Twelve-Five Planning direction surface weakening economic growth indicators

To improve people's livelihood, to solve the problem of restricting the development of deep-seated contradictions, speed up the transformation of the development approach, through economic, environmental, social readjustment, to find the best way to achieve economic, green development and inclusive growth wen/"Financial national weekly" reporter Han January 19, at the National Development and Reform Commission, held in the Asian Bank of China　　Twelve-Five "International Symposium on Planning Direction and Policy", Xu Xianping, deputy director of the National Development and Reform Commission, announced that China's "Twelve-Five" planning work has been fully launched.　　Around this plan, the Chinese government has hundreds of topics for the global public bidding, the first in the five-year development planning joint international agencies to carry out research, in the form of a seminar to "Learn from the world." This is a brainstorming session without precedent.　　31 provinces and autonomous regions of the country responsible for the development of "Twelve-Five" planning officials were present, with the World Bank, the Asian Development Bank, EU officials in Beijing, Oxford University, Harvard University professors, and other well-known domestic and foreign economists face-to-face, on China's future development path to open a direct dialogue. "China's economy, decision-making and the global economy are increasingly interconnected, and we hope that the ' Twelve-Five ' program will be upgraded in the interaction between the maker and the global think-tank."　　"The National Development and Reform Commission related officials to the financial and economic National Weekly reporter said."　　Weakening the economic growth index "Twelve-Five" period of the Chinese economic growth rate, has become the focus of the seminar on the topic. During the "Eleven-Five" period, China's real annual economic growth rate was higher than the growth rate of "doubling" (7.2%) and the "Eleven-Five" Planning target growth rate (7.5%). "Twelve-Five" period, whether can maintain such high growth rate?　　Is it still necessary to maintain such a high rate of growth? Yiming, deputy dean of the National Development and Reform Commission's Macroeconomic Research Institute, said that in the coming period, the external environment of China's economic development will be a "slow recovery of the world economy". The financial crisis has brought the global economy into a difficult adjustment process, and it may be difficult to reproduce the last round of rapid growth in the short term.　　Thus, in the process of realignment, friction and turbulence may be throughout the "Twelve-Five" period.　　Lee, a researcher at the Development Research Center of the State Council, also pointed out that the international financial crisis will lead to changes in savings rates and trade deficits in developed countries such as the UK and the US, bringing about a slow rebalancing of the global economy, which will undoubtedly impact the original economic development model and require adjustments to the original industrial division In this respect, Liu Wei, a professor at the School of Economics, Peking University, said in a summary of the study of China's macroeconomic trends at the end of the "Eleven-Five" period at the National Development and Reform Commission and the ADB Research project, although China is likely to achieve a higher growth rate than 7.5% during the "Twelve-Five"　　However, from the requirements of national economy and social comprehensive development, the economic growth rate of "Twelve-Five" period is still more appropriate, in the actual implementation, that is, in the determination of the annual economic growth targets, can be slightly improved, in about 8% advisable. Academician Jingwen, academician of Chinese Academy of Engineering and Cass, saidIt is not appropriate for the country to classify GDP growth target as the core of "Twelve-Five" economic and social development, nor should it mention policy slogans such as "Protecting eight", nor should it be regarded as the target of local policy and the only basis for cadre assessment.　　Adjustment is the main axis as the national Development and Reform Commission "Twelve-Five" planning partners, Asian Development Bank vice President Greenwood Wood in the introduction of bilateral cooperation, the core of the key words is "adjustment."　　In his view, China's rebalancing needs to be more focused on reducing the savings rate and expanding domestic demand for the private sector.　　In terms of demand, rebalancing means reducing reliance on exports and fixed asset investment while expanding domestic consumer demand; in terms of supply, rebalancing means more reliance on non-trade sectors such as services and less reliance on trade sectors such as manufacturing. "Rebalancing will not only help to address global imbalances, but more importantly, it is a necessary part of the process of development and structural transformation, and China must go through this process in moving towards a middle-and upper-income country."　　