Eel, cabbage, hawaiian nuts... The quiet changes in food around us have opened a window of observation for us to understand the "state" of China's economic industry, the "momentum" of development and the "new" of weather. Starting from now on, this edition will launch a series of comments, through the changes in product industry and consumer supply in the New Year, we will see through the warmth and heat of the economy, space and potential, confidence and confidence, and build a joint force to promote high-quality development.
——Editor
Use the domestic circulation to attract global resource elements, so that commodity flow, capital flow, information flow, and knowledge flow can be circulated at low cost and efficiently, which is enhanced by the endogenous driving force of the economy and the initiative in development strategy. How to see through market vitality? The "dual circulation" behind the "two fish" of domestic eels and imported salmon provides an observation perspective.
The first fish is the "Chuan-size" eel. Sichuan has an eel breeding base and Chengdu has processing enterprises. After 32 processes are released, the eel is carried on the China-Europe Express and other "traveling" to dining tables around the world. Today, the annual output of "Sichuan eel" reaches more than 1,300 tons, and the annual processing capacity is more than 800 tons, and more than 90% are sold overseas.
From relying on natural fishing, to freshwater aquaculture and near-land processing, China has become the world's largest eel farming and exporter. This is due to the good ecology of stable water quality and superior water sources in China, and also depends on the linkage between breeding and processing, domestic sales and exports. In the new year, relevant breeding bases plan to further improve quantity and quality to ensure that both the "entry" and the "export" are safe and high-quality.
The second fish is Norwegian salmon. Not long ago, the first European fresh food scheduled flight route operated by China Eastern Airlines Cold Chain was opened. Norwegian salmon "flying" about 8,000 kilometers, directly to Ezhou, Hubei, with a total journey of about 11.5 hours. This product was quickly distributed to various places through domestic air and ground cold chain networks. During this year's New Year, many people bought Norwegian salmon directly picked from the origin.
Data shows that in 2024, Norway's seafood exports to China reached 182,000 tons, a year-on-year increase of 14%. China has jumped to Norway's largest market in Asia for seafood exports and the fastest growing market worldwide. Behind the "fastest growth" is the unabated momentum of consumption upgrading in the large market of more than 1.4 billion people, and the thriving modernization continues to provide new opportunities for all countries.
Eels produced in China "swim" to the world, Norwegian salmon "fly" to China, the story of prospering the market and mutual benefit shows that China has deeply integrated into the world economy and continues to expand new space for economic growth while promoting the interaction and smooth operation of domestic and international circulations.
The foundation of the new space is "inside". An important feature of a major country's economy is that domestic demand is dominated by and internal circulation is possible. China is the most growing consumer market in the world. Growth is inseparable from the support of policies. Taking automobile consumption as an example, thanks to the "two new" policies, my country's passenger car sales increased by 5.8% year-on-year in 2024. Many institutions have calculated that the policy has driven domestic passenger car sales between 2 million and 2.5 million. As a result, upstream raw material industries such as glass, downstream service industries such as automated production, etc., have been driven to flourish. Vitality beats pressure, opportunities outweigh challenges. Accurately grasping the laws of the domestic market and tapping the potential of domestic demand will better promote the healthy and sustainable development of the economy.
The key to the new space lies in "transmission". Whether it is to smooth the domestic circulation or promote dual circulation, it is necessary to clear up bottlenecks and eliminate pain points. Looking at a region, Yunnan, Guangxi and other places are based on their location advantages adjacent to Southeast Asia and actively explore cooperation methods that are closely linked to the industrial chain and share resources. Looking at the overall situation, steadily expand institutional opening up such as rules, regulations, management, and standards, enhance the attractiveness of the domestic market, and drive more foreign-invested enterprises to vote for China. The domestic circulation is used to attract global resource elements, so that commodity flow, capital flow, information flow, and knowledge flow can be circulated at low cost and efficiently, which is enhanced by the endogenous driving force of the economy and the initiative in development strategy.
The more you face external shocks and other influences, the more you can see the value of domestic and international dual circulation. China has been deeply embedded in the global industrial chain and value chain. "You have me, I have you" is the general trend. In this process, capital flow and industrial transfer are normal phenomena. Compared with migration, the industries we have introduced are of higher quality. At the same time, Chinese companies are actively going global and have won wide recognition from the international community with high-quality products, technology, equipment, management and services. In the benign interaction between the internal and external dual circulations, there is more win-win cooperation and mutual benefit, rather than the so-called "foreign capital leaving" and "economic coercion". Only by recognizing the mainstream, following the general trend, seeking more common ground while reserving differences, gathering similarities and transforming differences, and achieving the development of benefiting oneself and others can “hello, I, hello everyone.”
Data shows that during this year's Spring Festival holiday, my country received more than 3.43 million inbound tourists from 175 countries and regions, an increase of 6.2% year-on-year. Some foreign media believe that the Chinese market will become a landmark start for the global tourism boom in 2025. A more open China embraces the world with open arms. Continuously realize a higher quality domestic circulation and a higher level of international circulation, with vitality internally and support externally, and the prospects of China's economy are brighter.
