Traditional Culture Encyclopedia - Traditional festivals - Why is it that adjusting the national income distribution structure and expanding residents' consumption demand are the focus of economic restructuring?
Why is it that adjusting the national income distribution structure and expanding residents' consumption demand are the focus of economic restructuring?
The main focus of economic restructuring is people's livelihood, so it is urgent to adjust the structure and expand domestic demand, which is naturally the top priority.
At present, China's national condition is that the national income gap continues to widen, which has exceeded the international warning line level, including the urban-rural gap and the regional gap, as well as the widening class gap caused by social differentiation in recent years. In addition, the proportion of labor income in national income and property income is low, so how to hide wealth from the people is now a very important topic. Then there is insufficient domestic demand. The troika that drives the economy includes investment, export and consumption. For a long time, China has focused on the first two, resulting in overcapacity in investment and excessive dependence on exports (this harm is manifested in the rapid decline of exports during the economic crisis). However, consumption cannot last long. A country with a population of1300 million will generate a huge economic aggregate if it stimulates domestic demand. However, the income of ordinary people in China is low (especially the majority of farmers basically do not have enough disposable income, and their money is used to save to pay for medical care, education, pension and other expenses), and the effective demand is suppressed, so consumption has become an urgent problem in China's economic development.
The way to adjust income distribution is to improve the distribution system and establish various distribution patterns (that is, to increase the channels for ordinary people to make money), and the task of expanding consumption is even more arduous. First of all, we should improve people's living standards, and then increase subsidies to improve residents' security (such as medical care and education). A lot of money that could have been used for consumption has been invested in these fields, mainly because China lacks an extensive and in-depth national security system, so ordinary people can only buy security from their own pockets), and we can also increase consumption patterns.
I hope my answer will satisfy you!
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