"said Greenwood.　　Wang Jian, vice president of China's macroeconomic Association, also believes that adjustment should be the subject of "Twelve-Five" planning.　　Since the founding of New China, China has undergone many adjustments however, this adjustment differs from the past in that the adjustment in the 80 's was based on shortages, but since the 90, China's shortage background has been fading away from the background of overcapacity in the economic growth of the transition cost.　　In Wang Jian's view, the current obstacles to China's economic growth is not a serious short-term industry bottlenecks, but the product and overcapacity, this contradiction is not resolved, China's long-term development will be increasingly due to lack of demand for momentum and into low speed growth, or even the outbreak of overproduction crisis.　　Wang Jian stressed that many factors decided, "Twelve-Five" period, China's economic adjustment is necessary, otherwise the next 30 years, China's economic growth will be more and more small, will be due to the various important structural relations have to slow down, or even stop. Just like people, long-term high-speed running will inevitably bring disease, need a period of treatment, recuperation, health, and can run.　　"said Wang Jian. Green economy: An important path for future growth Xu Xianping pointed out that the important goal that President Hu Jintao put forward at the UN Climate change summit in September 2009 "will be effectively implemented in the ' Twelve-Five ' plan."　　Greenwood suggested that China's "Twelve-Five" plan should emphasize "green development path" in the context of global development of low-carbon economy.　　Greenwood predicts that China will need to invest 1.5 trillion to 2 trillion yuan a year to transform itself into a "green economy" in 2030, equivalent to 1.5% to 2.5% of China's gross domestic product. Yiming suggested that China's restructuring of its economic structure must be combined with technological innovation in the process of developing a green economy. "Re-industrialization" in developed countries has increased the pressure of China's industrial transformation and upgrading. "Re-industrialization"Not to return to the traditional industrial sector, but through government support, to achieve traditional industries on the basis of new technology revival."　　China should enhance its international competitiveness in traditional industries and strive for market space in the field of emerging industries.　　Public welfare: The biggest premise Xu Xianping said that the Chinese government will expand domestic demand as a long-term stable and rapid development of the strategic Approach, through the restructuring of demand structure, and constantly enhance domestic demand, especially consumer demand for economic growth, to achieve domestic demand and external demand coordinated development.　　Xu Xianping said, "Twelve-Five" during the period, China will deepen the reform of income distribution system, adjust the distribution pattern of national income, increase the proportion of income in the distribution of national income, increase the proportion of labor remuneration in the initial distribution, increase the income of farmers and urban low-income earners, expand the proportion of middle-income earners, and provide support for the expansion　　In order to enlarge domestic demand, it will promote the formation of market-oriented investment endogenous growth mechanism, further broaden the private investment field and channel, keep the investment scale moderate growth, and guide the investment to the people's livelihood and social undertakings.　　He also said that the people's well-being is the fundamental goal of development, we must adhere to improve the people's livelihood and expand domestic demand for the internal unity, more focus on safeguarding and improving people's livelihood to plan for development, the improvement of the people's livelihood throughout the economic and social development, the establishment of a sound development results by the Perkins, a professor at Harvard University in the United States, suggests that in the transition from low-income countries to high-income countries, China needs to further increase the share of consumer spending as a percentage of GDP in its strategic planning.　　In his view, in addition to reducing residents ' propensity to save and raising residents ' incomes, it is also necessary to speed up the process of urbanization, such as the housing problem of 150 million to 200 million migrant workers in China over the next 20 years, which will help to expand domestic consumer demand. Yiming suggested that the "Twelve-Five" period to promote urbanization should focus on speeding up the urban migrant workers to the public, while actively developing metropolitan areas and urban agglomerations, the expansion of small and medium-sized cities, improve the comprehensive carrying capacity of towns, and strive for urbanization rate of 1% per annum, so that 2015 urban population close to 700 million people.