Aug 02, 2022
In Desktop Clinic
China's economic growth rate in the next three years is as high as 7.7% this year due to the recovery of global demand in the post-epidemic era and the strong export sector. On the contrary, it fell to 4.0%, and the 5.3% in the following year is to get rid of the interference factors of the epidemic, reflecting the real situation of China's economic growth potential. What is the potential for China's economic growth popular database in the next 10 years? According to the assessment made by the NLI Research Institute, a think tank of Japan's large life insurance company "Nihon Life" , in the next 10 years, China's economy will continue to grow, but at a slower pace. By 2031, China's per capita GDP will reach two At the same time, the annual GDP growth rate will be as low as only about 2%. NLI believes that the main driving force for China's future economic growth comes from two aspects, one is the development of urbanization, and the other is the transformation of China's economic structure. According to the theory of development economics, when laborers move from rural areas to cities, because the labor productivity of urban areas is higher than that of rural areas, it will naturally increase the overall labor productivity of the country and promote economic growth.