Unlike any previous economic takeoff studied by economists, China is an extremely large plane.It is not only oversized, but also extremely unbalanced internally — the income gap between different classes, between urban and rural areas, between regions.And this has gotten a lot of attention, a lot of research.
But the income gap is a superficial phenomenon. Behind it are differences in technology, in industry, in ideas, in scientific knowledge — and the difference is profound.Today in different parts of China, although all Chinese people see eye to eye on some issues.
If you dig deeper into certain areas, you will find that the gap between the views of Chinese people and Chinese people is sometimes even greater than the gap between the views of Chinese people and foreigners.
This challenge will also affect the tone in which economies that have already taken off do all their work in the air, because there is a lot of internal tension, a lot of internal pressure.Let us not look only at the “rust belt” of The United States — the old great England industries that are rusting now;
We also have the old industrial areas in the northeast, and many areas that were first developed and are now moving down or stagnating.How to deal with these problems?It’s not handled well, and you’ve taken off, and the challenge is huge.
Third, you have to maintain balance and have a lot of motivation.When you’re moving on the ground, you slow it down, you smooth it out, and in an economy that’s taking off, when you slow it down, it’s a big challenge.
China’s economy needs sustained and strong momentum. Otherwise, our backward cutting-edge sectors have no strength and resources to build on.At the same time, it is a difficult challenge to maintain the balance between total output, industries and regions.
These pressures and momentum do not guarantee, as Toros says, that after the economy has taken off, it will lead to maturity and quality of life, and there may be ups and downs in between.
Therefore, we should study these challenges and face them so that our research results can make our contribution to the smooth “take-off” of this huge “plane” of China, including the “aircraft groups” of many third world countries after China.