Consumption recovery builds the cornerstone of economic stable growth
December 11, 2023 11:48 Source: "China Social Sciences" December 11, 2023 Issue 2791 Author: Liu Cheng Xia Jiechang

An important composition of domestic demand,Consumption is the main contribution force to promote economic growth。Strong consumption recovery can not only support economic growth in the short term,It also provides market demand for various industries to activate downstream、Creative Vitality of Midstream and Upstream Industry,So as to support the potential economic growth rate for a long time,It is the cornerstone of my country's economic growth。

  Bet365 lotto review Consumption recovery potential

Since 2023,Policies and measures accompanied by expanding domestic demand to take effect,The potential for demand in my country continues to release,Especially consumption has a significant increase in economic growth。9 months before 2023,The total retail sales of consumer goods in our country reached 3.42 trillion yuan,6.8%year -on -year,1.6 percentage points higher than the GDP growth rate; my country's service retail sales increased by 18.9%year -on -year,It is an important force to drive consumption。From the perspective of production,Accommodation and catering industry,Information transmission、Software and Information Technology Service Industry,Leasing and business service industry,Transportation、Warehousing and Postal Industry,The added value of the financial industry increased by 14.4%, respectively、12.1%、9.5%、7.5%、7.0%。

Culture and tourism has become a powerful starting point for restoring and expanding consumption。In the first half of 2023,Domestic tourism income reaches 2.3 trillion yuan,increased by 95.9%year Bet365 lotto review -on -year。According to statistics from the China Performance Industry Association,In the first half of 2023,National Business Performance (excluding entertainment venue performances) showed 193,300 games,increased by 400.86%year -on -year; the box office revenue was 16.793 billion yuan,increased by 673.49%year -on -year。The performance brings ticket income at the same time,Can have a gathering effect in a short period of time,Draw travel、Traffic、Accommodation、Catering and other consumers,and promote related industries to increase employment opportunities。Where,Large performance projects have become an important starting point for local development of the economy and tourism economy。Especially during the summer vacation and National Day,"Cultural Tourism+Research" activities bloom everywhere,The cultural connotation of research further extension,The industrial chain of the research industry is continuously extended。

Current,my country's car consumption recovery trend is steady and good,New energy vehicle consumption performance is bright,Effectively pulled the investment and construction of the charging infrastructure。Since 2023,In various consumption policies、Auto marketing activities、Under the common pull of the new models to the market,In the first 6 months, the retail sales of car products in my country reached 2240.9 billion yuan,6.8%year -on -year。As of the end of June,National new energy vehicles have more than 16.2 million vehicles,Production and sales of new energy vehicles、Market share has also reached a historical high。With the increase in sales of new energy vehicles,The market demand for charging piles is also released,Charging infrastructure bet365 best casino games has a high -speed increase。In the first half of 2023,A total of 1.442 million new charging pile nationwide,Among them, the public charging pile is 351,000 units。As of the end of June,A total of more than 6.6 million charging piles in the country have been built.,Cumulative completion of power stations over 2200 seats。

other,With the extensive penetration of technologies such as the mobile Internet,A model innovation based on e -commerce platform,Online consumption has become an indispensable part of people's daily life。9 months before 2023,National online retail sales of 10819.8 billion yuan,increased by 11.6%year -on -year。Where,The online retail sales of the physical commodity 90435 billion yuan,increase 8.9%,The proportion of the total retail sales of consumer goods is 26.4%。Visible,E -commerce platform has exerted stimulating consumption、Unblocked cycle、Promoting the positive role of the economy。

 Powerful supporting potential economic growth rate

From the perspective of international experience,How to maintain a stable economic growth after the end of the high -speed growth stage (usually accompanied by the industrialization process),It is the biggest uncertainty faced by various economies。United States、Europe、Japan、South Korea and other developed economies generally face lower economic growth after completing the industrialization process,Only the GDP growth rate of individual countries in individual years is slightly higher than 3%。You can be sure of,China has not reached economic steady state,Industrialization、Urbanization process has not ended,The potential growth rate is still higher。

