From the Fifth Plenary Session of the 16th adopted the "Central **** on the formulation of the eleventh five-year plan for national economic and social development of the proposal" (hereinafter referred to as "proposal") content, during the Eleventh Five-Year Plan in China in the consumer market, industrial upgrading, the strategy of independent innovation, regional development, the construction of new rural areas and other five aspects of the development of the embodiment of the new highlights of a number of new opportunities, which implies new opportunities.
"Consumption carriage" running contains new business opportunities
"Recommendations" emphasized that economic growth and people's living standards, meaning that China's economy in the experience of export-driven, investment-driven growth, the Eleventh Five-Year Plan period began to focus on enhancing the economic growth of the "third carriage" - the third carriage, the third carriage, the third carriage, the third carriage, the third carriage, the third carriage. The third carriage" - the driving force of consumption, began to expand domestic demand as the basic foothold of economic development and long-term strategic approach. Economic growth gradually from mainly rely on investment and export drive, to consumption and investment dual-wheel drive, domestic demand and external demand *** with the pull of the change. Consumption is undoubtedly the most important driving force for China's future economic growth.
China's consumer goods market will usher in a new round of full-scale launch. During the 11th Five-Year Plan period, China's income distribution system is facing a major turnaround, with social distribution tilted toward low- and middle-income groups. The government will not only adjust the structure of national fiscal spending from macro policy, but also further reduce the gap between the rich and the poor in terms of tax reform, and the increase in social welfare for the low- and middle-income groups will significantly improve their spending power, and the higher marginal propensity to consume among the poor will accelerate the start-up of the recovery of the consumer goods market. The explosive demand growth of basic consumer goods, investment and consumption growth in the rural areas of central and western China and northeast China, the growth of various fashionable demands of new consumer groups and the middle class, and the acceleration of the reform process of health care, education, and pension will make China's huge local domestic consumption market recover, and the growth rate of China's consumption during the 11th Five-Year Plan period will be significantly higher than the existing basis, which will create the most competitive advantage and certainty of the domestic industrial The most competitive and certain industrial clusters will be created in the country.
Industries related to consumer spending will have opportunities for rapid development. The renewal of residents' consumption concepts and the rapid upgrading of the consumption structure are driving the rapid growth of tourism, high-grade and high-tech consumer goods, as well as information and international cultural consumption. In the next five years, housing, automobiles, education and tourism will become the focus of Chinese residents' consumption expenditure.
The gradual recovery of the domestic consumer market will provide opportunities for two types of enterprises: Shark-type enterprises, which will continue to increase industry concentration through acquisitions and mergers, and realize "monopoly" in some basic consumer goods, channels, logistics networks and other markets; and eagle-type enterprises, which will avoid extensive price wars and vicious competition by leveraging their brands and high-end routes. The second is the eagle-type enterprises, with the brand and high-end route, avoiding extensive price wars and vicious competition, and obtaining excessive profits in some quality-sensitive consumer goods, luxury consumer goods and seasonal consumer goods.
The gradual recovery of the domestic consumer market has brought big opportunities for the service industry. As the focus of economic development spreads across the board from east to west, consumption upgrading in large and medium-sized cities will evolve into service upgrading, when production services (finance, data, design, transportation, and other production-related services) will also start up quickly, in addition to consumer services (finance, healthcare facilities, hotels and tourism, etc.), which will see more rapid development.
Industrial upgrading contains new business opportunities
The Recommendations emphasize that China's economy will gradually change from the traditional crude growth mode of high consumption, high pollution and low efficiency to the intensive growth mode of low consumption, low emission and high efficiency, and take the road of circular economy based on the effective use of resources and protection of the environment. It means that China's future industrial development will be oriented towards resource-saving and environment-friendly, and will pay more attention to structural adjustment and industrial upgrading, accelerate the development of low energy consumption and low emission economy, and strictly limit the development of industries with high energy consumption, high water consumption, high pollution and waste of resources.
