[Pan Gongsheng: Trade friction and protectionism are dragging down the global economy by affecting the supply chain, pushing up inflation, disrupting market expectations and other factors] From August 31 to September 1, Pan Gongsheng, governor of the People's Bank of China, attended the G20 Finance Ministers and Central Bank Governors meeting and said that trade friction and protectionism are dragging down the global economy by affecting the supply chain, pushing up inflation, disrupting market expectations and other factors. In order to achieve a stable and predictable economic environment, countries should strengthen policy coordination and reduce the uncertainty faced by market entities. During the "15th Five-Year Plan" period, China plans to promote economic growth in the following aspects. The first is to focus on the transformation of economic growth mode. Continue to promote high-quality development and sustainable growth of the Chinese economy. Pay equal attention to investing in people and investing in things to promote the accumulation of human capital. The second is to focus on technological innovation and promote productivity improvement. The third is to improve the market-oriented and legalized business environment, reduce corporate transaction costs, stabilize the expectations of business entities, and stimulate market vitality. Support the development of small and medium-sized enterprises and provide a level playing field for various market entities. The fourth is to promote inclusive economic growth. Improve the income distribution system and social security system, narrow the urban-rural and regional development gap, and take into account efficiency and fairness.