沈晗耀：建议在长三角、京津冀及大湾区创建三大世界级科创中心

Core Viewpoint - The speech by Shen Hanyao highlights the four major challenges facing China's economic development and proposes six strategic recommendations to address these issues [1][2]. Group 1: Economic Challenges - The first challenge is overcapacity and insufficient demand, which restrict economic growth [1]. - The second challenge is the downturn in the real estate sector, which also limits economic growth [1]. - The third challenge is excessive debt, which hampers development and affects economic circulation [1]. - The fourth challenge is international friction, which obstructs international circulation and leads to unemployment and polarization, hindering domestic circulation [1]. Group 2: Strategic Recommendations - The first recommendation is to establish three world-class innovation centers in the Yangtze River Delta, Beijing-Tianjin-Hebei, and the Greater Bay Area, linking top companies with leading universities to seize global leadership in technology [2]. - The second recommendation is to fully develop the fourth industry, using public goods economy to stimulate private goods economy, thereby facilitating a smooth economic cycle [2]. - The third recommendation emphasizes strong support for the real estate industry, which is a core pillar of the economy, to stabilize the economic landscape and revitalize related industries [3]. - The fourth recommendation is to strengthen the policy financial system by creating stabilization funds for the stock market and real estate, ensuring a healthy development of capital markets and supporting the real economy [3]. - The fifth recommendation involves leveraging the central bank's role to create market demand internationally and stimulate domestic demand through strategic issuance of currency [4]. - The sixth recommendation addresses overcapacity by proposing a new distribution system that promotes common prosperity and resolves unemployment and polarization issues [4].