What does China rely on to develop the economy of developing countries?

With China's economic resilience, room for manoeuvre, and many means of macroeconomic regulation and control, as long as it does its own things well, China's economy will be able to achieve steady and long-term development and move towards high-quality development. China's economic development in the new era is to adhere to the basic economic system and promote high-quality economic development.

It is necessary to establish an innovation-driven development strategy. Therefore, giving full play to the scientific and technological innovation system, especially technological progress and institutional innovation, will play a very key role in promoting high-quality economic development. Improving the system and mechanism of scientific and technological innovation is also an important task that we should strive to promote in the future.

From the perspective of future development, one of the important conditions for China's economy to enter a new era is to implement the strategic layout of all-round open development. In this process, we have opened up from the original coastal areas to the interior, from the sea to the land, and from the east to the west. Such an all-round opening up pattern is also an important embodiment of the high-quality development of China's economy that we are talking about today.

Therefore, we say that the implementation of the "Belt and Road" construction, drive China's economy to open up and develop in an all-round way, and finally under the guidance of a variety of ownership structures and distribution systems and the allocation of resources in the socialist market economy system, driven by scientific and technological innovation, and driven by the all-round opening pattern, China's economy will gradually move from high-speed growth to high-quality development, and China will surely move from the world's second largest economy to an economic power.

The current economic situation in our country:

At present, China's development is still in a period of important strategic opportunities and will be for a long time, and the period of strategic opportunities has new connotations under the new situation. However, it should also be noted that the current economic situation in China is full of various variables, there are changes and worries in the steady operation of the economy, the external environment is becoming more complex and severe, the escalation of Sino-US economic and trade frictions has caused a certain negative impact on China's economic development, and the domestic structural contradictions are still relatively prominent.

In the face of this situation, some people have become pessimistic and have made arguments about the decline of China's economy. Is that really the case? "The scenery should be long-term, and it is advisable to look at it.

If we improve our position, lengthen history, broaden our field of vision, look at the local situation from the overall situation, never look at the present, and look at China from the world, and analyze China's current economic situation dialectically and rationally, we will certainly come to an objective and accurate conclusion.

From the overall point of view, the fundamentals are still stable and improving. The ancients had a training to look at problems without blinding them and peeping at the leopard in the tube, otherwise they would generalize from point to point and from partial. Although China's economic development has encountered some difficulties and problems in recent years, the overall economic operation is stable, and the main macroeconomic indicators such as economic growth, employment, price index, and industrial profits are within a reasonable range.

More importantly, the effect of China's continuous optimization of the economic structure has initially appeared, and the "appearance" of the economy is getting higher and higher, the "temperament" is getting better and better, and the "vitality" is getting stronger and stronger.

China's economic development consists of three aspects:

1. The growth of economic volume, that is, the increase of products and services in a country or region, which constitutes the material basis of economic development;

2. The improvement and optimization of the economic structure, that is, the changes in the economic structure of a country or region, such as the technological structure, industrial structure, income distribution structure, consumption structure and population structure;

3. The improvement and enhancement of economic quality, that is, the improvement of economic efficiency, economic stability, improvement of health conditions, natural environment and ecological balance, and political, cultural and human modernization process of a country and region.

Extended: Measurement of Economic DevelopmentEconomists generally use gross national product (GDP) as an important indicator of the level of economic development. Since measuring economic development is an extremely complex problem, in order to solve this problem, more and more people are now advocating the use of a comprehensive index system composed of several specific indicators to measure and evaluate the level and quality of economic development.

Such as: Physical Quality of Life Index (PQLT), Human Development Index (HDI) and Purchasing Power Parity (PPP).

FYI.

The development of China's economy includes two aspects, namely, the development of the state-owned economy and the development of the private economy.

Economic characteristics of developing countries: 1. Most of the countries in the third world are agricultural countries with a weak industrial foundation, a single economic structure, a low level of productivity, and poor people. After half a century of construction, developing countries have achieved varying degrees of development. On the whole, the first 30 years of economic development were relatively fast, and after entering the 80s of the 20th century, it fell into a state of stagnation (known as the "lost decade").

It was only after the 90s that a new momentum of development emerged. 2. The productivity of spike hands is underdeveloped. Agriculture accounts for a large or even major part of national income.

The agricultural population generally accounts for 60%-70% of the country's population. The production technology is primitive and backward, and the productivity is low. The industrial base is very weak, and modern industry is underdeveloped.

After independence, developing countries have made great efforts to develop manufacturing industries, but their share in the world's manufacturing industry has not increased much, and most of them are concentrated in a small number of developing countries with relatively fast industrial development.