The Research Of Domestic Demand-Oriented Economic Development Pattern In China

To achieve complete independence of China's socialist market economic system, the basic domestic needs become a driving force to make a lasting economic growth momentum. Policy of expanding domestic demand is essential for national economic development, it relates to our long-term development strategy to achieve a smooth, favorable and complete restructuring of China's economic and industrial objectives. It helps to improve the nation's overall strength and improve people's living standards. However, with the expansion of domestic demand in the promotion of economic development, many problems arise. The essay pays much attention on identifying these problems and discusses issues from multi-faceted directions and underlying causes, then seek the final policy recommendations for solving the problems.Firstly, the domestic demand-oriented economic development manner is an effective way to deal with the world economic crisis, which could promote optimal allocation of resources and enhance China's comprehensive national competitiveness. So it is essential to our long-term development, which should be one of the most significant policies. However, investment and consumption demand pull effect on economic development differently. At present, investment stimulating effect on the economy is significantly greater than consumption to economic stimulus in China.Second, discuss many problems raised during the process of expanding domestic demand from multiple aspects. For example, irrational investment structure, inefficient allocation of resources, and consumer demand that can not form a mass consuming scale, which hinders the effective expansion of domestic demand. The fundamental reasons are that the market economy system is not perfect and the legal system is imperfect.Third, we should always learn the advanced experiments from the foreign countries, especially the developed countries to solve the economic crisis by expanding domestic demand.Finally, according to the root causes of problems when transforming to the pattern of domestic demand development, the essay puts suitable advanced proposals and measures targeted, including the continued transformation of economic development, optimizing the economic structure, elimination of urban-rural dual structure; speeding up construction of rural market and improving the social security system.