China still depends on infrastructure

The economic downturn, China's economic model is still infrastructure. The release of large amounts of money ultimately pushes up the value of assets
 The bubble of the house price is getting higher and higher, everybody every enterprise has no dream

At the beginning of 2020, a sudden and major new crown epidemic has swept the whole of China, the world economic crisis and the Sino-US trade dispute, which has triggered a great debate and great change in macroeconomic ideas and policies. Economic life has briefly stagnated and all walks of life have been hit hard.
 How can we get out of the quagmire of economic stagnation under the epidemic? How should we overcome the crisis and achieve economic take-off?
 Under this background, the package of expanding consumption, investment and domestic demand led by "new infrastructure" finally wins, becoming the key winner of crisis response and big country competition!
 Chinese economists and researchers have long taken a clear-cut stand to advocate new infrastructure, which has aroused widespread concern in the market and industry discussion. Finally, the new infrastructure has moved from academic discussion to social consensus and national strategy, which has been formally written into the 2020 government work report and become a new engine of China's economy!

Future,5 G、 data center, artificial intelligence, charging pile, urban agglomeration and other areas of new infrastructure development on a large scale, will bring profound changes and major opportunities to all walks of life, to attract the global industrial chain, seize the commanding point of scientific and technological innovation, break the United States strategic containment, and achieve the great rejuvenation of the Chinese nation lay a solid foundation.
 The key to a new round of infrastructure construction lies in the "new ", and it is necessary to promote a new round of infrastructure construction in a way of reform and innovation, rather than to take the old road again, leading to excess waste and the phenomenon of" ghost city ".
 From the historical experience and practical practice," new infrastructure "is a simpler and more effective way to deal with the economic crisis, taking into account the short-term expansion of effective demand and long-term expansion of effective supply, with stable growth, stable employment, structural adjustment, promoting innovation, benefit the people. The United States is over-reliant on quantitative easing, while China is pushing for new infrastructure to turn the corner.

Although traditional infrastructure has changed its name to new infrastructure, CNMOULDING feels pessimistic and look at rising house prices.