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Source title: Economic Daily: Persist in expanding domestic demand to form a strong domestic market
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 caused by the complex international environment,Accurately grasp the new characteristics and requirements caused by the main contradictions and changes in our society, respond scientifically to changes, actively seek changes, nurture opportunities in crisis and open new opportunities in changes.。
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. It can be seen thatPersisting 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 is more conducive to meeting the rising people’s needs for a better life.。
At the same time, we must also realize thatMaking full use of the economic characteristics of major countries, forming a strong domestic market, and building a new development pattern with the domestic cycle as the main body, and the mutual promotion of domestic and international dual cycles are also strategic options to shape China’s new advantages in international economic cooperation and competition. 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 reforms, based on the strategic basis 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. Pull supply, supply creates a higher level of dynamic equilibrium of demand;
On the other hand, we must rely on a strong domestic market, make the most of our comparative advantages, comprehensively promote consumption, expand investment space, attract global resource elements with a large internal cycle, and constantly seek to engage in cooperation and international economic competition in an open pattern of national and international dual cycle. Advantage. In this way, we can always remain invincible when facing various shocks and challenges.