Promote consumption and stabilize investment, and expand domestic demand from three reports
2023-03-08
Domestic demand, composed of consumption and investment, is the "main engine" of economic growth. "Give priority to the recovery and expansion of consumption", "government investment and policy incentives should effectively drive the investment of the whole society", "create effective demand through high-quality supply"... Whether the government work report submitted for review, or the plan report and budget report submitted for review, we will make every effort to expand domestic demand as the major work content in 2023. In the plan report, two columns, "Policies and measures to promote consumption by all means" and "Main measures to accelerate the construction of new infrastructure", attracted the attention of the representative members. (Column 8 in the plan report: Policies and measures to promote consumption by every means) "The column of promoting consumption uses four words of 'every means', highlighting the need to give priority to the recovery and expansion of consumption. Only when consumption' warms up 'can the economy' heat up '. At present, the key is to restore consumption as the main driving force of economic growth as soon as possible through various policies and measures." said Huang Maoxing, deputy president of the Fujian Academy of Social Sciences. Consumption is the ultimate demand and the fundamental driving force of economic development. With the better coordination of epidemic prevention and control and economic and social development, since the beginning of the year, domestic consumption of tourism, catering and retail services has rebounded significantly. How to accelerate the recovery of consumption has become the key to promoting the economic recovery. To make consumption "run", the key is for the people to "pocket money". In the column of consumption promotion policy in the plan report, "enhancing consumption capacity" was placed at the top of the list. "At present, the core of expanding consumption is to increase residents' income through multiple channels, stabilize employment expectations, and restore consumer confidence." Yang Changchang, chief economist of Shenwan Hongyuan Securities Research Institute, said that the plan report clearly stated that "increase urban and rural residents' income through multiple channels, especially increase the consumption capacity of low and middle-income residents with high consumption tendency but greatly affected by the epidemic", which seized the key to stabilize consumption at present. With the continuous upgrading of domestic consumption, the people's demand for "buy and buy" has gradually shifted from "yes" to "no". Yu Miaojie, president of Liaoning University, said that Chinese residents are pregnant with a large amount of consumption demand in the areas of pension, education, medical care, cultural services, etc., which will be an important driving force for expanding domestic demand in the future. Promoting the quality and capacity expansion of consumption cannot be separated from the help of "new" forces. In recent years, physical retail has opened stores on the "cloud", emerging consumption such as customization and experience has risen, and the first-store economy and first-start economy have developed rapidly... New scenarios and new formats have emerged, and become an important force to drive the recovery and upgrading of consumption. "With the rapid development of digital technology, new models such as live broadcast e-commerce and instant retail have become an important force in creating new growth points of consumption." said He Han, Chairman of Shanxi Data Flow Eco-Park Operation Management Co., Ltd., said that the plan report proposed to "cultivate and expand new consumption", to accelerate the integration of online and offline consumption, promote the online "cloud" of life service industry, and create more new consumption formats. Doing a good job in stabilizing investment is an important support for expanding domestic demand. In 2022, both infrastructure investment and manufacturing investment will be strong, with year-on-year growth of 9.4% and 9.1% respectively, playing an important supporting role in stabilizing the macroeconomic market. For plan report
Edit:Hou Wenzhe Responsible editor:WeiZe
Source:XinhuaNet
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