What if foreign exchange reserves increase again? After spending it, there is no need to retain foreign exchange reserves. Such as importing equipment to speed up domestic technological innovation, im

What if foreign exchange reserves increase again? After spending it, there is no need to retain foreign exchange reserves. Such as importing equipment to speed up domestic technological innovation, importing raw materials and energy that we are in short supply, and going global to encourage companies to invest abroad. In the long term, how to maintain price stability during economic growth? To maintain price stability during economic growth, there are several important measures, and they must be implemented. First, we must continue to implement a prudent monetary policy, focusing on optimizing the credit structure. Optimize the credit structure to make each loan more effective. Optimize the credit structure, protect what should be protected, suppress what should be suppressed, and maintain and suppress what needs to be. In this way, we can keep the money supply at the level needed for economic growth. Secondly, an important measure for price stability is to strictly enforce the land approval system. The scale of fixed asset investment is too large. Has the land gone through the approval process? Illegal land occupation not only violates the country's land policy, but also causes the scale of fixed assets to be too large. In addition, strict land approval policies can also ensure the supply of cultivated land and prevent the reduction of cultivated land. Third, increase the production of agricultural products and increase the supply of daily necessities (grain, oil, meat, vegetables, etc.). The improvement of people's living standards is reflected in their increasing consumption of agricultural products. For example, when people's lives are better, they may eat more meat, eat more eggs, and drink more milk. These can only be solved by increasing supply. Because demand is increasing, what if the supply does not increase accordingly? To this end, the state should invest more in agriculture. For example, farmland water conservancy construction is an important condition for ensuring stable and high agricultural yields, and the state should increase its investment in water conservancy. Fourth, foreign exchange reserves must be maintained at a reasonable level. As pointed out earlier, the excess should be spent. This will not only ensure the needs of our technological progress and the supply of raw materials, but also allow for appropriate control of the amount of RMB invested in foreign exchange reserves. Finally, through the reform of the financial system, the problem of corporate financing difficulties is solved. For example, the difficulty in getting loans in rural areas and small and medium-sized enterprises shows that rural credit cooperatives need to be reorganized and rebuilt. Private capital should be encouraged and supported to enter rural credit cooperatives. This is exactly the reform that needs to be carried out now. 3. Independent innovation Independent innovation is another issue that needs attention in sustainable development, and it is becoming more and more important. The report of the 17th National Congress of the Communist Party of China regarded “improving independent innovation capabilities and building an innovative country” as a major task in implementing the scientific outlook on development and building a moderately prosperous society in an all-round way, pointing out that “this is the core of the national development strategy and the key to improving overall national strength. "To correctly understand the issue of independent innovation, we need to first look at how long our country's high-speed economic growth can last. In this regard, some foreigners say that China's economy will decline after the 2008 Olympic Games; others say that China's rapid growth is short-lived and that China's economy will not be able to grow in a few years at most. It is said that China's rapid growth is short-lived, is that true? It is necessary to analyze this issue carefully. Our country is in the transition period from the second stage to the third stage of economic development. According to the explanation of economics, anything above 7 is rapid growth. So how long can we maintain highways above 7? This depends on what stage of development China is currently at. From an economic point of view, we can divide economic development into four stages: The first stage is called the pre-industrial period, which is the traditional economic era. In this case, agriculture accounts for a large proportion, industry accounts for a small proportion, and the service industry accounts for a small proportion. Therefore, in the first stage, the economy cannot grow at a high speed because agriculture cannot grow at a high speed continuously. The second stage is the pre-industrialization stage. During this stage, the proportion of the three industries is as follows: the proportion of agriculture in GDP decreases, and the proportion of industry increases. In industry, as long as there is investment and a market, and these two conditions are met, the economy can grow at a high speed. Therefore, in the second stage, the economy can grow at a high speed. But at this stage, the proportion of the tertiary industry is still relatively low. The third stage is the late industrialization period. At this stage, the proportion of agriculture continues to decline, the proportion of industry increases but tends to be stable, and the tertiary industry is growing at a faster rate.The second step is to reduce waste emissions. There will be waste water, waste gas, and waste residue in the production and consumption process, and its emissions must be reduced. The third step is to maximize the conversion of waste into resources. For example, useful things can be extracted and recycled from waste water, waste gas, and waste residues, and what can be used should be used as much as possible. The fourth link is that waste water, waste gas, and waste residues that cannot be reused or recycled, especially waste residues, should be treated harmlessly. If we want to vigorously develop the circular economy now, we must work hard in these four aspects. Developing a circular economy requires strengthening system construction. In order to develop a circular economy, we have a series of system construction. First, strict technical standards must be implemented, projects that do not meet environmental standards must be prohibited from starting, substandard products that have an impact on the human body must not be allowed to enter the market, and the use of disposable consumer goods must be restricted. The simplest example is chopsticks. Chopsticks are made of wood. Disposable chopsticks are actually a waste of resources. Second, the extended producer responsibility system. What is the extended producer responsibility system? It is your responsibility as a producer. It does not just mean that your product leaves the factory. Your responsibility will be extended. For example, suppose you produce substandard products and are responsible for recycling them. The recycling of your packaging and all of these are the responsibility of the manufacturer, not just once the product leaves the factory. Third, the pursuit of legal responsibility. The investigation of legal liability includes producers being held legally responsible if something goes wrong, product importers being held legally responsible if something goes wrong, and you cannot transport poisonous and harmful foreign products into the country. Fourth, we must implement a strict economic assessment system, including the output rate of resources, that is, how much resources can be utilized, the utilization rate of waste, the emission indicators of major pollutants, and the rate of harmless disposal of waste. After the waste produced is used, is it finally treated harmlessly? All of these are system construction. To develop a circular economy, the state should provide financial support. The state's financial support mainly includes special funds to support the technological development of the circular economy, tax exemptions where necessary, tax reductions where necessary, and the establishment of a reasonable pricing system, especially in terms of resource pricing. For example, if you use water resources in excess, you should be charged more, if you use electricity in excess, you should be charged more, and so on. This is useful for limiting some energy-intensive businesses. To develop a circular economy, we must vigorously develop the new economy. Including the use of solar energy, wind energy, tidal energy, etc. There is also the development of modern service industries. The two most important things in the modern service industry are: one is the material recycling industry. The material recycling industry is becoming more and more important, including the recycling of a large amount of domestic waste and production waste. This is a huge industry, and this industry must be developed. . In addition, we need to develop the leasing industry. Since we need to save resources, some products do not need to be bought but can be rented. To summarize, development economics actually boils down to four basic principles. The first principle is that employment expands through employment. When a group of people are employed, they will have income and spend it, and others will be employed. When others have income and spend it, people will be employed, so employment depends on employment. The second principle is that wealth is driven by wealth. Simultaneous prosperity is unrealistic; simultaneous prosperity is the goal. But there are always some people who get rich first, and they set an example and lead. Being rich leads to being rich. The third principle is that prosperity is supported by prosperity. That is to say, if the economy wants to prosper, domestic consumption needs to expand and people's purchasing power needs to increase. In this way, the next prosperity will be supported. Because investment funds are available and consumption expands, the entire economy will be driven. Therefore, prosperity is supported by prosperity. . The fourth principle is that harmony is accumulated through harmony. Everyone starts from the side, from the harmony of the family, the harmony of the community, the harmony of the unit, the harmony of the city, to the harmony of society. Harmony accumulates through harmony.