The Eleventh Five-Year Plan period, in the new round of industrial restructuring and industrial upgrading, new energy, environmental protection and equipment, three types of industrial development will be oriented to the attention of the changes in the new energy and comprehensive utilization of resources to encourage the policy, environmental protection, industrial policy, equipment industry to support the policy, but also in the new period of the industrial policy in the most noteworthy new trends. It can be predicted that the new energy, environmental protection, equipment manufacturing industry are likely to become a key national support industries.
New energy: "Recommendations" emphasizes the creation of a resource-saving society and environmentally friendly society, take the road of sustainable development of saving clean and safe. This will put energy conservation and development of new energy sources back on the agenda. Higher energy prices and curbs on energy waste will provide opportunities for products and industries related to energy conservation, new energy sources, alternative energy sources and energy development. Solar energy, nuclear energy, wind energy and other industrial investment will be greatly accelerated, the industrial outlook is worthy of attention.
Environmental protection industry: the environmental protection industry as a whole will face great opportunities for development. Circular economy objectively requires resource conservation and environmental protection, so all kinds of resources (water, heat, oil, gas) prices will be the inevitable trend, low energy consumption, low pollution machinery and equipment (including cars and other consumer goods) development is facing better investment opportunities.
Equipment and equipment industry: the economic growth model changes to the relevant equipment industry will put forward higher requirements for the development of specialized equipment industry has put forward new needs in energy saving, environmental protection, infrastructure construction and defense industry and other aspects of the new equipment will have more policy preferential and development opportunities. Benefited industries will also include power grid equipment, railroad equipment; clean and efficient power generation equipment, marine petroleum engineering equipment, CNC machine tools, new textile machinery and other fields.
Self-innovation strategy implies new business opportunities
"Recommendations" put forward to enhance the ability of independent innovation as a strategic base for the development of science and technology and the adjustment of industrial structure, changing the mode of growth of the center, and vigorously improve the ability of original innovation, the ability of integrated innovation and the ability to introduce, digest, absorb and then re-innovate. The establishment of enterprise-oriented, market-oriented, industry-university-research combination of technological innovation system, the formation of independent innovation of the basic institutional framework. Previously, independent innovation as a national strategy was written for the first time in the communiqué of the Fifth Plenary Session of the 16th Central Committee of the People's Republic of China. China's special emphasis on independent innovation means that independent innovation will rise from the concept to the operational level, as an important strategy for economic and social development for deployment and implementation. Independent innovation will become a new strategy for China's national strength. China will set off a wave of independent innovation.
The Recommendations clearly put forward the enterprise is the main body of the technological innovation system, the enterprise independent innovation activities will become the focus of the eleventh five-year period of industrial policy support. In the future, enterprises will directly become the main body of research and development, a change in the past, the government is always the R & D funds allocated to the Institute of higher education, "the old way".
Currently, China's overcapacity is a serious problem, and 1/3 of the capacity of backward technology, information technology to improve traditional industries is the most important task. Advantageous enterprises with technological innovation ability, advanced service industry with high content of knowledge and technology, modern industries participating in international competition and possessing technological comparative advantages in relevant fields, and innovative downstream industries whose equipment and spare parts have been equipped with import substitution effect, etc., are likely to become the focus of future investment flows. Machinery and equipment industry, cement, aluminum and so on these seemingly low-level repetitive construction of the industry, if one of the company began to independent innovation or new technology development, can also bring opportunities. In addition, similar to medicine, electronics, IT and other fields there are significant innovation and progress of space, which has strategic significance and economic significance of the key investment is worth paying attention to.
Regionalization of the development of new business opportunities
"Recommendations" put forward, integrated regional planning, urban planning and land use planning. It clarifies the functional positioning of different regions and formulates corresponding policies and evaluation indexes, so as to gradually form a regional development pattern with different characteristics. China for the first time to the development of economic zones as the content of regional planning in a prominent and important position, means that China's economic spatial pattern after 26 years of local government-led economic model of development, market-led regional economic development will take a substantial step forward, China began to really move from the provincial economy to the stage of regional economic development. Regional economic integration will become one of the pillar forces driving China's new round of reform and opening-up.
