投资于物和投资于人并举，扩大内需战略新部署意味着什么丨四中全会解读

Core Viewpoint - The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China emphasizes the construction of a strong domestic market and the acceleration of a new development pattern, focusing on expanding domestic demand as a strategic foundation [1][2]. Group 1: Strong Domestic Market - The report highlights the importance of a strong domestic market, which is seen as a significant resource and advantage for China, especially in the face of complex external environments [1][2]. - From 2021 to 2024, domestic demand is expected to contribute an average of 86.8% to economic growth, indicating the critical role of domestic consumption [1]. Group 2: Investment in People and Goods - The emphasis on combining investment in goods and investment in people is crucial for sustainable economic growth, as it addresses both tangible assets and human capital [5][6]. - Investment in human capital is increasingly recognized as vital for economic growth, with a focus on skills enhancement and participation in the economic cycle [6]. Group 3: Interaction of Supply and Demand - The report advocates for a positive interaction between new demand and new supply, moving beyond previous supply-side reforms to address current insufficient effective demand [4]. - The simultaneous push for boosting consumption and expanding effective investment is essential for enhancing the internal dynamics of the domestic economy [4].