The national economy is an intricate and multi-dimensional whole, involving all the economic interest groups of a country, which is of great significance, and therefore needs to be reflected in its overall situation and development trend through national economic statistics. Here are the national economics papers I recommend for your reference.
National Economics Essay Sample Essay 1: National Economy Management Essay
Chapter 1 Preface
In the long run, China's industrial structure domain of the economy normal between the trend of random changes with the *** same. Therefore, the industrial policy of controlling economic growth by adjusting and optimizing the industrial structure is effective in China.
The irrationality of China's economic structure and the need to reorganize is an old topic. To be sure, China's economic structure has been restructured since the reform and opening up. For example, the proportion of agriculture in the GDP declined; the proportion of primary products in the foreign trade structure has been adjusted; but with the development of economic globalization and China's accession to the WTO, the economic structure of the adjustment and restructuring, has become a very urgent issue. Economic restructuring is a very complex topic, need to do a lot of in-depth investigation and research work and groundwork.
Chapter 2: The Current Situation of China's Three Major Industrial Structures
2.1 The Current Situation of Industrial Structure
The industrial structure, which refers to the economic links and quantitative comparative relationships between the various industrial sectors of the national economy and the composition within each industrial sector as well as the mutual constraints among them, is also known as the sectoral structure of the national economy. It is generated and developed on the basis of general and special division of labor through the organic combination of the relationship between industries. The so-called industrial optimization and upgrading means, firstly, with the improvement of the economic development level or under the guidance of relevant government policies, the evolution of a country's industrial structure shows the process of development and optimization from the low level to the high level, i.e., to promote the rationalization of the industrial structure and the development of the high level of the process. Secondly, it refers to the process of the development of individual industry to labor-intensive to capital- and technology-intensive economic fields, i.e., the evolution of industry from low technology level and low value-added state to high technology and high value-added state.
Since the reform and opening up, especially since entering the new century, in order to adapt to the general situation and trend of the development of global competition in high-tech industries, China has insisted on the combination of institutional innovation and technological innovation, and focused on the development of high-tech industries that have a breakthrough and significant role in driving the economic growth, which has contributed strongly to the adjustment of the industrial structure. the structure of the three industries, as calculated by the preliminary verification of the number of GDP in 2010, was. The total GDP at current prices in 2010 was 401,202,000,000 Yuan, an increase of 321,900,000,000 Yuan over the preliminary verified figure, with a growth rate of 10.4% at constant prices, an increase of 0.1 percentage point over the preliminary verified figure. Among them, the added value of the primary industry was 40534 billion yuan, an increase of 3.7 billion yuan over the preliminary accounting, with a growth rate of 4.3%, the same as the preliminary accounting rate. The added value of the secondary industry was 187,581 billion yuan, an increase of 110 billion yuan over the preliminary accounting, with a growth rate of 12.4%, 0.2 percentage points higher than the preliminary accounting. The added value of the tertiary industry was 1,730.87 billion yuan, an increase of 208.2 billion yuan over the preliminary verification figure, with a growth rate of 9.6%, 0.1 percentage point higher than the preliminary verification figure. The structure of the three industries according to the preliminary verification figures, the primary industry accounted for 10.1%, the secondary industry accounted for 46.8%, and the tertiary industry accounted for 43.1%.
In recent years, the proportion of China's primary industry has continued to decline, in which the proportion of the tertiary industry has further increased, which shows that the contribution of the service industry to China's economy is getting higher and higher, and that the tertiary industry needs to continue to develop vigorously. In general, the current three major industries in China have a more reasonable structure, which gradually changes the relative proportion and technical correlation between each industry, improves the overall efficiency of the industrial structure, and optimizes the industrial structure.
2.2 Problems of Industrial Structure
2.2.1 Problems of Agriculture
Since the reform and opening up, China's agriculture and rural economy have made great progress, and the agricultural industrial structure has been adjusted to form a better pattern. However, there are still a lot of problems in the current agricultural industrial structure.
(1) Agricultural infrastructure is still weak. Water supply, power supply, transportation, communications and other infrastructure is still very imperfect, some areas of the conflict is still relatively acute. For example, North China, Northwest China and other areas of water shortage is more serious, affecting agricultural production and people's lives.
