What are the important aspects of the domestic macrocycle

The four main links of production, distribution, circulation and consumption are important aspects of the domestic macro-cycle.

On the production side, China has a deep "family background", not only the most complete and largest industrial system in the world, but also 130 million market players and more than 170 million highly educated people with various kinds of professional skills.

Circulation is an important foundation for a smooth economic cycle. If you want to consume, having money in your pocket is a prerequisite. Increasing the income of the population can significantly increase the willingness of the people to consume.

The "14th Five-Year Plan and 2035 Vision Proposal" proposes to enhance the fundamental role of consumption in economic development, respond to the trend of consumption upgrading, enhance traditional consumption, cultivate new types of consumption, and appropriately increase public **** consumption.

Role:

In the long run, the new pattern is conducive to activating strong endogenous momentum for high-quality development. Accelerating the construction of a complete domestic demand system, forming more new growth points and growth poles, and focusing on opening up all links of production, distribution, circulation and consumption to smooth out the domestic cycle, will be conducive to the continued upgrading of domestic market demand and the continuous improvement of supply capacity.

Guo Liyan, a researcher at the Institute of Market and Price Research of the China Academy of Macroeconomic Research, believes that the advantage of having a mega-market scale is an important advantage and a key support for China's participation in reshaping the pattern of global competition. Only by transforming the huge market potential into actual demand and accelerating the construction of a modernized economic system can we continue to enhance the attractiveness and influence of the domestic market.