一财社论：用有温度的治理驱动经济发展

Core Insights - The central theme emphasizes the importance of overcoming insufficient effective demand and building a strong domestic market as strategic priorities for China's economic development [1][5] - The "14th Five-Year Plan" highlights the need to boost consumption and accelerate high-level technological self-reliance as key strategies [1][2] Group 1: Domestic Demand and Consumption - Domestic demand is identified as the strategic foundation for China's modernization, with a focus on enhancing final consumption as a prominent strategic basis in the "14th Five-Year Plan" [1][2] - The plan addresses the deep-rooted issues of insufficient effective demand, particularly in the areas of livelihood and investment in people, which have been long-standing deficiencies [2][3] Group 2: Investment in People - Investment in people is highlighted as a significant aspect of the "14th Five-Year Plan," emphasizing that individuals are the most dynamic economic factor and should be the focal point of economic activities [2][3] - The plan advocates for more resources to be allocated to public services that provide individuals with a sense of security, achievement, and freedom in economic transactions [2][3] Group 3: Economic Structure and Market Dynamics - The construction of a modern industrial system and high-level technological self-reliance is fundamentally linked to consumer demand, as the market's capacity to absorb consumption is crucial for economic growth [2][3] - The plan suggests that effective demand issues stem from two main problems: lack of purchasing power and high institutional transaction costs [3][4] Group 4: Policy Recommendations - To address the lack of purchasing power, reforms in income distribution and social security systems are necessary to enhance individuals' sense of gain and reduce precautionary savings [3][4] - The establishment of a rule-of-law-based consumer market is recommended to lower unnecessary transaction costs, facilitating smoother economic interactions [4]