Workflow
地方经济增长动力从何而来?
Shang Hai Zheng Quan Bao·2025-09-01 18:54

Core Viewpoint - The article emphasizes the need for local governments in China to scientifically analyze the economic development environment and growth conditions during the "14th Five-Year Plan" period, focusing on new industrial growth points, expanding consumption, and improving enterprise efficiency to ensure sustainable economic growth [1][2][3]. Group 1: Economic Growth and Development Goals - The current economic environment in China is transitioning to a new phase of stable growth, necessitating a careful setting of growth targets during the "14th Five-Year Plan" [2][3]. - The shift from investment-driven growth to innovation-driven and endogenous growth requires local governments to adopt a more nuanced approach to economic goal setting [2][4]. - The contribution of consumption to GDP has increased from 50% at the end of the "11th Five-Year Plan" to 57% at the end of the "14th Five-Year Plan," highlighting the importance of domestic demand [3][4]. Group 2: Industrial Structure and Trends - The service sector has become the core driver of economic growth, with its contribution to GDP rising to 56.7% by the end of 2024, while the industrial sector's contribution has decreased [7][10]. - The article suggests that local governments should focus on the service industry, especially in lower-tier cities, to enhance employment and living standards [8][10]. - The industrial structure is undergoing significant changes, with traditional industries declining and high-end manufacturing rising, necessitating targeted policies to support these transitions [9][10]. Group 3: Consumption and Demand - The article stresses the importance of consumer purchasing power and market demand as fundamental drivers of economic growth, advocating for a focus on consumption to create a new supply-demand cycle [13][14]. - Service consumption is highlighted as having a more direct impact on local economies compared to goods consumption, which often benefits external regions [15][16]. - The growth of service consumption is projected to continue, with a 6.2% increase in national service retail sales in 2024, outpacing goods retail sales [15][16]. Group 4: Innovation and Enterprise Development - The vitality and development level of enterprises are crucial for the quality and efficiency of local economic operations, with a call for systematic policies to enhance enterprise efficiency and innovation potential [18][19]. - The article advocates for a dual focus on both traditional and emerging enterprises to foster innovation and improve overall economic performance [20][21]. - Local governments are encouraged to create a supportive environment for enterprises, emphasizing the importance of technological and model innovation to drive economic growth [19][21].