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 and enhancing the interaction between consumption and investment [1][3]. Group 1: Strong Domestic Market - The market is identified as a scarce resource, with China's large-scale market being a significant advantage. The resilience of the domestic market is highlighted in the face of complex external environments, with domestic demand contributing an average of 86.8% to economic growth from 2021 to 2024 [3]. - The emphasis on expanding domestic demand is seen as a strategic foundation for establishing a new development pattern that promotes both domestic and international circulation [3]. - The document stresses the importance of the domestic market, which covers over 1.4 billion people, aiming to enhance China's role as a significant consumer market globally [3][4]. Group 2: Investment in Goods and People - The 2025 Government Work Report advocates for increased investment in human capital and services to improve livelihoods, support employment, and stimulate consumption, creating a virtuous cycle of economic development and social improvement [5]. - The combination of investment in tangible assets and human capital is emphasized as essential for sustainable growth, with a call for a balanced approach to enhance skills and participation in the economic cycle [6]. - The need for policies that support human capital investment is highlighted, covering areas such as healthcare, education, and social security, in response to the demands of the new industrial and technological revolution [5][6].
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
2 1 Shi Ji Jing Ji Bao Dao·2025-10-23 23:42