Xiao Gang: China has a super-large-scale market advantage in response to the epidemic

On May 16, 2020, the Tsinghua Wudaokou Global Financial Forum opened online. Xiao Gang, member of the National Committee of the Chinese people's political Consultative Conference and former chairman of the China Securities Regulatory Commission, said at the meeting: China is the country with the fastest economic recovery in the epidemic. In the long run, to achieve high-quality economic development, the advantage of China's super-large-scale market is more obvious, which other countries do not have.

The release of super-large-scale market potential will form a huge supply capacity, which will effectively support short-term epidemic response and long-term high-quality development. It needs to be exerted from two dimensions: increment and stock.

Tap incremental potential: urbanization, digitization, infrastructure and so on.

Invigorate the stock: huge savings, foreign exchange reserves, state-owned assets, financial deposits and so on.

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