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| Author: | Xu, Changsheng |
| Title: | On the four basic points which can create sustained demand in China (original in Chinese) |
| Journal: | Economics Information (c)
1999 : 10, p.26-28 |
| Index terms: | CONSUMER DEMAND DEMAND EDUCATION ECONOMIC POLICY CHINA |
| Language: | chn |
| Abstract: | To promote the growth of production under the conditions of demand restriction we must have sufficient sustained demand as the driving force. To create sustained demand in China for the next 10 years, we need four big "driving engines": rural urbanization, private-oriented housing system, traffic modernization and education popularization. Rural urbanization is essential for China to climinate the "dual economy" structure and open up rural markets. Private housing system and traffic modernization are the internal driving forces for China's consumption structural upgrading. The popularization of education is the inevitable trend of the accumulation of human capital and the rising of people' demand standard. |
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