樊纲：社保制度的完善有助于消费的提高

Group 1 - The core issue in the Chinese economy is insufficient consumer demand, particularly highlighted during periods of rapid production capacity growth [1] - Consumer spending accounts for only 40% of GDP in China, compared to 80% in the US and 60%-70% in other developing countries like India, indicating a significant demand shortfall [1] - The long-standing focus of macroeconomic policy has been on supply-side reforms aimed at enhancing productivity, stemming from historical shortages and low productivity levels [1] Group 2 - There is a call for a shift towards demand-side reforms, emphasizing the importance of improving the social security system to boost consumption [2] - Enhancements in social security are seen as crucial for addressing income inequality and ensuring social stability, which in turn can lead to substantial changes in consumer spending [2]