Regional planning is a binding spatial plan targeting areas with strong economic ties across administrative regions. By coordinating regional economic development and thus breaking down administrative blockades, it will remove obstacles to the eventual formation of a unified regional market or even a unified national market. This will create opportunities for the development of cross-regional expansion of industry.
During the 11th Five-Year Plan period, there will be three new key areas of development that are worth paying attention to:
One is Tianjin Binhai New Area. The Recommendations put forward, "promote the development and opening up of Tianjin Binhai New Area and other areas with better conditions, and drive the regional economic development". Means that Tianjin Binhai New Area development and opening up, was included in the overall layout of national development. Tianjin Binhai New Area will become Tianjin's largest economic growth point and drive the regional economic development of a powerful engine, showing great potential and broad space for development.
The second is the West Coast of the Taiwan Strait. The Recommendations propose to "support the economic development of the West Coast of the Taiwan Strait and other areas where Taiwanese investment is relatively concentrated". "The west bank of the Taiwan Strait" is written into the "Recommendations", which is also the "west bank of the Taiwan Strait" for the first time written into the central documents, becoming a highlight of the "Recommendations". This is the first time that "West Coast of the Taiwan Strait" is written into a central government document, which is a highlight of the Recommendations. It means that Fujian, which is located on the west coast of the Taiwan Strait, has a much higher status in the overall situation. Supporting the development of the west coast of the Taiwan Strait provides Fujian with a new development opportunity, a development platform, and is conducive to promoting cross-strait economic and technological exchanges and cooperation.
Third is the Chengdu-Chongqing region. According to the National Development and Reform Commission Director Ma Kai introduced in mid-September, in the National Eleventh Five-Year Plan, the Yangtze River Delta, Beijing-Tianjin-Hebei region, Chengdu-Chongqing region, as well as the Northeast old industrial bases will become the focus of regional planning care. Chengdu-Chongqing region in the Eleventh Five-Year Plan, is obviously to speed up the development of the west, the coordination of regional development is an important step. Chengdu-Chongqing region will thus get a good opportunity for development.
New rural construction contains new business opportunities
The Recommendations put forward, the construction of a new socialist countryside is China's modernization process is a major historical task. It means that following the implementation of the household contract responsibility system in the late 1970s and the reform of rural taxes and fees in 2003, China's rural construction has ushered in the third major adjustment since the reform and opening up, and the new socialist countryside has become the direction of China's rural construction in the new era.
The new rural construction is a systematic and comprehensive policy compared with the unidirectional policy in the past. The connotation of new countryside itself contains new business opportunities. The connotation of the new countryside includes at least five aspects, namely, new premises, new facilities, new environment, new farmers and new customs. Among them, "new facilities" is to improve the infrastructure, including roads, water and electricity, broadcasting, communications and telecommunications.
Building a new socialist countryside, the state is expected to take more new measures to further increase support for agriculture, such as through financial subsidies, urban support and other "external" ways to solve agricultural problems. Agricultural industrialization of higher companies may have high-speed development opportunities, worth looking forward to. In addition, focusing on solving the core problem of farmers' income, through strong support for rural development and improve farmers' income, farmers' income is likely to maintain rapid growth, rural consumer market is expected to become a new growth highlights. This will be of great benefit in releasing the surplus capacity of some industrial industries, and also provide an opportunity and a starting point for the transformation to a consumption-based economic growth mode.
China's proposal that "industry feeds agriculture and cities support the countryside" signals two major directions for China's industrial development in the future: first, infrastructure investment in the central and western parts of China, the northeast, and rural areas will become the focus of national financial support; second, the three rural issues are crucial to the overall economic situation, which means that agriculture-related manufacturing clusters, as well as the agricultural industry, are expected to become a new source of growth for China. Manufacturing industry clusters, as well as basic consumer industry clusters related to farmers' income, will likely to get faster development opportunities during the 11th Five-Year Plan period.