Beginning with increasing effective demand,thedemand-sidereformadvocates for the strategy to expand domestic demand,rectifies distortions in the demand structure,and further aligns demand and supply by reforming the m...Beginning with increasing effective demand,thedemand-sidereformadvocates for the strategy to expand domestic demand,rectifies distortions in the demand structure,and further aligns demand and supply by reforming the mechanisms for demand formation and regulation,matching supply and demand structures,and easing restrictions on demand.This will enhance economic growth potential and operational efficiency.The demandside reform contributes to developing a super-large-scale market and optimize market functions to form a unified national market.It also helps address significant structural distortions within domestic circulation and move faster to form a new development pattern of dual circulation.As demand-side reform inevitably deals with the vested interests of stakeholders,it presents challenges on par with supplyside structural reform.Therefore,due attention must be given in terms of priority and weight by increasing operational and property household income,transforming governmentt functions,rectifying any excessive market-orientedreforms in certain public service sectors,among others.展开更多
Against the backdrop of China's development reality for the time being and upholding the basic logic of boosting the high-quality development of China's economy,the authors give the historical background,reali...Against the backdrop of China's development reality for the time being and upholding the basic logic of boosting the high-quality development of China's economy,the authors give the historical background,realisticclogic,theoretical connotation,and strategic significance of the new development paradigm of dual circulation a thorough interpretation.On this basis,the authors conduct a detailed analysis of the development path between China's Free Trade Zones(FTZs)and the new development paradigm of dual circulation,as well as the new orientation of FTZs under this paradigm.Focusing on systems thinking,the new development paradigm of dual circulation not only opens up a new realm of open economic theory with Chinese characteristics but also enriches the socialist political economy with Chinese characteristics.From the perspective of the new development paradigm of dual circulation,China's FTZs serve as a reform test field and a powerful starting point for driving the high-quality circulation ofChina's economy.From another perspective,it is also an open bridgehead and a significant window for China to participate in international economic circulation.In this sense,China's FTZs remain the key hub linking domestic and international circulations.China's FTZs should be given greater reform autonomy.Whilefocusinggon the differentiated exploration and development models,the dividends of the first trial system should be fully utilized to integrate China's FTZs into the national open development strategy.Thus,high-level open practice can be anticipated to boost the virtuous circle of domestic and foreign economies,with concerted efforts and drive China's economy toward a high-quality future.展开更多
The time period between 2020 and 2035 is vital for China to achieve its second centennial goal.During this period,China must avoid the middle-income trap and achieve socialist modernization.To accomplish this goal,Chi...The time period between 2020 and 2035 is vital for China to achieve its second centennial goal.During this period,China must avoid the middle-income trap and achieve socialist modernization.To accomplish this goal,China must maintain a certain pace of economic growth and strive to double its real GDP per capita by 2035.However,by the current growth trajectory,China’s average economic growth rate is expected to stay at approximately 3.8%over the period between 2020-2035.This makes the GDP per capita growth target hard to achieve.Even when in a high-quality development stage,China should speed up economic growth while enhancing growth quality.Speed and quality are interdependent rather than contradictory with each other.To ramp up economic growth potentials,China must proceed with market-oriented reforms and shift economic growth drivers.To improve economic growth quality,household consumption should be increased to unleash China’s full potential,not only as the factory floor of the world but also one of world’s biggest markets,i.e.“dual circulations.”With appropriate policy response,China’s economy will be poised to achieve the goal of doubling real GDP per capita by 2035,marking a large stride in its economic aggregate and urban and rural household per capita incomes.展开更多
The Chinese economy is currently undergoing a digital transformation.New growth drivers are replacing old ones,creating a new development landscape.Countries with strong digital industries will be the first to reap th...The Chinese economy is currently undergoing a digital transformation.New growth drivers are replacing old ones,creating a new development landscape.Countries with strong digital industries will be the first to reap the benefits of digitalization.For China,the transformation to a digital economy is both of inevitability and heterogeneity fueled by dual circulations.Crowded out from more skill-based digitalized sectors,less-skilled labor moves to less digitalized sectors.New capital,industries and technology clusters emerge as new drivers of manufacturing and service sector development.With its large domestic market and industrial competitiveness,China has fostered a new development landscape of“dual circulations”.展开更多
Tourism is increasingly prominent for economic and social development,both as a strategic pillar industry of national economy and as a modern service industry that satisfies people’s aspirations for a better life.Thi...Tourism is increasingly prominent for economic and social development,both as a strategic pillar industry of national economy and as a modern service industry that satisfies people’s aspirations for a better life.This paper probes into tourism development and opening up from the perspective of the new development pattern with dual circulation,which is of practical implications for the tourism development.Balancedly developing domestic and inbound and outbound tourism-accelerating domestic tourism,expanding inbound tourism,and regulating outbound tourism-is an important way for tourism integrating into the new development pattern.For this point,it is essential to fully play the decisive role of market mechanisms and better play the regulatory role of the government.Multiple measures should be taken for the rapid,high-quality and sustainable development of tourism and for the mutual promotion of domestic and international tourism,so as to lay the foundation for making China to be a world tourism power.展开更多
文摘Beginning with increasing effective demand,thedemand-sidereformadvocates for the strategy to expand domestic demand,rectifies distortions in the demand structure,and further aligns demand and supply by reforming the mechanisms for demand formation and regulation,matching supply and demand structures,and easing restrictions on demand.This will enhance economic growth potential and operational efficiency.The demandside reform contributes to developing a super-large-scale market and optimize market functions to form a unified national market.It also helps address significant structural distortions within domestic circulation and move faster to form a new development pattern of dual circulation.As demand-side reform inevitably deals with the vested interests of stakeholders,it presents challenges on par with supplyside structural reform.Therefore,due attention must be given in terms of priority and weight by increasing operational and property household income,transforming governmentt functions,rectifying any excessive market-orientedreforms in certain public service sectors,among others.
