刘世锦：消费强国建设将会促进人均GDP达中等发达国家水平目标实现

Core Viewpoint - The "14th Five-Year Plan" suggests that by 2035, China's per capita GDP should reach the level of middle-income developed countries, with varying opinions on the specific target value [1][5]. Group 1: Economic Growth Projections - Liu Shijun estimates a reasonable target for per capita income should be between $35,000 and $40,000, considering three variables: actual growth rate, nominal growth versus actual growth difference, and the exchange rate between RMB and USD [3][7]. - To achieve a growth from the current per capita income of $14,000 to $35,000, an annual growth rate of 9% is required, with a potential combination of 4% actual growth, a 2% difference between nominal and actual growth, and a 3% exchange rate change [3][7]. Group 2: Support for Economic Growth - Comprehensive promotion of consumer power is essential to support the three variables mentioned, including enhancing human capital to support actual growth rates, addressing structural consumption discrepancies to expand demand, and increasing imports paid in RMB to boost its value [3][7]. - Liu emphasizes the importance of understanding the significance of building a consumer power nation from the perspective of transforming current growth dynamics and development methods [3][7]. Group 3: Policy Recommendations - Many localities still focus primarily on investment and projects in their "14th Five-Year Plan," neglecting consumption, livelihood, and demand [4][8]. - Liu suggests that regions with the capability and willingness should actively explore and pilot initiatives in consumption, livelihood, and demand, taking bolder steps to lead and implement major central policy decisions [4][8].