Wang Qing of the National Research Center: The central government has set the tone to focus on expanding domestic demand. What shortcomings need to be made up?

　　Chinanews.com, December 19th (Zuo Yuqing, Zhongxin Finance and Economics) The Central Economic Work Conference will be held in Beijing from December 15th to 16th.

In terms of "strengthening the expansion of domestic demand", the meeting called for the recovery and expansion of consumption to be given priority.

The current promotion of residents' consumption is complicated

　　"Our country has entered a stage of consumption-led economic growth. No matter from the perspective of medium and long-term development trends and requirements, or from the perspective of short-term realization of the 'three stability' goals, it is the current priority to restore and expand consumption. It is an inevitable choice and key task.” Wang Qing, deputy director of the Institute of Market Economy of the Development Research Center of the State Council, said in an exclusive interview with Sino-New Finance and Economics.

　　He pointed out that my country's residents' consumption accounts for nearly 70% of the total consumption, and it is also in an important period of a new round of residents' consumption structure upgrading. Sensitive to quality experience” and “from decentralized realization to gathering in metropolitan areas” and other new trends and new features, consumption as a whole has greater growth elasticity and market potential.

　　"But we must also see that the current increase in residents' consumption is also complicated: it is not only restricted by long-term factors such as supply, income, and social security, but also by the short-term impact of the epidemic, market expectations, and economic fluctuations; New problems and new contradictions emerging in the development of new formats and new models.”

　　He believes that there is an urgent need to conform to the general trend of upgrading the consumption structure of residents, aim at the pain points and blockages that inhibit residents' consumption, and determine the intersection of goals and breakthroughs with traction, so as to reverse expectations and open up the situation as soon as possible.

　　In addition, he said that the key areas to promote consumption should focus on housing, transportation and service consumption.

"These are the highlights of the consumption market. They not only have a strong consumption-pull effect, but are also hot areas for the upgrading of residents' consumption structure for a long time in the future. They have great market potential and policy space, and policies can be more effective. Effect."

There are still these shortcomings that need to be filled

　　The meeting emphasized that it is necessary to focus on economic development and the urgent needs of people's livelihood, promote the construction of major projects to make up for shortcomings, and focus on eliminating unfavorable factors that restrict residents' consumption.

　　In this regard, Wang Qing pointed out that in terms of specific measures, it is necessary to establish a new mechanism as a guarantee, and at the same time, there must be specific policy efforts.

　　"At present, four mechanisms need to be formed. The first is an efficient matching mechanism. Promote the formation of a dynamic optimization and adaptation mechanism between investment and consumption, supply and demand, market and policy. The second is a strong incentive mechanism. Focus on breaking the barriers to the release of consumption and investment expansion, establish a demand release mechanism that combines market incentives and policy support. The third is to accelerate the innovation mechanism. Seize the opportunity of the new round of technological revolution, accelerate the formation of a system and mechanism that promotes consumption innovation, and drive product innovation and service innovation. Innovation and innovation in production methods, constantly expanding investment space, and cultivating new growth points. The fourth is to promote the transformation mechanism. Through concept advocacy, planning guidance, and improvement of incentives and constraints, promote the green transformation of investment and consumption, and explore new ways for sustainable growth of domestic demand. model."

　　He said that in the short term, there are three policy points that can be considered:

　　First of all, it is to weaken the shortcomings of consumer infrastructure.

Strengthen the construction of facilities such as a new generation of communication network, charging and refueling, logistics and distribution, integrated experience-based commercial facilities, consumption center city construction, and overseas collection and distribution systems to eliminate the problems of insufficient total volume and unbalanced structure.

　　Secondly, it is to implement classified policies to improve the pertinence of consumption expansion policies.

Guided by innovation, we will cultivate strong new drivers of domestic demand growth, increase the effective supply of high-quality mid-to-high-end goods and services, and promote the integrated development of the industrial Internet and the consumer Internet; take the new domestic products and new national brand consumption as an opportunity to establish new drivers and new ways to match supply and demand, Improve the adaptability and innovation of the supply system; focus on the youth group, shape the consumption vitality and continuously release the driving force, and improve the supply level to meet the "small and beautiful" life needs of the single group; focus on the large central city, create a leading and expanding consumption An important growth pole, improve the regional consumption system, and open up the integrated consumption channel between urban and rural areas.

　　Third, remove institutional barriers that restrict residents' consumption.

Promote fair competition and the construction of a unified large market, eliminate local protection and market segmentation; improve the market access system, eliminate hidden barriers, and expand opening up to private foreign-funded service industries in an orderly manner; form a relatively unified national regulatory system, standards, processes and standards , improve the regulatory environment; supervise new industries, new formats and new models in accordance with laws and regulations, and promote online and offline integrated supervision; improve personal tax deduction, optimize consumption tax, tariffs, tax-free shopping and other tax systems; Provide consumers with a consumption environment that is willing to consume and dare to consume.

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