China's doubts and distance

Another year kicked off in hainan boao Asia BBS, will this week. Each New Year flower similar, participants of this year's mood is not the same as that last year. Year A shares climbed up high and smashes all the way down, drive mad trample feast went away, the securities and futures commission in several times over bail-outs and policy innovation without accidentally changed after the chairman. "811" the substantial depreciation of the renminbi after revaluation, capital outflows scale. 2015 full-year GDP growth also had finally don't stay up 7; transformation of economic structure is still a long way to go. Chill came in the second half of last year, the hot market, "capital little winter" "such as O2O winter". After the Spring Festival this year, the real estate to inventory the first-tier cities housing prices soaring, a small city but it still faces a surplus. China should do?

For new songs of Chinese rock and roll singer xu wei weekend with a "life more than in front of you" maxed social media, chanted in the song "life not only in front of you, and poetry and distant field", drew a middle-aged young people deeply touched, have said heart has resonance. Fine, if the lyrics are understood as in the present very not satisfactory, still be the dreams of the future is with the latest official to some key problems on China's idea coincides with mine. Central bank governor, zhou xiaochuan, voice during the Spring Festival holiday, refers to not continue to depreciate RMB. Just the end of the "two sessions", prime minister li also said that China's economy hope is more than difficult, confidence in the economic expansion. The boao BBS theme of "Asia's new future: new vitality and new vision", a laparoscope, usually connected to a 12 words in three "new", to be optimistic about the future, also revealed to comprehensively deepen reform and looking for a new growth point of the determination.

The ups and downs of the past one year, this year the boao see? In addition to the eyes of some confusion, also should see China and Asia of the distance, also seems to be also worth waiting for.

The next step in the "Internet +"

From the concept of "Internet +" good just over a year. Last year, the concept was put forward and cause, a "+" contains numerous possible, as soon as people from all walks of life have been lifted, "Internet +" became a major conference without a keyword in the BBS, seems to be your business, big or small, is not associated with points on it, it out. After a year to discuss with the fermentation, the boao BBS not surprisingly to set his sights on the next stage of the "Internet +", to set a number of points, BBS and invited many heavyweight honored guest, discuss sharing economy, lazy O2O, smart city, "pragmatic" intelligent manufacturing, wearable devices, E - such as the WTO. It is not hard to see all things connected and under the new situation of the trade rules are two points of concern.

Since the development of the Internet, has had little impact on the real economy, especially the traditional manufacturing industry. Most of the traditional enterprise heard "Internet +" called for unclear, presumably, do in addition to the transformation, upgrading production lines, implementing lean improvement, few let a person shine at the moment. On the other side, however, accenture digital, head of the Internet of things in the mobile world congress recently predicted that 20 years later, almost all things will be connected to each other in the world. Accenture's research, according to a report by 2030, the Internet of things technology may bring the Chinese economy increment of $1.8 trillion. Not to mention the late bigger, the smart cities like science fiction, for now, it seems that it is not out of reach. The middle a decade or two years, who and how to seize the tuyere of the Internet of things, will be worth attention and look forward to.

E - the WTO is jack ma, a new concept put forward in 2015. "20 years later, he pointed out that globalization indeed promoted the global economy, but it more help to the large companies, to help the developed countries. Over the next 20 years, should help the little E - the WTO era. If we can't change, all of that will be a disaster." A little bit more specific, "E - WTO" will be how to make use of the Internet and electronic business platform, develop a new generation of payment, logistics, credit infrastructure, create conditions for small and medium enterprises to participate in global trade?

China's economy: the start of the implementation of all sense

2016 was the start of the implementation of "much starker choices-and graver consequences-in", also is GDP growth response after 7 years, and the stock market slump in fusing drama showed signs of stabilising after years, supply side reform comprehensively the years of wind, done for so many years began after addition of subtraction. As BBS theme of so many "new" word, new slogan emerge in endlessly, expected new situation also emerge. The boao on BBS discussion will focus on the reflection of the Chinese model, regional economic development strategy, structural adjustment, the real estate market in the next decade, etc.

It is thought that 30 years of growth in China, is a special development mode, plus a series of contingency, other countries not imitation. Double-digit growth is unsustainable, however, China's economy go today, comprehensive reform is imperative. For example, rely more on consumption rather than investment growth, the advantage is no longer a high savings rate; Once "concentrate resources to accomplish large undertakings" of state-owned enterprises, some have become zombie companies. China can figure out a new road, leading emerging markets rebound?

Another concern, is new measures may be a variety of side effects. How to leverage will affect growth, how to balance the two? How to handle with the mass layoffs to capacity? To stock stimulation first-tier cities housing prices soaring, policy deviated from the original intention? Next, what we have not yet realized that risk?

To the BBS theme of this year, although it was used for the first two years of a new future of Asia, compared with 2014 in the "search and the release of growth momentum," and the "area" and much attention has been paid to the investment bank in 2015 "to" community of destiny, this year the tone seems to be more modest and cautious. After all, we used to many things, has in the past year or quietly or to change with a bang. The future of China and Asia, need to be careful.


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