The Study On The Resilience Of China's Economic Development

The world is undergoing profound changes unseen in a century,risks and challenges are complexly intertwined in open macroeconomic conditions.The global economic situation is changing,the traditional governance mechanism is in the twilight,and it is facing the effects of various factors,such as the economic and trade game between countries,the fluctuation of economic cycle,the adjustment of economic structure,the influence of technological revolution,the chain impact of economic crisis and the global impact of sudden public crisis,etc.Changes and adaptations have thus become the prominent features of economic development in this period.In the long run,the trend of reform,differentiation and adjustment of the world economy will continue for a long time,external risk mutable factors and interference factors will continue to be released.Under this situation,how can we fully resist the interference of external complex factors,promote stable and sustained economic growth,and improve the development of quality and benefits,so as to enhance the resilience of economic development has become an issue for various countries to start in-depth discussions.Today,the economic links between China and other countries are deeper and more comprehensive,the realities and trends of world economic development are also inevitable for China to face on the road to high-quality development.As for ourselves,we will face a systemic adjustment of shifting to high-quality economic development.At the same time,we are faced with the difficulty of concentrating on solving our own stock problems and structural problems.We should build a resilient economic system,so as to stabilize the foundation,reduce risks,increase kinetic energy and optimize the structure,and form a long-term economic operation path.Resilience of economic development refers to the ability of a country or region's economic system,which is to cope with risks,adapt to changes and promote innovation,in order to achieve normal operation and sustainable development in the changing internal and external economic environment,and the resilience of economic is developing and evolving.The resilient economic system not only has the self-adapting and self-adjusting ability in crisis and change,but also is good at finding new development opportunities,so as to promote economic organism to be healthy and stable.This study is based on a new historical period of China's economic development and transformation.Through the combination of the times background and the new features of the evolution of the international and domestic economic patterns,the research and analysis of "economic development resilience" has extended from the crisis response of a single perspective to the accumulation and composition of resilience of an evolutionary perspective,bridging the gap between impact and normal research under the original concept of economic resilience to some extent.Through analysis from multi-dimensional perspectives of connection,development and evolution,thus laying a theoretical and practical foundation for strengthening China's path of economic reform and development and ultimately achieving high-quality transformation.In order to form a complete research framework of economic development resilience,the study extracts the basic research dimensions and abstractly simulates the analysis process of economic development resilience,based on the reality of China's economic development,thus generated the China's economic development resilience theory model.By expounding the basic principle of resilience theory model,we have done in-depth research in four key areas,which are foundation resilience,structure resilience,innovation resilience and institution resilience.First,the foundation resilience is the primary layer of the theoretical model,it is manifested in the economy's ability to adapt and resist,and it has certain historical inheritance,space-time stipulation and proactive preparation.As the economic system of a country or region is gradually formed through accumulation,under certain natural,population,organization and other conditions,relatively stable interaction and development foundation will be formed among industries,enterprises and other entities in the system.This basic relationship is similar to the resistance of organisms and has certain immune functions.The foundation resilience of China's economic development is reflected in its own unique characteristics and development potential,such as vast land,rich natural and human resources.These basic characteristics have provided solid support for China's sustainable economic development,and realized relatively sufficient resource supply,so as to form effective basic protection.Based on this,by consolidating the internal supporting elements of the economic foundation and promoting the transformation and promotion of other advantages,it is conducive to the formation of internal basic elastic space of economic development and finally constructing the basic barrier to cope with risk changes.Second,structure resilience and innovation resilience are the core of the theoretical model,which are reflected as a spatial maneuver and innovation ability from the perspective of evolutionary resilience.The core layer will provide the power source for long-term economic development under the action of evolutionary potential energy.The structure resilience of China's economic development is reflected in its resilient economic structure,which is supported by a coordinated and interconnected regional structure,a diversified industrial structure,a market structure with greater leeway as a buffer and a strategic opportunity of upgrading and changing the demand structure.Strengthening structure resilience is conducive to minimizing structural friction and mismatch,so as to fully and effectively optimize the allocation of resources and maintain the self-consistent,balanced and coordinated development of various economic factors.Innovation resilience can promote the economy to maintain long-term sustained growth,it is an important power source for economic development.Third,institution resilience is the guarantee layer of economic development resilience.The resilient economy needs to have the ability of economic adjustment and governance within the framework of adhering to fundamental principles and systems in order to actively respond to the needs of economic development.The mode of action of the guarantee layer is mainly to form "dynamic adjustment" by introducing the influence of system and policy environment.With the diversified support system of government,market and society as the guarantee and with the aim of controlling,preventing and coping with economic risks,to ensure the stability and predictability of economic development.What needs to be explained is that the research layers of the resilience theoretical model are interrelated and the research dimensions complement each other.They are by no means isolated from each other.Through the joint action of internal and external factors,it forms a certain level of interactive reaction mechanism,which further proves how to stimulate economic resilience factors in three levels: stabilizing basic capabilities,strengthening core drive and forming multi-level guarantee,so as to form an important mechanism to ensure the sustainable development of the economy.Through analysis,we believe that China's economic development is resilient,and the resilience is not fixed but constantly strengthened in development with the advantage of innovation and promotion.In the future,we should pay attention to the space that needs to be improved in every resilience dimension,and maintain the China's overall resilience in economic development.In order to realize the strategic maintenance of China's economic development resilience,it is necessary to "maintain and consolidate" the foundation resilience,"extend and optimize" the structure resilience,"balance and activate" the innovation resilience and "enhance and perfect" the institution resilience.The research on theory of economic development resilience is relatively new and the research methods are still being explored step by step.In view of this,the study will be a comprehensive analysis from different perspectives,combing with the theoretical model and empirical research.Based on the theoretical model analysis and research dimension decomposition of China's economic development resilience,this study defines specific indicators and makes an empirical quantitative analysis on the resilience of China's economic development in recent years,and form the path of future maintaining and improving.On the whole,the theoretical research on the resilience of economic development is still in its infancy,so the study draws on the mature theoretical research and forms its own research framework to analyze China's economic development resilience.By systematically analyzing the resilience of China's economic development,the study enriches the theoretical research methods of economic development resilience to some extent.It may provide a new perspective for China's economic development to high-quality.