the city.　　And now many migrant workers have returned to their Midwest home, and the babies born at the time of the Midwest's high birth rate have now grown into groups that can look for jobs in the labour market, raising the supply of labor in the Midwest sharply.　　"There's an old saying in China," 30 East, 30 years of Hexi ', we see 20 years of coastal, 20 years inland, the first 20 years is past, after 20 years is the future, Ha said, because the inland area social dependency rate is significantly lower than the coastal areas, the future of China's aging may be the first to appear in the coastal areas. "Author: caijing reporter Wang Biqiang"