Persist in the expansion of domestic demand and the formation of a strong domestic market, by studying and implementing the spirit of the Fifth Plenary Session of the XIX Central Committee of the Party.



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The formation of a strong internal market and the construction of a new pattern of development are clear requirements established by the Fifth Plenary Session of the XIX Central Committee of the Party. A complete and accurate understanding of the profound implications is of great importance for us to implement the strategic deployment of the Party Central Committee.

Today’s world is undergoing major changes that have not been seen in a century. Economic globalization has been facing headwinds in recent years. The sudden new epidemic of corona pneumonia may further intensify the anti-globalization trend. From an internal perspective, the problem of unbalanced and insufficient development remains prominent, and the task of reforming key areas and key links remains arduous. We must have a deep understanding of the new contradictions and challenges that the complex international environment brings, accurately grasp the new characteristics and requirements that generate changes in the main contradictions of our society, respond scientifically to changes, take the initiative to seek the right change, nurture opportunities in crises and take advantage of changes. New office.

Since the 18th National Congress of the Communist Party of China, the Central Committee of the Party has reviewed the current situation and adhered to the structural reform of the supply side as the main line to stimulate the continued release of the endogenous growth momentum of the economy. China. Since the beginning of this year, in the shadow of the epidemic that has engulfed the global economy, the reason why China’s economy has been able to quickly emerge from depression to achieve positive growth is mainly because we firmly grasp the base strategy of expanding domestic demand and we rely more on the domestic market to achieve a virtuous economic cycle. From this it can be seen that persisting in expanding domestic demand is not only the current need to respond to the impact of the epidemic, but also the need to maintain the long-term sustainable and healthy development of China’s economy, and it is more conducive to meeting people’s growing needs for a better life.

At the same time, we must also realize that to take full advantage of the economic characteristics of major countries, form a strong domestic market, and build a new development pattern in which the internal cycle is the main body and the national and international double cycles. Promote each other is also a strategy to shape China’s new advantages in international economic cooperation and competition. Choice. As long as we are based on the world’s largest and potential consumer market with a population of 1.4 billion and GDP per capita has exceeded US $ 10,000, we will closely follow the strategic foundation of expanding domestic demand and We will strive to make the production, distribution, circulation and consumption more advanced. Relying more on the domestic market to achieve a virtuous circle, we will increasingly become the gravitational field of global resource elements.

In-depth study and implementation of the spirit of the Fifth Plenary Session of the XIX Central Committee of the Communist Party of China, we should focus on the main economic and social development goals during the period of the “XIV Five-Year Plan” and organically integrate the implementation of the strategy of expanding domestic demand with the deepening of structural reforms on the supply side, and driving innovation and high quality Supply leads and creates new demand. On the one hand, we must adhere to the strategic direction of supply-side structural reform, based on the strategic foundation of expanding domestic demand, opening the economic cycle lockdown, improving the adaptability of the supply system to domestic demand, and the integrity of the industrial chain and supply chain, and strive to form demand. Boost supply and create a higher level of dynamic equilibrium of demand; on the other hand, rely on a strong domestic market, make the most of comparative advantages, comprehensively promote consumption, expand investment space, and attract global resource elements through a great internal cycle. Continually seek new advantages by participating in international economic cooperation and competition in the dual cycle pattern. In this way, we can always remain invincible when facing various shocks and challenges. (Commentator for Economic Daily News)









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