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尹艳林:破除行政干预,先让有钱人能消费
Nan Fang Du Shi Bao·2025-08-18 07:04

Core Viewpoint - The forum highlighted the need to boost consumption in China by removing administrative restrictions that limit spending, particularly for wealthier individuals [1][3]. Group 1: Economic Challenges - The lack of effective demand is identified as the biggest bottleneck in China's domestic circulation, stemming from various factors such as weak consumer willingness, declining income growth expectations, and reduced investment returns [3]. - Structural issues in the domestic demand growth mechanism present significant obstacles to expanding consumption, with many administrative measures still in place that restrict diverse consumer needs [3]. Group 2: Recommendations for Consumption Boost - To stimulate consumption and expand domestic demand, it is essential to improve the institutional mechanisms that promote consumption, respect consumer choice, and eliminate policies that hinder consumption upgrades [3]. - The most effective and direct approach to boost consumption is to remove restrictions like purchase limits, allowing wealthier individuals to spend freely, which in turn can stimulate the market and economy [3].