丁爽：产能治理中的进与退｜国庆大咖谈

Group 1 - The core viewpoint emphasizes the need to reduce excess manufacturing capacity while expanding effective capacity in the service sector to mitigate economic downturn risks and promote structural transformation [1][2] - China's manufacturing capacity has significantly exceeded domestic demand, leading to intensified competition and prolonged low price levels, with nominal GDP growth lagging behind actual GDP expansion [1][2] - The government has implemented capacity governance and anti-involution measures since July to prevent redundant investments and curb excess capacity, which helps break the negative cycle of falling prices and weakened demand [1][2] Group 2 - The long-term potential for the development of China's service industry is substantial, with its GDP share around 55%, significantly lower than the nearly 70% in developed countries [3] - There is strong demand and insufficient supply in various service sectors such as communication, education, healthcare, and tourism, necessitating further market opening to increase service capacity [3] - Policy measures should focus on breaking industry monopolies, lowering entry barriers, and opening up to private and foreign enterprises to fully unleash the potential of service supply and consumption [3]