Requirement side interaction with the supply side promotes growth
March 15, 2024 09:52 Source: "China Social Sciences" March 15, 2024 Issue 2853 Author: Liu Jinshan

Government work report in 2024 pointed out,One of the key tasks of economic work is to focus on expanding domestic demand,Promoting the economy to achieve a virtuous cycle。Organize the implementation of the strategy of expanding the domestic demand and deepening supply -side structural reforms,Better coordinating consumption and investment,Enhanced the driving effect on economic growth。This strategic deployment has a macro target direction,More micro practical strength。

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2024,The expected target of GDP growth in China is about 5%,Residents' consumer prices rose about 3%,According to the optimistic estimation of the economic recovery,It can be calculated that the GDP in 2024 is about 136 trillion yuan,increased by about 10 trillion yuan from 2023。The economic meaning pointed at this macro target is reflected in: from the supply side,It is necessary to produce 136 trillion yuan of products and services; from the demand side,To achieve bet365 live casino games 136 trillion yuan of domestic and foreign market demand,Equivalent to the market size increased by 10 trillion yuan compared with 2023。

More important thing is,Market demand is a need for payment,Only produce better products and services,can we expand more market demand,"Better" of the supply side and "more" benign interaction on the demand side。So,This strategic deployment requires demand side and supply side interaction to promote economic growth,Demand traction supply、higher level dynamic balance of supply creation demand。

From a longer -term perspective,The government work report proposes that the expected target of economic growth this year is about 5%,Considering promoting employment income、Preventing and resolving risks and other needs,and connect with the "Fourteenth Five -Year Plan" planning and basically modernization goals。We must scientifically and rationally understand the strategic significance and practical point of the strategic significance and practical point of the predicted speed of economic growth and the five -year planning and basically realizing modern goals。

  Equal preface to the demand sideis to expand domestic demand

my country's economic development has evolved from "outside promotion" to the development stage of "inside and promoting"bet365 Play online games ,Demand side power of economic growth is structural conversion。This is the key to our scientific and rational understanding of the new development pattern。

From this,I want to stabilize exports to developed economies,Guide enterprises to develop in -depth development of developing countries and markets such as ASEAN,To expand the domestic market,Give full play to the advantages of demand for the large -scale market in my country。2023,my country's online and offline markets are growing rapidly,The growth rate exceeds GDP growth (5.2%),The trend of domestic demand to drive economic growth fully appears。This is not a short -term phenomenon,but a long -term trend。

So,The priority preface to solve the problem of "plumment of external demand and insufficient domestic demand" is,Focus on expanding domestic demand,Inner promotion,Then solve the "there is a blocking point in the domestic large cycle,Interference in international cycles,Realize the healthy interaction of domestic cycle and international cycle。

  Expansion of domestic demand must better coordinate consumption and investment

Efforts to expand domestic demand,Must better coordinate consumption and investment。Its essence lies in "better coordination"。

Promote the stable growth Bet365 app download of consumption,To increase income、Optimized supply、Reduce restriction measures and other comprehensive measures,Stimulate consumer potential。Effective demand is the need for payment。Increasing income is to increase consumer payment and potential purchasing power,Optimized supply is stimulating consumers' purchase desire,Reducing restrictions is to turn the desire to buy the ability to buy into a realistic demand。Three missing one,Comprehensive policy,can further realize the people's longing for a better life。Stability and expanding traditional consumption focus on "steady progress",focusing on expanding capacity and improvement; cultivating and strengthening new consumption in focusing on "promoting stability",focusing on cultivating new growth points。

Actively expand effective investment,Focus on supporting technological innovation、New infrastructure、Energy -saving emission reduction carbon,Strengthen the shortcomings of economic and social weak areas such as people's livelihood,Promoting the construction of flood control and drainage and disaster anti -disaster anti -disaster anti -disaster anti -disaster anti -disaster anti -disaster anti -disaster anti -disaster anti -disaster anti -disaster anti -disaster anti -disaster anti -disaster anti -disaster anti -disaster anti -disaster anti -disaster resistance,Promote all kinds of production equipment、Service equipment update bet365 live casino games and technical transformation。This is different from traditional investment -led growth models,Instead, investment pull growth model reflecting the new development concept。More importantly,This deployment takes into account short -term and long -term、Stock and increase。Look at it in the short term,Investment as one of the "three -driving carriage",Direct economic growth from the demand side; from the long term,The key investment field will form a new production capacity,Pioneer capital of economic development such as new infrastructure,Develop new productive forces from the supply side。From the perspective of stock,To make a new round of equipment update and technical transformation,Realize the stock increase; from the point of view of incremental,Technology Innovation、New infrastructure、Green Development Technology and Equipment,All reflect the incremental innovation and quality。

In particular, what needs to be emphasized is,A new round of large -scale equipment updates and consumer goods replace the new,The focus of the work of expanding domestic demand,It will better promote consumption and investment benign cycle。Consumption is both the end point of economic operation,Also from the Bet365 lotto review starting point。Consumption depends on income,Income depends on employment,Employment depends on investment。Equipment update in production field,In the consumer field with old replacement,It is intended to work out from both ends to unblock the reproduction cycle of society。

To sum up,Strategy to expand the strategic deployment of domestic demand,Implement Xi Jinping's economic thought,Adhere to the system concept,Persist in steady progress、To promote stability、End first and then break,It will continue to promote the effective improvement of the economic realization and the reasonable growth of quantity,Promoting high -quality economic development。

 (The author is a professor at the School of Economics of Jinan University)

Editor in charge: Zhang Jing
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