This paper proposes that due to its reduced level of economic growth,China must identify a replacement driver for its economic development.By conducting empirical tests of China's two rounds of economic growth dri...This paper proposes that due to its reduced level of economic growth,China must identify a replacement driver for its economic development.By conducting empirical tests of China's two rounds of economic growth driving force transformation in its more than30 years of reform and opening-up,this paper has revealed the internal mechanism of the reform and growth cycles and the transformations,and demonstrated that China's current economic slowdown is not the inadequacy of policies and measures for the expansion of domestic consumption but the necessity to replace the growth engine to drive the country's third round of growth driving force transformation.Lastly,this paper has identified the approach and measures to encourage the transformation.展开更多
The fifth plenary session of the 19th Central Committee of the Communist Party of China(CPC)puts forward the organic combination of the implementation of the domestic demand expansion strategy with the deepening of su...The fifth plenary session of the 19th Central Committee of the Communist Party of China(CPC)puts forward the organic combination of the implementation of the domestic demand expansion strategy with the deepening of supply-side structural reform,and scientifically reveals the internal logic of this organic combination and the realization paths,which is of great significance to the implementation of the new development concept and the constructionof a newdevelopment pattern.First,this paper provides a theoretical explanation for the organic combination of the domestic demand expansion strategy with the supplyside structural reform by analyzing why the traditional policies for expanding domestic demand are ineffective in the new development stage of China.Second,this paper elaborates the internal logic of this organic combination from two aspects.(1)The base point of the domestic demandexpansion strategy must be placed under the main line of the supply-side structural reform.(2)The two should be interconnected and are mutually reinforcing,so as to form a higher level of dynamic equilibrium in which the demand leads the supply and the supply creates the demand.Third,this paper analyzes the huge space for the organic combination of the domestic demand expansion strategy with the supply-side structural reform from the perspective of releasingconsumption potential and creating new demand,and on that basis proposes the realization paths of their organic combination.展开更多
基金Result of a program of the Ministry of Education's"Research on the Reform of the Primary Distribution System to Balance Fairness and Efficiency"
文摘This paper proposes that due to its reduced level of economic growth,China must identify a replacement driver for its economic development.By conducting empirical tests of China's two rounds of economic growth driving force transformation in its more than30 years of reform and opening-up,this paper has revealed the internal mechanism of the reform and growth cycles and the transformations,and demonstrated that China's current economic slowdown is not the inadequacy of policies and measures for the expansion of domestic consumption but the necessity to replace the growth engine to drive the country's third round of growth driving force transformation.Lastly,this paper has identified the approach and measures to encourage the transformation.
基金the research results of the"Researchon Precise Support Policies for Classified Development of Small and Mediumsized Private Enterprises"(No.19BJL077)under the National Social Science Fund of China and the youth project of the Institute of China's Economic Reform&Development of Renmin University of China.
文摘The fifth plenary session of the 19th Central Committee of the Communist Party of China(CPC)puts forward the organic combination of the implementation of the domestic demand expansion strategy with the deepening of supply-side structural reform,and scientifically reveals the internal logic of this organic combination and the realization paths,which is of great significance to the implementation of the new development concept and the constructionof a newdevelopment pattern.First,this paper provides a theoretical explanation for the organic combination of the domestic demand expansion strategy with the supplyside structural reform by analyzing why the traditional policies for expanding domestic demand are ineffective in the new development stage of China.Second,this paper elaborates the internal logic of this organic combination from two aspects.(1)The base point of the domestic demandexpansion strategy must be placed under the main line of the supply-side structural reform.(2)The two should be interconnected and are mutually reinforcing,so as to form a higher level of dynamic equilibrium in which the demand leads the supply and the supply creates the demand.Third,this paper analyzes the huge space for the organic combination of the domestic demand expansion strategy with the supply-side structural reform from the perspective of releasingconsumption potential and creating new demand,and on that basis proposes the realization paths of their organic combination.