As a population with more than 1.4 billion people、Development of more than 400 million bet365 Play online games middle -income groups,Expanding domestic demand, especially expanding consumption, will inject long -term driving for my country's high -quality development。The theoretical connection is not difficult to find,Consumption is the source of power for more direct economic growth than production。It can be said,Consumption is related to total economic quantities、Economic growth and economic innovation。For example,People for smartphones、Consumption of digital products such as new energy vehicles forced chip supply,And other countries to my country's chip import restrictions forced the chip's localization process,Then the chip device is forced、Materials and components' self -sufficiency。It is under the support of the consumer side,A large number of middle -quality manufacturers and suppliers have continued to form,Therefore, the development and application of key equipment and core technologies,and continue to promote the development of high -end manufacturing。

What needs to be pointed out is,Rising wages of workers are incentives for promoting high -quality economic development。Improving the share of labor remuneration in the initial distribution,It may have a negative impact on economic growth,But because China's labor income share is low,Increasing its proportion will not affect the potential growth rate,Instead, it will expand consumption。So,Under the same conditions,Should reduce credit costs、Enhance the matching degree of the quality of the workers and the needs of the enterprise、Tax reduction、Reduce logistics cost、Improving industrial supporting and stable supply capacity of parts and components,Really reduced the burden on the enterprise。

 Alert the blocking point faced by consumption recovery

Bet365 lotto review Current,The consumption of residents in my country still faces some blockage,It is mainly manifested in consumption power、Consumption will、Consumption experience and other aspects。I think,It should be further improved from the income of residents、Praise consumer confidence to start,Multiple measures to release consumption potential。

First,Effectively increase residential income。Consumption is a slow variable,It is also a stable function of permanent income,Not only depends on the current consumption level and consumption stimulus policy,It also depends on people's expectations for the overall income situation in the future。So,To expand consumption,It is necessary to effectively increase the long -term income of residents through high -quality employment。This requires placing employment in a more prominent position,Create more new types of employment,Use "green light" to encourage and reduce the "red light" limit,Reasonably guide various types of funds to high technical efficiency、Concentration of fields with many employment。Multi -channel increases the income level of low and medium -income groups,Change the situation where demand shrinkage and expected weakness,While fundamentally expanding consumption scale,Drives effective supply through terminal requirements。

Second,boost consumption confidence。One aspect,Guide consumers to establish the correct consumption concept,Encourage consumers to pay attention to quality、Pursue environmental protection、Scientific Consumption,Then in green、Reasonable、Under the concept of sustainable consumption,Effectively improve living conditions、Improve the quality of life。Further reduce residents' bet365 live casino games purchase of houses、Buying a car、Education and other aspects of loan pressure,Improve credit convenience,Reduce consumption cost。On the other hand,Increase financial investment in the field of important people's livelihood,To better solve the elderly、Medical、Education and other public service issues,Methods such as the special additional deduction standards of personal income tax of specific populations,Stimulate more consumption potential,Effectively improve marginal consumption tendency。other,It should also strengthen my country's enterprise brand construction,Increase brand awareness and reputation,Enhance consumers' sense of identity in local enterprises and "domestic goods"。

Third,Improve the consumer environment。Restore and expand consumption,Policy precise force is required,It is also necessary to actively act as the active entity,Innovative consumer scene,Cultivate new formats and consumption models,better satisfaction consumers' personalization、Diverse needs。For new products、New business has greater tolerance,Encourage home appliances、Car、Mobile phone and software update replacement。Through digital scene,Cultivate and develop used cars、Leisure transaction、B & B and other traditional markets that are in failure of failed,Release personalized market demand。Encourage various regions to take the consumer scene that fully reflects its own characteristics as the starting point,Create a good consumer environment,Create urban brands and regional consumer centers。

  (Author is an associate researcher at the Institute of Finance and Strategy of the Chinese Academy of Social Sciences; Deputy Dean of the Institute of Finance and Strategy of the Chinese Academy of Social Sciences、Researcher)

Editor in charge: Zhang Jing
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