Why is China's economic development potential huge?
China's economic development potential is enormous, because, firstly, it depends on consumption potential. China has a large population and a large consumer market, and there is still a lot of room for domestic demand to stimulate economic growth; The second is to look at the investment potential. Judging from the per capita investment scale, the level of China is not high at present. Far below the world average. There is still a lot of investment space to reach the level of developed economies; The third is to look at the export potential. Although influenced by the international market, the potential of export to promote economic growth is limited, but export itself does not directly contribute to GDP. If we only export but don't import or import less, all we get back is foreign exchange, which is an iou issued by people after importing our goods. If we don't import, it will be a sheet pile. 4 trillion foreign exchange reserves can be used to introduce technology and advanced products and upgrade domestic industries; Fourth, the space for the government to deepen reform is still vast; Fifth, from the domestic perspective, the development of rural economy and urban economy is unbalanced, and the development of western and eastern developed areas is unbalanced. The shortcomings of rural and western areas are exactly what needs to be solved in economic development and the potential for development.