Core Viewpoints - The urgency and strategic importance of tapping into economic potential are emphasized, highlighting the need for a comprehensive understanding of its multidimensional nature and key areas [3][4][5] Economic Potential - The current economic transition in China necessitates urgent exploration of potential, with external factors such as geopolitical conflicts and uncertain global demand impacting growth [5][6] - In 2024, China's GDP is projected to grow by 5.2%, with consumer spending contributing over 80% to economic growth, yet the consumption rate remains at 38.6%, indicating significant room for improvement [6][5] Key Areas for Potential Release - Domestic consumption is identified as a primary area for potential release, with 2024 retail sales expected to exceed 51 trillion yuan, but per capita consumption still lagging behind developed nations [8] - Investment potential is also crucial, with fixed asset investment expected to maintain stable growth, particularly in high-tech industries, which are projected to grow by 12.8% [8][9] Innovation and Industrial Upgrading - Innovation is recognized as a core engine for economic potential, with over 520,000 high-tech enterprises in 2024, necessitating support for enterprise-led innovation and improved technology transfer mechanisms [9][10] - The manufacturing sector's contribution to GDP remains stable, but there is a pressing need for advancements in high-end, intelligent, and green manufacturing [10] Reform and Market Dynamics - Continuous reform is essential for unlocking economic potential, with improvements in the business environment leading to a 53.5% share of private enterprises in total foreign trade [11] - Balancing government intervention and market forces is critical for effective resource allocation and stimulating market vitality [13] Systematic Support Framework - A comprehensive support system is required to ensure the effective release of economic potential, including policy coordination, legal frameworks, and risk management strategies [14][15] - The importance of fostering an open cooperation ecosystem is highlighted, with China's trade with Belt and Road Initiative countries accounting for 46.8% of total foreign trade in 2024 [15]