Recently, Sino-US trade frictions have continued to escalate, and China has also proposed tit-for-tat countermeasures. Yesterday, Yan Pengcheng, spokesman of the National Development and Reform Commission, said at the regular press conference of the National Development and Reform Commission that Sino-US trade friction has limited impact on China's economic operation and its control is controllable. The National Development and Reform Commission has confidence, conditions and ability to maintain economic stability. run.
Yan Pengcheng said that in the near future, Sino-US trade frictions have continued to escalate, and the Chinese government has repeatedly and rigorously stated our principled position. We have noticed that all sectors of society are very concerned about how much this Sino-US trade friction may have on China's macroeconomic operations. As far as this issue is concerned, everyone knows that trade protection is a "double-edged sword". On the one hand, US trade protection measures will affect the export of some industries in China, and the pressure on employment will increase. On the other hand, the United States Consumers and manufacturers in related industries will also bear the corresponding costs.
Regarding the impact on China's economic operation, Yan Pengcheng said that we have already prepared different levels of response plans and policy reserves in accordance with the bottom line thinking principle. Comprehensive assessment and analysis, Sino-US trade friction has limited impact on China's economic operation, and its impact is controllable. We have the confidence, conditions and ability to keep the economy running smoothly. The reason why we have such a conviction is that we have vigorously promoted economic restructuring in the past few years, vigorously changed the mode of development, promoted the transformation of new and old kinetic energy, and the role of domestic demand in promoting economic growth. The contribution of domestic demand in China’s economic growth over the past few years. The rate reached 105.7%. The contribution rate of economic growth in the first quarter of this year reached 109.1%. This is because we have a huge domestic market with a population of nearly 1.4 billion. The East is not bright and the West is bright, with sufficient capacity and enough methods to deal with domestic All kinds of external shocks are because we have accumulated experience in dealing with various complicated situations in the past years, and macroeconomic policies have a large room for manoeuvre. As long as we follow the deployment requirements of the Party Central Committee and the State Council, we must do a good job in coordinating macroeconomic policies and do our best to achieve our goals in economic and social development.
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