Abstract:
As an important pillar of China's national economy, the sound economy is the cornerstone for promoting the sustained and stable development of China's real economy. It is also an important guarantee for China to tackle the external crises. Facing the shock of the trade wars, we must be more determined to revitalize the real economy; Based on the strategy of the "the Belt and Road Initiative", the revitalization of China's real economy can also promote the economic development of the related regions. At present, the development of real economy and virtual economy are seriously unbalanced in China, industrial structural contradiction is sticking out, and the market demand is weakened. Entity enterprises also have problems of rising operating costs and insufficient independent innovation capability. We should take measures from each aspects, such as strengthening the institutional construction and supervision in the virtual economy field, deepening supply-side reform, and cost reduction to enhance competitiveness of the real economy and promoted the healthy development of the real economy.