(2) varieties of agricultural products, the quality of the structure is not optimized, agricultural products of high quality rate is low. China's cattle, sheep, pigs and other meat products, apples, pears and other fruit products, flower products, as well as aquatic products, etc. in the international market has a clear price advantage, but faced with varieties of poor, low quality problems.
(3) agricultural processing industry is still in the primary stage, preservation, packaging, storage and transportation, marketing system lags behind the development of primary products and processed goods ratio is not coordinated. Developed countries and agricultural output value of agricultural products processing industry than most of the ratio of 2:1 or more, while our country is only 0.43:1, compared with foreign countries, the gap is relatively large.
(4) The regional layout of agricultural products is not reasonable, not give full play to their own regional comparative advantages, failed to form a distinctive characteristics of the regional layout of agricultural products structure.
2.2.2 Problems in the secondary industry
The total volume of the secondary industry has been expanding obviously, but the production structure is not reasonable enough, the structure upgrade is slow, and the quality of economic growth is not high. The main performance is as follows. (1) at the bottom of the global value chain, industrial upgrading is facing difficulties.
Three decades after the reform and opening up, China's rapid economic growth, the cost advantage of mass production so that China has won the title of "world factory". However, China's comparative advantage is to a considerable extent dependent on cheap labor, which leads to the industry's competitive advantage is mainly concentrated in the low value-added non-core components manufacturing and labor-intensive assembly process, the added value of the product is difficult to improve.
In the total export value, the proportion of processing trade is also more than 50%. This shows that even local enterprises rely heavily on orders from foreign enterprises, rather than relying on independent research and development and their own products to develop the international market. This dependence on orders is another clear evidence that Chinese industry is at the bottom of the global value chain. Once the foreign market weakens, this model will be unsustainable. The financial crisis is a good example.
(2) Insufficient investment in R&D and poor technological innovation. At present, the total scale of China's manufacturing industry accounted for 6% of the world, and R & D investment accounted for only 0.3%, a serious lack of R & D investment, industrial **** technology research team appeared to be a serious shrinkage. The industry's technical innovation ability is poor, resulting in a high degree of dependence on foreign core technology and key components, enterprises can not differentiate themselves in quality, innovation and other competitive advantages, only to rely on low-cost to maintain revenue. This is precisely our enterprises in the color TV, air conditioning, cell phones and many other areas are trapped in the quagmire of the price war can not extricate themselves from the important reasons.
2.2.3 Problems of tertiary industry
The development of tertiary industry is lagging behind, and the internal structure needs to be further adjusted and improved. China's tertiary industry is growing very fast and has played the role of main channel in employment, but the total volume is small and the industry structure is unreasonable, and the development level is lagging behind. In terms of total volume, the added value of the tertiary industry accounts for an obviously low proportion in GDP. At present, the proportion of tertiary industry in most developed countries is about 70%, and that in most developing countries is about 50%, while the proportion of tertiary industry in our country has been hovering between 30% and 40% for a long time. From the internal structure of tertiary industry, developed countries mainly focus on new industries such as information, consulting, science and technology, finance, etc., while the proportion of traditional service industries such as commerce and catering, transportation and so on in our country is large, accounting for more than 40%; basic service industries such as post and telecommunication, finance and insurance as well as information consulting, scientific research and development, tourism, press and publication, broadcasting and television and other new service industries, although they develop fast, their proportion is still not high, and their development is still insufficient. The development is still insufficient.
2.3 Causes of Problems in Industrial Structure
2.3.1 Because China is a special developing country with a large population and abundant labor resources, the transfer of surplus agricultural labor from non-agricultural industries is the biggest driving force for China's economic growth; the same as the relative shortage of capital, technology, and other emerging resources, the role of economic growth is significantly smaller compared with other countries. Given the extremely large amount of surplus labour in the countryside, and the various obstacles and restrictions on its transfer to the cities, China has taken the approach of transferring surplus labour in the countryside more often than not, and has taken the road of rural industrialization, but because this "rural industrialization" has not been combined with the urbanization of the countryside, and because of the low level of income of the rural population, and thus the low level of income of the rural population, it has been possible for the rural population to move into the non-agricultural sector. However, because this "rural industrialization" is not combined with rural urbanization, and because the income level of rural residents is low, which leads to their low level of consumption, the development of the service industry is limited by local demand, and industrial production can be relied on from the urban market, so most of the surplus agricultural labor force to the rural secondary industry in particular, especially industry, and the tertiary industry has not been corresponding to the rapid development.