文摘Against the backdrop of China's development reality for the time being and upholding the basic logic of boosting the high-quality development of China's economy,the authors give the historical background,realisticclogic,theoretical connotation,and strategic significance of the new development paradigm of dual circulation a thorough interpretation.On this basis,the authors conduct a detailed analysis of the development path between China's Free Trade Zones(FTZs)and the new development paradigm of dual circulation,as well as the new orientation of FTZs under this paradigm.Focusing on systems thinking,the new development paradigm of dual circulation not only opens up a new realm of open economic theory with Chinese characteristics but also enriches the socialist political economy with Chinese characteristics.From the perspective of the new development paradigm of dual circulation,China's FTZs serve as a reform test field and a powerful starting point for driving the high-quality circulation ofChina's economy.From another perspective,it is also an open bridgehead and a significant window for China to participate in international economic circulation.In this sense,China's FTZs remain the key hub linking domestic and international circulations.China's FTZs should be given greater reform autonomy.Whilefocusinggon the differentiated exploration and development models,the dividends of the first trial system should be fully utilized to integrate China's FTZs into the national open development strategy.Thus,high-level open practice can be anticipated to boost the virtuous circle of domestic and foreign economies,with concerted efforts and drive China's economy toward a high-quality future.
文摘The time period between 2020 and 2035 is vital for China to achieve its second centennial goal.During this period,China must avoid the middle-income trap and achieve socialist modernization.To accomplish this goal,China must maintain a certain pace of economic growth and strive to double its real GDP per capita by 2035.However,by the current growth trajectory,China’s average economic growth rate is expected to stay at approximately 3.8%over the period between 2020-2035.This makes the GDP per capita growth target hard to achieve.Even when in a high-quality development stage,China should speed up economic growth while enhancing growth quality.Speed and quality are interdependent rather than contradictory with each other.To ramp up economic growth potentials,China must proceed with market-oriented reforms and shift economic growth drivers.To improve economic growth quality,household consumption should be increased to unleash China’s full potential,not only as the factory floor of the world but also one of world’s biggest markets,i.e.“dual circulations.”With appropriate policy response,China’s economy will be poised to achieve the goal of doubling real GDP per capita by 2035,marking a large stride in its economic aggregate and urban and rural household per capita incomes.
基金国家社科基金重大项目“新旧动能转换机制设计与路径选择”(批准号:18Z D A077)南京大学长江三角洲经济社会发展研究中心暨区域经济转型与管理变革协同创新中心联合招标重大项目“长三角区域世界级产业集聚培育和协调发展”(批准号:CYD-2020019)。
文摘The Chinese economy is currently undergoing a digital transformation.New growth drivers are replacing old ones,creating a new development landscape.Countries with strong digital industries will be the first to reap the benefits of digitalization.For China,the transformation to a digital economy is both of inevitability and heterogeneity fueled by dual circulations.Crowded out from more skill-based digitalized sectors,less-skilled labor moves to less digitalized sectors.New capital,industries and technology clusters emerge as new drivers of manufacturing and service sector development.With its large domestic market and industrial competitiveness,China has fostered a new development landscape of“dual circulations”.
基金CASS Innovation Project“China’s Service Industry Upgrading Strategy and Major Policy Options in the 14th Five-Year Period”(2020CJY01-B004).
文摘Tourism is increasingly prominent for economic and social development,both as a strategic pillar industry of national economy and as a modern service industry that satisfies people’s aspirations for a better life.This paper probes into tourism development and opening up from the perspective of the new development pattern with dual circulation,which is of practical implications for the tourism development.Balancedly developing domestic and inbound and outbound tourism-accelerating domestic tourism,expanding inbound tourism,and regulating outbound tourism-is an important way for tourism integrating into the new development pattern.For this point,it is essential to fully play the decisive role of market mechanisms and better play the regulatory role of the government.Multiple measures should be taken for the rapid,high-quality and sustainable development of tourism and for the mutual promotion of domestic and international tourism,so as to lay the foundation for making China to be a world tourism power.
