How to understand and foster new economic growth point

 How to understand the can contain a wealth of meaning, and therefore Click to see, want to know really think of Mr. Lee.
but look after the discovery, which is a standard format issued by Xinhua News Agency, the leading inspection news, such news is often include News of the points, the original is this: Li Keqiang inspected in Guangxi recently stressed the need to implement the State Council's decisions and plans, to expand domestic demand, growth and restructuring and improve people together better, develop new economic growth, and effectively protect the basic livelihood of the people, in the reform and innovation to achieve new development. From this comparison, the leaders of standardized extract the speech determined to some editors may not be determined to political figures.
But because of this, I would like this to be edited down to highlight the image of public policy, to continue to explore how to understand and foster new economic growth point.
for training new economic growth point, a more intuitive understanding of technological innovation seems to bring new products, new markets, which is mentioned in the above press release the contents of the Xinhua News Agency: Li Keqiang said to speed up the development of new energy, energy saving environmental protection and recycling economy and other emerging industries, and form the pillars of economic growth in the new. this argument, and good, but can not be denied is that this new technology, new energy, represented by the formation of new economic power is very difficult the one hand, this process is very expensive, requires a lot of R & D investment; Also this process may also be very time-consuming, a technical innovation cycle may be several decades, while its capacity requirements of economic organization that are also high, Not all enterprises can --- in fact most of the companies bearing can not carry this function. the current global economy, only a few countries, such as the United States, Japan, Germany and other companies have these capabilities. while China's economic organization, is probably more typical characteristics of the spirit of technical copy or cottage. Therefore, if the foster new economic growth point to understand is the new innovation-driven industry, and it would be a bit ambitious, fancies.
new economic growth point of fact, by definition, that they had no economic growth, new emerge, the newly formed economic strength and technological progress and this can not in any way. For example, in a commercial building, a fast-food companies that have not appeared, on the one hand to the mansion staff provides a convenient catering service, on the one hand to solve a lot of their job, this is in fact a new economic growth point. And if the fast food business has done well, the place began to engage in more chain, and that is another sense of economic growth. If investors are optimistic about the prospects of this fast-food company, more capital injected into the company, or shares of the company listed in the Stock Exchange, and the new power of capital can be to help the company to extend the upstream and downstream industries, such as the establishment of a new vegetable base, providing more value-added services, which brings more economic growth is more complex. These new economic growth point, often and in the traditional sense not directly related to technological innovation, the core driving force is the potential for profit and entrepreneurship. the Chinese economy, in fact, is full of such economic growth. From this perspective, I very much agree with Dr. Xu Xiaonian mentioned, he said Barber feet are a sunrise industry, because they are not outdated services, development of service industry in China is far from enough.
Therefore, the so-called new economic growth point, which is a variety of economic factors new combination, this combination can form the ever-changing technology innovation is only one ---- very limited, a factor. So how can economic factors combined with each other? The problem may be simple, but the performance in the actual economic phenomena, it takes some of the basic institutional arrangements to achieve.
one more important factor is it? fact, the most fundamental is the freedom, the need for protection of freedom of institutional arrangements, making the market entrepreneurs have the freedom to play their ability to mix a variety of economic factors. planned economy is essentially deprived of this freedom, people can not free a combination of economic factors, so the most natural result is that poverty and deprivation. the process of reform and opening up three decades, is that the Freedom from less to more species, a process of gradual expansion.
But now the economy, this freedom is not enough, the combination of economic factors still faces many obstacles, many national policies and laws are established a planned economy, the basic economic factors such as capital, land, labor and business organizations have been very much more restrictive, making the market, high transaction costs, economic growth is limited to a very narrow very low space. or in the fast-food restaurants as an example, if the regulations only state-owned enterprises or certain son of the leader qualify to get listed, then the space is stifling economic growth, the Chinese local can never have. But in reality, the stock market although there is no such clearly defined, but the discrimination of ordinary private enterprise is evident, how has public financing Which fast food restaurant run it? not to mention McDonald's and KFC and other Western fast food , and as an economic free port, Hong Kong, I know there are a number of listed companies of Chinese fast food enterprises.
Therefore, if the decision-making sincere hope to cultivate new economic growth point, in fact, is not the direction of technological innovation, but the review and China's economic development in recent decades to understand the basic logic of the concept of constantly breaking the restricted area, cleaning of discriminatory laws, eliminate administrative monopoly, the release of new economic space, the new burgeoning economic growth will naturally and gradually grow. In this sense said right of selling tea made atomic bomb than even the more important.
deepening economic crisis moment, the conventional wisdom that obscure the best guide is out of the crisis.
2009-4 -23