Development direction of heavy industry

From light industry to heavy industry is the general law of industrialization process. The completion of industrialization is marked by heavy industry. A country entering the stage of heavy industrialization is not only the result of the accumulation of production factors, but also the inherent requirement of demand expansion. The operation of market economy shows that, compared with the early industrialization dominated by light industry, heavy industrialization has special advantages in cultivating and creating domestic demand: First, most heavy industry products are related to the satisfaction of higher social needs and can promote the continuous expansion of domestic demand. The industrial structure changes with the change of demand structure. When the per capita income level rises to a certain level, the growth of social consumption demand mainly comes from goods with high processing level such as durable consumer goods, and the relationship between social consumption demand and heavy industry is getting closer and closer. Heavy industry products can not only create conditions for the structural upgrading of light industry, but also create consumer demand in the market.

Secondly, the industrial association of heavy industry itself is very extensive, and its development has a lasting pulling effect on the increase of total domestic demand. Compared with light industry, the industrial linkage chain of heavy industry is obviously much longer. On the one hand, the development of heavy industry can provide input for the development of many industries. On the other hand, heavy industry consumes a lot, which can create huge market demand for other industries in China.

Finally, heavy industry is very conducive to improving international competitiveness, thus making better use of the international market to expand domestic demand. The development level of a country's heavy industry determines its position in the international division of labor system and directly restricts its competitiveness in export trade and overseas investment. However, the different modes of international competitiveness not only affect a country's ability to use external markets and external resources, but also directly affect a country's pulling effect on domestic demand in international economic exchanges. International competitiveness based on heavy industry has obvious advantages in these two aspects.

From the perspective of social consumption, there is an obvious surplus of light industrial consumer goods produced in China, while the consumption demand based on heavy industries such as family cars is still in the primary stage. Judging from the investment demand, many light industry departments are obviously saturated, and only by starting large-scale heavy industry projects can the total investment demand be effectively stimulated. The fast-growing export of mechanical and electrical products is still biased towards products with high labor intensity, and the market may be saturated quickly. It is an urgent task for China's economic development to break through the bottleneck of insufficient effective demand and accelerate the pace of heavy industrialization.