Group 1: Economic Growth and Institutional Framework - China's manufacturing sector has surpassed 30% of the global share, indicating a transition from a manufacturing giant to a strong industrial system [1] - Sustainable long-term economic growth requires a foundation of institutional civilization, necessitating the establishment of a robust institutional framework [1] - Three strategic pillars for economic development include enhancing the rule of law in the market economy, reforming income distribution to stabilize consumption, and promoting a higher level of institutional openness [1][2] Group 2: Domestic Demand and Consumption Confidence - The challenge of expanding domestic demand is rooted in insufficient institutional incentives rather than a lack of consumption capacity [2] - A fair and sustainable income distribution system is essential, aiming to increase the proportion of the middle-income group and unlock structural consumption potential [2] - Enhancing policy transparency and stability is crucial for restoring consumer confidence, requiring a macroeconomic framework that ensures predictability for residents [2] Group 3: Global Trade and Open Economy - China's role in the global economy is shifting from being embedded to actively participating in the reconstruction of global rules [3] - The focus should be on creating a new open economy structure that balances maintaining an open world economy with striving for international rule-making power [3] - Efforts should be made to establish a more inclusive and equitable version of global trade rules, particularly in the context of US-China economic interactions [3] Group 4: Financial System Evolution - The financial system is evolving from a traditional "financing intermediary" to a "resource allocation hub" and "institutional civilization promoter" [5] - Financial systems play a critical role in market efficiency, wealth distribution, and governance transparency [4] - The modern value of finance encompasses its role as a foundational institution, a resource allocation mechanism, a wealth management system, and a carrier of civilization [4] Group 5: Institutional and Civilizational Development - The next phase of China's economic growth will depend on the evolution of its institutional system and the rational reconstruction of social values [6] - Financial systems should be viewed as foundational to market fairness and modern civilization rather than as a source of economic issues [6] - Continuous reforms will drive China towards a new stage characterized by institutional maturity and shared civilizational consensus [6]

Group 1: Economic Modernization Framework - The core argument emphasizes the need to construct an academic framework for analyzing China's economic modernization through dimensions such as global pattern evolution, internal institutional reform, external demand expansion, and financial function transformation [2][4][8] Group 2: Institutional Civilization for Economic Growth - China's manufacturing sector has surpassed 30% of the global share, marking a transition from a manufacturing giant to a strong industrial system [4][11] - The long-term sustainable growth of the economy requires a foundation of institutional civilization, necessitating the establishment of three strategic pillars: improving the rule of law in the market economy, reforming income distribution and enhancing social security, and promoting a higher level of institutional openness [4][11] Group 3: Restructuring Domestic Demand - The current challenge of expanding domestic demand is attributed to insufficient institutional incentives rather than a lack of consumption capacity [5][12] - Key issues include income structure imbalance, unstable consumption expectations, and social security constraints, which necessitate systemic institutional reforms [5][12] Group 4: Global Rule Reconstruction - China's global economic role is shifting from "embedding in the global" to "participating in reconstruction," emphasizing the need for a new type of open structure [7][13] - China should actively seek to participate in the formulation of international rules, particularly in areas like WTO reform, digital trade, and green finance [7][15] Group 5: Financial System and Modern Economic Civilization - Financial systems are not only resource allocation mechanisms but also embodiments of institutional civilization, influencing market efficiency and wealth distribution [8][17] - The current phase of "dual disintermediation" in China is leading to a historical transformation of the financial structure, positioning finance as a resource allocation hub and a promoter of institutional civilization [8][17] Group 6: Future Economic Growth and Institutional Evolution - The next stage of China's economic growth will depend on the systematic evolution of the institutional framework and the rational reconstruction of social values [9][18] - The proposed "institution-strategy-value-civilization" four-dimensional analytical framework provides a clear path for understanding the internal logic of China's economic transformation [9][18]