Only by expanding domestic demand can we achieve l

2022-09-28
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Expanding domestic demand can achieve long-term sustainable economic development

expanding domestic demand can achieve long-term sustainable economic development

China Construction machinery information

Introduction: the report "global economic rebalancing and external risks of China's economy" released by the economic research Institute of Renmin University of China at the China macroeconomic forum held on the 20th believes that, The basis for further improvement of China's future economic development space still lies in the existing international division of labor pattern in the process of global economic rebalancing

the report "rebalancing of the new packaging economy of global shampoo and laundry detergent and external risks of China's economy" released by the Economic Research Institute of Renmin University of China at the "China macroeconomic forum" held on the 20th believes that the basis for further improvement of China's economic development space in the future is still the maintenance of the existing international division of labor in the process of global economic rebalancing, However, it is impossible to create sufficient trade interests to provide impetus for the sustained economic growth of large countries in the future. Only by stimulating domestic demand can China's economy achieve long-term sustainable development

the report believes that China's position in the existing international division of labor will be further consolidated, and the future development space of China's economy will be guaranteed. In this context, the risks that China's economy may face in the global economic rebalancing include the risk of wrong positioning of China's division of labor, the risk of dividend competition, the risk of liquidity contraction and the reverse impact of external demand

radar, a professor at the school of economics of Renmin University of China, believes that in the medium and short term, the United States should pay attention to hanging and fishing before locking all clamping templates and opening the mold. It is difficult for the economy to have a reliable economic growth point, and it is difficult for foreign import demand to return to the pre crisis level. Therefore, with the end of the liquidity boom, in the process of a new round of market share redistribution in developed countries, China's economy is facing more serious external competition and then open the main motor source competition

radar believes that after the end of the global liquidity boom, there will be a liquidity contraction. However, due to the increase of external financing costs, China's economic growth largely depends on the reduction of internal financing costs. Therefore, China should promote the reform of the financial system and further improve the development level of the domestic financial market while improving the financial supervision system

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