Shi Jianxun new recovery needs of the Chinese economy

 Full-text published in the May 6,Bailey UGG boots, 2009
the global financial crisis in difficult circumstances, expecting the economic recovery is everyone's desire. But the economic What? is the recovery of the old growth, over-reliance on investment and exports, increasing economic structural contradiction? is serious and the recovery of financial market bubbles overproduction of material goods? Yes, the recovery environment is destroyed, the rapid growth of emissions? If is this recovery, we would rather not. restore the past costly, unsustainable growth, it is very unwise and harmful.
no doubt that China's economy needs a new recovery, its performance in the following areas: < br> First, the recovery should be to establish a new expansion in domestic demand, domestic demand and export based on the ratio of the right. China is a long-standing difficulties in the current economic structure is irrational, domestic demand, high dependence on foreign trade, therefore, China's economic recovery and prosperity once again restructuring its economy depends on the speed and intensity. In the long run, to maintain stable and rapid economic development of the key is to see whether the stimulating domestic demand, if the future of China's foreign trade dependence in the 50% reduction , GDP still increased by about 10% before they can believe that China's economic prosperity and are independent and strong and healthy.
Second, the new recovery should be based on increasing domestic consumption, consumption and investment in proportion to the basis. the ultimate driving force of economic growth is ultimately consumption rather than investment in people. too much reliance on investment on economic growth will not only further contributed to excess capacity, may also slow down the pace of economic restructuring.
from the Chinese economy perspective of the development, improve the consumer demand is not only the need to overcome the current economic downturn,UGG boots cheap, but also the future economic health and sustainable development. future of regulatory policy should focus on stimulating domestic consumption, specific policy measures should include: First, take to reverse the national wealth of financial and business distribution of the bulk of the state, through a comprehensive reform of the financial mechanism of redistribution system, and system, so that people spending money to dare; third fiscal policies to stimulate consumption as soon as possible: including the removal of some restrictions from national to local consumer policy,bailey UGG boots, the personal income tax on certain consumer credit, to cancel or reduce vehicle purchase tax, etc.; Fourth fostering consumer demand and consumption of consumer durables to solve well-off society and fostering healthy lifestyles and other consumer issues. to establish a market economy and the interests of the game expressed interest mechanism to promote the development of the middle class and so a series of mechanisms, through social reform and new lifestyle training, the formation of a new era of consumer durable goods and in health tourism and leisure-oriented consumption era new way of life.
Third, the new recovery should be based on promoting employment and improving people's livelihood based on. promoting employment and improving people's livelihood is not only the focal point to maintain growth, but also important goal of building a harmonious society and tasks. At present, stimulate the economy shifted from stimulating investment to promote employment, increase consumption and improve people's livelihood. should be as soon as possible such as the importance of social protection and social welfare improvement, increase in health care, social security, education and environmental protection of financial expenditure and increase Gonggongchanpin and the supply of social services; reform and improve the support policies to encourage enterprises to employment in many ways, the implementation of the employment support program students, for training a large number of migrant workers return home and provide food for work and other jobs.
Fourth, the recovery should be to establish new industrial restructuring in technological innovation and industrial upgrading based on. According to the World after the financial crises experienced industrial restructuring, after the end of the financial crisis, world or will usher in a new round of industrial revolution, the Chinese industry is bound to face a new international economic competition. Therefore, in the face of industrial restructuring as well as the upcoming industrial revolution, China can not be limited to the economic recovery of Keynesian thinking, a passive response to the financial crisis, but should focus on the end of this financial crisis may be global industry re-shuffle of the opportunities and challenges in stable economic fundamentals, consolidate the traditional basis of industrial competitive advantage to forward-looking technology into Jingen the world after the financial crisis pace of industrial restructuring, industrial upgrading by the crisis, the Chinese enterprises in technological innovation and industrial upgrading have a qualitative leap. accelerate the achievement of external demand from the investment-led and driven by high investment and innovation-driven stage to the endogenous growth phase transition.
Fifth, the recovery should be the establishment of new private investment in active, small and medium enterprises on the basis of recovery. The financial crisis stop closure of a large number of small and medium enterprises, China's economy is urgent that the survival and development of small business issues, and the effectiveness of current policy responses are still pouring in on the large enterprises attention. A survey shows that nearly 5 trillion yuan of loans resources, the flow of private enterprises is still less than 10%, those who have more resources to hold the monopoly of state-owned enterprises have gained more than 80% of the loan resources.