刘世锦：进一步发挥“三大优势”

Group 1 - China possesses three significant advantages for future development: the potential for catching up with developed economies, a new technological revolution focused on digital and green technologies, and the advantages of a super-large market economy [1][2][3] - The potential for catching up includes stable demand and mature supply-side technology, particularly in service industry development and the transformation of traditional manufacturing and agriculture [1] - The new technological revolution sees China narrowing the gap with global leaders, achieving parity or local leadership in key areas such as industrial engineering and commercial application scenarios [1] Group 2 - The super-large market economy allows for a diverse range of industrial categories and fosters competition among enterprises, enhancing core competitiveness [2] - China aims to leverage these advantages to build a manufacturing powerhouse, a consumption powerhouse, and a financial powerhouse, thereby creating a better environment for technological innovation [2][3] - In manufacturing, despite accounting for over 30% of global manufacturing, China still lags in productivity and value-added metrics compared to developed nations, necessitating improvements in labor productivity and the integration of productive services [2] Group 3 - For consumption, China's consumer spending as a percentage of GDP still falls short of the global average, indicating a need to expand the market and enhance service consumption, including investments in human capital [3] - The financial sector must adapt to increased economic uncertainty by improving project selection capabilities, with a focus on nurturing leading technology enterprises and addressing the needs of an aging society [4] - To enhance the international status of the RMB, China should increase offshore RMB circulation and ensure a balance between exports and imports, thereby supporting the development of manufacturing and consumption powerhouses [4]