Recently, Bai Chong'en, Dean of Tsinghua University School of Economics and Management, Freeman Chair Professor, and academic member of CIDEG, published an article entitled "Drawing a New Blueprint for China's Development" in the People's Daily.

Recently, Bai Chong'en, Dean of Tsinghua University School of Economics and Management, Freeman Chair Professor, and CIDEG academic member, published an article entitled "Breaking a New Blueprint for China's Development" in the People's Daily. The "Proposal of the Central Committee of the Communist Party of China on Formulating the Fourteenth Five-Year Plan for National Economic and Social Development and the Visionary Goals for 2035" (hereinafter referred to as the "Proposal"), adopted by the Fifth Plenary Session of the 19th CPC Central Committee, scientifically draws a new blueprint for China's economic and social development in the next five years and even a longer period and is a programmatic document for starting a new journey of building a socialist modern country in a comprehensive manner and marching towards the second-century goal.

The "recommendations" on China's development environment changes brought about by the opportunities and challenges of an objective analysis, pointed out that "the current and future period, China's development is still in an important strategic opportunity period, but the opportunities and challenges have new developments. From the international point of view, the world today is experiencing a century of unprecedented changes, a new round of scientific and technological revolution and industrial transformation, profound adjustment of the international power contrast, peace, and development is still the theme of the times, the concept of the community of human destiny is deeply rooted in people's hearts, while the international environment is becoming increasingly complex, instability and uncertainty have increased significantly, the impact of the new pneumonia epidemic is widespread and far-reaching, economic globalization has encountered countercurrent, the world has entered a period of turbulence period of change, unilateralism, protectionism, and hegemony pose a threat to world peace and development. Domestically, China has shifted to the stage of high-quality development, with significant institutional advantages, improved governance effectiveness, long-term economic growth, strong material base, abundant human resources, broad market space, strong development resilience, and stable social situation, and continues to develop with many advantages and conditions, while the problem of unbalanced and insufficient development in China is still prominent, the reform task in key areas is still arduous, and the innovation capacity is not Adapt to the requirements of high-quality development, in some areas, there are still shortcomings and weaknesses. In the upcoming new journey of building a modern socialist country, it is particularly important to dialectical thinking to look at the new opportunities and challenges of the new development stage, to see the organic in the crisis, the crisis can be turned into an opportunity, overcome the crisis is an opportunity, both to enhance the awareness of opportunities, but also to enhance risk awareness, accurate knowledge of the change, scientific response, proactive change, good at the crisis in the first opportunity, in the change in the new bureau.

The Proposal begins with a clear statement that it is necessary to "build a moderately prosperous society and start a new journey to build a modern socialist country in all aspects", and proposes a visionary goal for 2035. Taking into account the international and domestic situation and the 2035 vision, one of the most important tasks is to accelerate the construction of a new development pattern with domestic circulation as the main body and domestic and international circulation promoting each other. In recent years, the main driver of China's economic growth comes from domestic demand. In the future, consumption still has strong growth potential. The Proposal proposes to "promote a new type of urbanization with people at its core", "promote the stable and healthy development of the real estate market" and "accelerate the civilization of the agricultural transfer population". These measures are conducive to promoting the equalization of basic public services, providing higher quality employment opportunities for the agricultural transfer population, and promoting residents' consumption; they are conducive to expanding domestic demand and promoting the formation of a higher level of dynamic balance in which demand pulls supply and supply creates demand. To build a new development pattern, it is necessary to implement a high level of opening up to the outside world and open up a new situation of win-win cooperation while coordinating development and security and properly dealing with risks and challenges. A smooth domestic circulation will provide more market opportunities for other countries and become a huge gravitational field for attracting international commodities and factor resources. The dual domestic and international cycles promote each other, while it is conducive to further enhancing the efficiency of the domestic cycle.

Innovation has a central position in the overall situation of China's modernization. Only through continuous and efficient innovation can we enhance our comprehensive national power, better ensure security and promote high-quality development. To implement the innovation-driven development strategy, we must accelerate the development of a modern industrial system, promote the optimization and upgrading of the economic system, and maximize the role of innovation as the first driving force in leading development. To improve the system to promote innovation and development, accelerate the development of a modern industrial system through the comprehensive deepening of reform. Through reform to mobilize the enthusiasm of all parties, and constantly improve the efficiency of resource allocation, optimize the business environment, in order to continue to promote innovation and economic system optimization and upgrading. The "recommendations" adhere to innovation-driven development, accelerate the development of a modern industrial system, and deepen reform across the board to make a comprehensive deployment. As long as the spirit of the Recommendations is put into practice, we will be able to achieve higher quality, more efficient, fairer, more sustainable, and safer development, and write a new chapter of the "two wonders".