Introduction
has always maintained a highly serious attitude in epidemic prevention and control, and has spared no hesitation to protect the lives of the people at the cost of damaging economic development.
So in a short period of time, my country has achieved very significant results in epidemic prevention and control, and social order has quickly recovered and has begun to enter the stage of economic recovery.
However, the practices of the United States and our country are very different. The epidemic prevention and control measures are very scattered and even have no effect at all, resulting in the spread of the epidemic in China. According to relevant statistics, as of now, the number of deaths in the United States due to the epidemic has reached more than 1 million, and the total economic volume has also declined significantly.
Some people started a discussion, can my country break through the total amount of GDP of US$20 trillion this year? Can the economic gap with the United States be successfully narrowed and even surpassed in the future?
1. The current economic situation of the United States
As time goes by, competition between countries has become increasingly fierce. If you want to have a higher status internationally and have a higher voice, you must have absolute economic strength. So how do you look at a country's economic strength?
The easiest way is to compare GDP data. As we all know, every time a period of time, relevant institutions will summarize the total GDP of countries around the world and then draw a ranking list, which will give you a clear view of the economic development status.
It is undeniable that the epidemic has swept the world, causing huge impact on the economic development of many countries and its development is in trouble. In order to solve the problem, some countries choose to print money and put it into the market. eventually led to the continuous increase in domestic inflation rate, which made the people suffer.
and the United States is one of them. I believe everyone knows that in the international currency market , the US dollar has a great influence. After the large-scale printing of the US dollar, some domestic economic risks began to shift, and other countries in were forced to be affected, but what the United States did not expect was that it also suffered the consequences.
It is reported that against the backdrop of rising inflation rates, grain prices in the United States have increased significantly. For example, corn prices have achieved a growth rate of 44%, and gasoline prices have also reached more than 20%.
According to the latest news, the inflation rate in the United States has created a new history, the highest level in the past 30 years.
As prices continue to rise, consumption capacity will be greatly affected. Many people gradually reduce their willingness to consume, and the consumption ratio has also declined sharply. Therefore, the United States has created GDP data and is not optimistic, and it even achieved a 0.6% decline, and the economy has experienced a recession. Not long after, relevant U.S. departments will release economic data from July to September, and they should not achieve outstanding results.
It is worth mentioning that the United States has an extremely high inflation rate and prices have risen sharply. In this way, the nominal GDP has increased considerably.
Some people may know little about the economic structure of the United States. In fact, consumption is a huge driving force for the growth of the United States economy, accounting for as much as 70%. For example, the consumption data in the United States is very considerable, accounting for as much as 17% of the total global consumption, so it has always been called a major consumer country.
Therefore, after the sharp rise in prices, the US economy ushered in huge development resistance. If the inflation rate cannot be reduced, the US economy will be even more sluggish in the next few months.
2. The current economic situation of my country
According to data released by relevant departments, my country has created a total of 29.25 trillion yuan of GDP this year, which is equivalent to US dollar to 4.39 trillion, achieving a 0.4% growth. Although there is still a big economic gap compared with the United States, it has certain advantages in terms of growth rate.
According to relevant information, my country has created a total GDP of 8.64 trillion yuan.In terms of economic growth momentum, there are also great differences between my country and the United States. Consumption is not the main driving force for economic growth, but the foreign trade, infrastructure and real estate industries.
In terms of foreign trade, my country still has very good development prospects, but in terms of infrastructure and real estate, it is not so optimistic. The global economy is turbulent, resulting in a decrease in infrastructure project orders.
The domestic real estate industry ushered in reform and gradually began to cool down. Investors can only choose to withdraw from the real estate industry and transfer funds to other fields.
summary
In short, according to the forecasts of relevant institutions, my country is likely to achieve a total GDP of 19.9 trillion US dollars this year, while the number of the United States may reach 25.3 trillion US dollars. In this way, the proportion of my country's total economic output in the United States will be greatly increased to 78.7%. In this way, it may be possible to successfully surpass it in the near future.
today hotly discussed: Is my country's GDP expected to exceed 20 trillion US dollars this year? Can the gap be narrowed smoothly in the future?