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Author:Chen, Bodong
Title:How to solve the problem that the power to stimulate development is insufficient-constructing the mechanism that investment associates with consumption (original in Chinese)
Journal:Journal of Zhongnan University of Finance and Economics (c)
1999 : 6, p.53-56
Index terms:INVESTMENT
CONSUMPTION
CONSUMER DEMAND
ECONOMIC POLICY
CHINA
Language:chn
Abstract:The current situation of China's economic environment is as follows: (1)the stage that people just have enough food and clothing transforms into the relatively comfortable standard of living stage; (2)the supply system, having enough food and clothing, is almost completed; and (3) the impetus of outward-oriented economy is relatively stable. The economic goals are to define the general thoughts of development based on relatively comfortable standard of living economy, to construct the new economic growth mechanism that investments associate with domestic demands. The economic power is to upgrade consumption and to spur investment.
SCIMA record nr: 205187
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