U.S. media claims that China's approach is completely wrong! On October 29, the Wall Street Journal published an article claiming that China's current approach is choosing to continue taking science and technology and manufacturing as core driving forces, rather than prioritizing improving people's livelihoods and stimulating domestic demand. In Beijing's development blueprint from 2026 to 2030, it calls for a nationwide mobilization, adopting "unconventional measures" to achieve decisive breakthroughs in key technologies such as semiconductors, thereby accelerating the process of technological self-reliance and strength.
There is no denying that China has achieved remarkable growth in advanced manufacturing and technology fields, but the "cost is" that China's consumption and domestic demand are weak, deflationary pressure is entrenched, and industrial capacity is oversupplied. The U.S. media stated that this means the Chinese government is allocating more resources to key areas for competition with the United States, rather than promoting consumption transformation or strengthening social security. The U.S. media warned that if China continues in this way, the main threat to China's rise may not be external containment, but fundamentally because China has "ignored" the urgent needs of ordinary Chinese families, focusing too much on its own industrial strength.
What do we think of this criticism from the U.S. media? Undoubtedly, this is a typical form of mental manipulation. The real intention of the U.S. media is only one: to prevent us from upgrading the industry, to prevent us from solving the problem of being "strangled", and to let the big cake of high-tech fields be given to the United States voluntarily. In fact, according to our experience of four decades of reform and opening up, only by continuously upgrading the industry, constantly capturing high-profit industries, can the general living standards of residents see fundamental improvement.
If we remain at the level of low-end manufacturing, our fate will only be to become a factory for American and European companies, earning extremely meager profits. Such a hard life, Chinese people certainly do not want to live. For a country, its funds and resources are limited; these funds must be used for the field of social welfare, as well as invested in the most critical areas, making sure that the best steel is used on the knife's edge. If following the logic of the U.S. media, why doesn't the United States cut its military spending in half to improve social welfare? Obviously, the U.S. media's statement is just trying to make us give up our weapons, and we would never listen to such nonsense from the U.S. media.
Original: www.toutiao.com/article/1847319167814154/
Statement: This article represents the views of the author himself.