Core Viewpoint - The relationship between expanding domestic demand and opening up to the outside world is crucial for China's economic response to various risks and challenges, ensuring a good start for the "14th Five-Year Plan" and achieving high-quality development [1] Group 1: Importance of Domestic Demand - Domestic demand is the fundamental driving force for China's economic development, with the central economic work conference prioritizing "domestic demand as the mainstay, building a strong domestic market" as a key task for 2026, highlighting the urgency of expanding domestic demand [1] - A strong and stable domestic demand market provides a "strategic depth" for expanding openness, as substantial domestic consumption and investment can absorb international quality goods and services, smoothing economic fluctuations and enhancing China's voice in the international economic system [1] Group 2: Synergy Between Domestic Demand and Openness - Expanding domestic demand and opening up are not contradictory; rather, they are mutually reinforcing and form an organic unity that drives sustainable economic development [2] - A smoother domestic circulation creates a gravitational field for global resources, facilitating the construction of a new development pattern that promotes both domestic and international dual circulation [2] - Historical growth periods in China's economy have coincided with coordinated expansion of domestic demand and openness, indicating that this synergy is both a historical lesson and a current necessity [2] Group 3: Balancing Demand and Supply - Correctly handling the relationship between expanding domestic demand and opening up requires achieving a higher-level dynamic balance where demand drives supply and supply creates demand [3] - Achieving this balance is challenging, as historical lessons remind that expanding domestic demand should adhere to market-oriented reforms, breaking industry monopolies and local protectionism to ensure growth is based on efficiency and innovation [3] - When expanding openness, it is essential to coordinate development and security within a robust risk prevention system to ensure the stability and sustainability of the Chinese economy [3]
金观平:扩大内需与扩大开放并不矛盾
Jing Ji Ri Bao·2025-12-29 09:07