Core Viewpoint - The domestic demand is a crucial driver for GDP growth, contributing 68.8% to the growth, with final consumption expenditure accounting for 52% [1] Group 1: Domestic Demand and Economic Growth - Domestic demand has been emphasized as a key factor for economic stability and growth, with the government implementing various policies to boost consumption [1][2] - The contribution of domestic demand to economic growth is seen as a unique advantage for large economies, promoting a unified market and resilient industrial systems [1][3] Group 2: Employment and Income - Employment is fundamental to livelihood, and increasing income is essential for boosting consumption; higher income leads to greater consumption capacity [2] - Addressing employment and income issues is prioritized to enhance consumer confidence and spending [2] Group 3: Investment and Supply - Investment is viewed as both current demand and future supply; effective investment is necessary to meet diverse consumer needs and create a dynamic balance between supply and demand [2] - The government plans to utilize 5 trillion yuan in investment to focus on urban renewal, public services, and new industries [2] Group 4: Market Competition and Structure - The realization of a domestic circulation requires a fair, open, and efficient national market, with a need to regulate investment behaviors and encourage competitive development [3] - There is significant room for improvement in China's final consumption rate compared to developed countries, indicating potential for expanding domestic demand [3]
着眼全局做强国内大循环
Jing Ji Ri Bao·2025-07-23 22:08