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Word文档下载后(可任意编辑) SETTING,THE,TONE By Michael Zakkour The annual sessions of Chinas top legislature and political advisory body, commonly known as the Two Sessions, have always been a global media event for the setting of the annual growth target and the governments agenda and policy priorities for the year. This years meetings were not only critical to Chinas leaders and citizens, but also of major interest to global companies, politicians, trade groups and other institutions. As the world looks to China for results of the battle against the novel coronavirus disease (COVID-19), its current economic state and what the future holds, there are three key areas of especial interest: what we have learned from the results of the Two Sessions, a look at Chinas post-COVID-19 recovery thus far, and two key factors that will help determine the speed and scope of Chinas rebound. Whats next?Getting people back to work will be the most critical action item on the 2020 and 2021 agenda for the Chinese Government. During the Two Sessions, Premier Li Keqiang said the government will take strong measures to stimulate employment. Anything that will get businesses stable, reopened, and fully staffed is paramount. New companies that meet the needs of a post-COVID-19 world in fields such as medicine, business, transportation and food safety, among others could be big winners over the next decade at home and abroad. New digital commerce and smart-living technologies and biomedicine companies are also key to building the new economy, and could become forces for multi-decade growth and job creation, rather than simply trying to settle for returning to the pre-virus state. The evolution of e-commerce and digital commerce and the industries they created, led by Alibaba, Tencent, JD.com, Huawei, Xiaomi and Pinduoduo, not to mention sub-industries like key opinion leaders on e-commerce management, have transformed the way consumers look for, buy and consume the majority of products and services and has been a job growth engine for almost 20 years. Now is the time to focus on further development of world-class digital commerce and technology companies as generators of jobs. The next six to 18 months will be challenging for almost every business and government in the world. Therefore, not only is it important for China and other countries to work internally on a restart and return to growth, but also to work together on this global problem that requires both domestic and global solutions. 第 3 页 共 3 页
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