发展“中国人经济” 拓宽全球价值链新边界

Core Insights - The Chinese government emphasizes the importance of both "Chinese economy" and "Chinese people's economy" as part of its high-level opening-up and high-quality development strategy, indicating a paradigm shift in China's open economy development [1][2] - The focus on GDP and GNI reflects a comprehensive approach to measuring national strength, with GDP highlighting domestic production and GNI encompassing global income from overseas investments and labor [1][2] Summary by Sections Economic Strategy - The strategy aims to expand bilateral investment cooperation, enhancing both domestic and international economic dimensions [1][2] - The shift towards GNI as a guiding metric allows for better risk management through diversified global investments, reducing reliance on domestic economic cycles [2] Investment Landscape - By the end of 2024, China's outbound investment stock is projected to exceed $3 trillion, maintaining a position among the top three globally for eight consecutive years [1] - Chinese enterprises are established in 190 countries and regions, with overseas asset returns becoming a significant driver of GNI growth [1] Global Economic Integration - The interaction between "Chinese people's economy" and local economies abroad strengthens mutual benefits and promotes high-quality development [2] - The transition from being the "world's factory" to a "global value creator" is essential for domestic companies to ascend the value chain [2] Policy Implementation - The dual investment policy serves as a practical pathway to connect the two economic dimensions, promoting a win-win cooperation model [2] - The initiative aims to enhance China's economic advantages while contributing to global economic governance with efficient and equitable solutions [2]