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Author:Zhou, Tianyong
Title:Deep obstruction of aggregate demand shrinkage and its way of expansion (original in Chinese)
Journal:Economic Research Journal (c)
1999 : 1, p.9-17
Index terms:SUPPLY AND DEMAND
ECONOMIC POLICY
CHINA
Language:chn
Abstract:The deep reasons for China's current shrinkage of aggregate demand lie in the obstructions occurring in income, saving, investment and consumption in the transitional process of financing system, organic composition of industrial capital, the dual structure of urban and rural areas, and consumption structure. Way-out for these maladies lies in the following aspects:accelerating the reform and the socialization of the market economy, dredging obstructions in related economic process, let savings be smoothly transformed to investment and incomes for living be transformed to consumption, raise the level of income and expenditure, expand aggregate demand and make it accord with the aggregate supply capacity.
SCIMA record nr: 197442
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