Core Viewpoint - The central economic work conference emphasizes "domestic demand as the main driver" as the top annual task, highlighting the need to enhance resident income growth and wealth accumulation to stimulate domestic consumption and address structural obstacles in the economy [1]. Group 1: Causes and Challenges - The release of resident consumption potential faces structural challenges that require coordinated policy efforts to promote consumption upgrades [2]. - Changes in population structure lead to increased savings tendencies, with the elderly population expected to reach 22.0% by the end of 2024, affecting consumption potential [2]. - The high proportion of real estate in household assets necessitates a stable real estate market to boost consumer confidence and wealth expectations [2]. - Structural contradictions in supply and demand across over 220 industrial sectors need optimization, with significant potential for consumption growth among low-income groups [2]. - Increased uncertainty in the international environment and fluctuations in external demand highlight the urgency of expanding domestic demand [2]. Group 2: Fundamental Solutions - To address low consumption, systemic reforms are essential, focusing on income growth, wealth security, and consumer confidence [3]. - Restructuring the income distribution pattern is crucial, aiming to increase labor compensation's share of GDP to over 60% and support low-income groups through various initiatives [3]. - Market-oriented reforms in financial, land, and labor sectors are necessary to broaden wealth accumulation channels and enhance residents' ability to generate income [4][5]. - Investment in human capital is vital, with a focus on education and vocational training to improve labor quality and adaptability to industry needs [5]. - Enhancing public service systems and increasing fiscal investment in social welfare can alleviate consumer concerns and stimulate spending [6]. Group 3: Conclusion - The strategy to expand domestic demand is fundamentally linked to the prosperity of the people, requiring a comprehensive approach across multiple sectors [7]. - With the implementation of policies aimed at income distribution reform and market-oriented changes, resident income is expected to rise steadily, unlocking consumption potential [7].
全球变局下,中国式现代化如何筑牢消费动力根基
Sou Hu Cai Jing·2025-12-17 06:37