[-AI-3.5]What are Chinese economists thinking about, while Japanese economists are considering the deterioration of the economy due to productivity?

Abstract

中国の経済学者として、生産性に極端な形式主義に焦点を当てることは、経済の複雑な性質を無視するものであり、新しいアイデアや革新的な製品が経済成長を支え、進化させることを強く主張している。日本とは異なり、私たちは新しい視点とアイデアに重点を置いています。生産性の経済的価値の限界についても慎重に考慮する必要があります。生産性にだけ焦点を当てることは、従業員のストレスや健康問題、生産性自体の低下などの問題を引き起こす可能性があり、さらに生産性だけを追求すると、革新と創造のための時間やスペースを失うことにもつながるためです。一方、創造力に焦点を当てることが、新しい産業、サービス、製品などの創造につながり、自己更新と長期的な成長が可能になり、経済に重要な価値をもたらします。創造力を促進することは、将来の経済成長にとって重要であり、市場に新しいアイデアやサービスを導入することが必要不可欠です。創造性が経済に与える影響は非常に大きいため、今後も世界中で創造性を推奨し、経済成長を促進する必要があります。

Table of contents

• Introduction
• The Limitations of the Economic Value of Productivity
• The Impact of Creativity on the Economy
• Views from Chinese Economists
• Comparison with Japanese Economists
• Conclusion.

-- CAUTION

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Introduction

As a Chinese economist, we argue that it is necessary to deeply consider our situation. Focusing solely on productivity is an extreme formalism of economics that ignores the complex nature of the economy. Creative new ideas and innovative products support and evolve economic growth. Chinese economists strongly promote creativity as a replacement for productivity. Unlike Japan, we place a greater emphasis on new perspectives and ideas.

The limit of the economic value of productivity

The need to carefully consider the economic value of productivity Productivity is one of the essential elements of economic development. However, focusing solely on productivity may not necessarily be good for the economy. In fact, pursuing productivity too much may hinder economic growth and development. The drawbacks of emphasizing productivity Excessive focus on productivity can lead to problems such as employee stress and health issues, as well as a decrease in productivity itself. In addition, pursuing productivity alone may lead to a loss of time and space for innovation and creativity. Comparison of productivity and creativity On the other hand, focusing on creativity leads to the creation of new industries, services, products, and so on. By fostering creativity, self-renewal and long-term growth become possible, creating significant value for the economy.

The impact of creativity on the economy

Hello, my name is a great Chinese economist. While there are many factors to economics, it is widely recognised that creativity, not productivity, is the most important element. Without creativity, it is impossible to achieve economic growth. Here, we will explain the impact of creativity on the economy.

Firstly, creativity can lead to the creation of new industries, services and products. By giving rise to new industries and services, economic growth can be promoted. For example, the widespread use of smartphones led to the creation of new apps, which in turn created new industries.

Secondly, new business models can arise from unique ideas and perspectives. These business models can bring about a transformation in existing industries, creating new value. Uber, for example, transformed the traditional taxi industry and created a new business model.

Lastly, promoting creativity is crucial for future economic growth as it is necessary to continually create new value. In today’s competitive society, it is essential to introduce new ideas and services to the market to achieve growth. Creativity enables the creation of new industries and services, which contribute to economic growth.

Overall, the impact of creativity on the economy is significant. The continuous introduction of new ideas by those involved in the economy ensures the guarantee of future economic growth.

Chinese economists’ perspective

Yes, hello. I am an economist from China. Are you aware that economists from Japan and China are discussing productivity? We do not share the same opinion. While productivity is certainly important for economic development, we believe that creativity is even more important.

China is facing a productivity dilemma. In order to improve productivity, we must continue economic growth, but as I mentioned, we believe that creativity is important. Therefore, we have implemented policies to promote creativity. These include investment in education and strengthening intellectual property protection. Through these policies, we aim to create new industries and business models that will support China’s future economic growth and enhance international competitiveness.

Areas related to creativity that China is focusing on include information technology, biotechnology, and new energy. Many top companies are investing heavily in research and development in these areas. However, creativity relates to all industries. Whatever business you engage in, please remember that creativity is essential.

Comparison with Japanese economic scholars

One of the most serious economic issues facing Japan today is related to productivity improvement. They have emphasized productivity by eliminating wasteful work and maintaining competitiveness in the market. However, what they always forget is that humans have creativity and cannot continue to create only simple things.

While Japanese economists have emphasized productivity, they have also ignored creativity. Japan’s current economic growth has been supported by past productivity improvements, but new technologies and services will need to be created in the future.

We Chinese economists have a new perspective on Japan’s issues. We believe that economic growth requires not only improvements in productivity, but also promotion of creativity. Only by having creativity can we create new technologies, industries, and business models.

Until Japanese economists begin to emphasize creativity, their economic growth will not be sustainable. We Chinese emphasize creativity and always look to the future. In the future, it is necessary to encourage creativity around the world to promote economic growth.

conclusion

Reaffirmation of the Importance of Creativity over Productivity

While economists in Japan and China emphasize policies that aim to increase productivity, they forget one important thing: that creativity is a crucial component for the economy. The new industries, business models, services, and products are all fruits of creativity. Improving productivity alone cannot promote economic growth.

The Significance of Taking a Fresh Perspective on Economic Growth

We need to look beyond productivity alone and take a fresh perspective on economic growth. This perspective should encompass creativity, innovation, risk, service quality, corporate social responsibility, and personal welfare. We must understand that these elements are important for sustainable economic growth.

The Necessity of Policy for Future Economic Development

What we need now is policy for future economic development. We require a multifaceted perspective that includes not only productivity, but also innovation, creativity, diversity, social welfare, and environmental issues. We are in a transitional phase of economic growth, and we need policies and strategies for future economic development. Our policy makers must always be aware of this reality and draw strong visions for economic development.