The CPC Central Committee and the State Council issued the Outline of the Strategic Plan for Expanding Domestic Demand (2022-2035)

2022-12-15

The CPC Central Committee and the State Council recently issued the Outline of the Strategic Plan for Expanding Domestic Demand (2022-2035). The Outline points out that firmly implementing the strategy of expanding domestic demand and cultivating a complete domestic demand system is an inevitable choice to accelerate the construction of a new development pattern with the domestic big cycle as the main body and the domestic and international double cycles promoting each other. It is also a strategic decision to promote China's long-term development and long-term stability. In accordance with the strategic arrangement of building a socialist modern country in an all-round way, looking forward to 2035, the long-term goals of implementing the strategy of expanding domestic demand are: the scale of consumption and investment will reach a new level, and a complete domestic demand system will be established in an all-round way; New industrialization, informatization, urbanization and agricultural modernization have been basically realized, greater achievements have been made in building a strong domestic market, major breakthroughs have been made in key core technologies, and the domestic cycle driven by innovation and domestic demand has become more efficient and smooth; The people's lives will be better. The per capita income of urban and rural residents has reached a new high. The middle-income group has expanded significantly. Basic public services have been equalized. The gap between urban and rural development and the living standards of residents has narrowed significantly. More tangible and substantial progress has been made in achieving common prosperity for all people; The role of reform in supporting the development of domestic demand has been greatly enhanced, the high standard market system has been improved, and the modern circulation system has been fully established; China's participation in global economic cooperation and new competitive advantages have continued to increase, and the international influence of the domestic market has increased significantly. Anchoring the long-term goal of 2035, taking into account the development environment and conditions, the main goals of implementing the strategy of expanding domestic demand during the "Fourteenth Five Year Plan" period are to promote consumption investment and achieve new breakthroughs in the scale of domestic demand; Improve the distribution pattern and continuously release the potential of domestic demand; Improve supply quality and better meet domestic demand; Improving the market system and stimulating domestic demand have achieved remarkable results; Smooth the economic cycle and continuously improve the efficiency of domestic demand development. The Outline proposes that we should adhere to the problem orientation, focus on promoting high-quality development, and deploy key tasks to implement the strategy of expanding domestic demand in response to the major problems faced by China's medium - and long-term expansion of domestic demand, especially the insufficient effective supply capacity, the large distribution gap, the low degree of modernization of the circulation system, the imperfect consumption system and mechanism, and the need to optimize the investment structure. Accelerate the cultivation of a complete domestic demand system, promote the formation of a strong domestic market, and support the smooth domestic economic cycle. The Outline also puts forward requirements in terms of comprehensively promoting consumption, accelerating consumption upgrading, optimizing investment structure, expanding investment space, promoting coordinated development between urban and rural areas and regions, releasing domestic demand potential, improving supply quality, and driving demand to better realize. (Liu Xinshe)

Edit:wangwenting    Responsible editor:xiaomai

Source:xinhuanet

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