Challenges of the internal circular economy The consumption power of the people has declined, and the difficulty of economic recovery has gradually increased
In recent years, the world situation has undergone tremendous changes, and China's economic development mode has also undergone corresponding adjustments. And "internal circulation" has become the focus of attention. So, what is internal circulation? In short, it is a way to drive domestic demand with domestic demand. But is that really the case? Will ordinary people be able to take on the important task of promoting domestic circulation?
First, let's consider the role of internal cycles in economic development. Indeed, in the context of the continuous expansion and improvement of domestic demand, domestic demand has become the main driving force for economic development. Especially in the current increasingly complex international economic environment, maintaining a steady increase in domestic demand is of great significance to the sustainable development of our economy.
But we also have to face the fact that can the purchasing power of ordinary people support domestic circulation.
According to the data released by the National Bureau of Statistics, although the GDP has steadily ranked second in the world, the per capita GDP is still low. This shows that the disposable income of ordinary people is very limited and can hardly afford excessive spending. Especially with the increase in housing, education and medical expenses, many people have begun to become "moonshine people".
In addition, due to the ageing of our population, more and more elderly people rely on pensions and savings to live. However, in the past social security system, there are many problems, so that many elderly people's pension insurance benefits are not high enough, unable to meet the requirements of the society for the old-age pension. As a result, there isn't much income they are able to provide.
At the same time, we cannot ignore the role of high-income people in economic development. This group has strong purchasing power and a strong desire to invest, and is a major force driving domestic demand. However, this group represents only a small percentage of the country's population and struggles to support the country's overall economic development.
In short, internal circulation is a great development trend for the development of our country, but the purchasing power of ordinary people is very limited, and it is difficult to assume the role of internal circulation. Therefore, we need to increase the income level of residents, improve people's livelihood and well-being, strengthen the construction of the social security system, and enhance the people's sense of gain and happiness, so as to promote the expansion of domestic demand.
So, what exactly is to do?
First, measures such as tax reductions and exemptions and raising the personal income tax threshold can be taken to increase personal disposable income. In addition, it is also possible to increase employment and increase the economic income of the people by supporting small and medium-sized enterprises.
Second, we should strengthen the establishment of a social insurance system and increase welfare so that the masses of the people can spend their money with peace of mind. In particular, in education, medical care, pension and other aspects, there should be more supporting systems to reduce their economic pressure and risks.
At the same time, we must also strengthen the supervision and management of the market and safeguard the interests of consumers. By severely cracking down on false propaganda and counterfeit and shoddy goods, we should maintain a normal consumption and consumption environment so that the masses of the people can consume and live with peace of mind.
This paper argues that in order to make China's "internal circulation" develop, it is necessary to rely on the tripartite efforts of China, enterprises and residents. The state should formulate more policies to benefit the people, enterprises should improve their product quality and services, and citizens should also improve their cultural literacy and consumption concepts. Only in this way can our domestic circulation truly play a strong pulling role.