China's rapid economic growth is mainly driven by the ultra-high-speed growth of industry, which is mainly due to the ultra-high-speed growth of township industry, the proportion of township industrial output value to total industrial output value was 17.7% in 1985, and it rose to 29.7% in 1990, and further to 42.5% in 1995, but the rapid development of township enterprises plays a smaller role in the growth of tertiary industry. However, the rapid development of township and village enterprises has less effect on the growth of the tertiary industry, which is mainly due to the industrial structure of township and village enterprises from the high tilt of the secondary industry, which to a large extent deepens the deviation of the industrial structure of China's industrial over-representation and the tertiary industry under-representation.
On the other hand, the shortage of capital, technology, and resources such as management knowledge, talents, and information in rural areas has become more prominent, and the technological renewal and advancement have failed to keep pace with the expansion of rural industries, and the upgrading of the industrial structure has been rather slow. The development of primary and tertiary industries is lagging behind, and the process of upgrading their structure is affected accordingly. Due to the rapid increase of the proportion of rural enterprises in the national economy, their industrial structure has become more and more prominent affecting the process of upgrading the entire industrial structure.
2.3.2 The deviation of China's industrial structure has a lot to do with the lagging influence left behind by the one-sided emphasis on industrialization before the reform, which has not been fundamentally reversed in the two decades since the reform, though there have been some changes. In the first place, China had promoted industrialization at a very low level of per capita income. As a populous mega-developing country, the low level of economic development and the huge size of its population made China's per capita income level very low, and its per capita GDP was only RMB 119 yuan when industrialization began in 1952. In the two decades before the reforms, China's industrialization had been pushed forward sharply under the condition of a very low level of per capita income, and the rise in the proportion of industrial output value was almost out of touch with the change in the level of per capita income. In 1978, the per capita GDP was only RMB 379, which was obviously lower than the level of per capita income as the starting point of industrialization in the "general model" of the relationship between per capita income level and the change of industrialization of Chinnery et al. In this year, the proportion of China's industry in GDP was 94.3%, which increased by 7.6% compared with that of 1952. In this year, the share of industry in GDP was 94.3%, up 26.7% percentage points from 7.6% in 1952. The impact of this particular phenomenon of the increase in the share of industry separate from the rise in the level of per capita income has continued to the present day.
Secondly, China's industrialization was promoted under conditions of backward marketization. Market economy countries at the beginning of industrialization, marketization has been developed to a large extent, the proportion of the tertiary industry is higher, as the stage of industrialization advances, marketization continues to develop, the proportion of the tertiary industry continues to rise at a rate lower than the rate of industrialization. While the degree of marketization and the proportion of tertiary industry were relatively low at the starting point of industrialization in China, especially in the process of rapid advancement of industrialization, marketization was not developed accordingly, the proportion of tertiary industry was not increased gradually, and marketization lagged far behind the industrialization process, which resulted in the structural deviation of the industrial structure in the early period of reform in which the proportion of the secondary industry, especially the industry, was on the high side, and the proportion of the tertiary industry was on the low side. After the reform, the tertiary industry in the cities had a relatively rapid development in the 1980s, but it did not fundamentally change the situation of the tertiary industry, and it tended to deepen again since the 1990s under the influence of the accelerated process of industrialization in the rural areas and the tilted structure of economic growth. Finally, industrialization is detached from urbanization. Since the foundation of China's industrialization was laid during the period of planned economy, the different characteristics of plan-driven industrialization and market-driven industrialization are that the changes in industrial structure are separated from the changes in demand structure. The human factor led to one-sidedness and hindered the formation and functioning of the market mechanism in the process of industrialization. The industrialization before the reform was mainly a kind of urban industrialization, but only a small number of peasants were systematically arranged to "transfer their farms to non-permanent ownership" for employment in the cities, while the rest of the large rural population was excluded from the plan and continued to be stranded in the countryside. In the process of rapid industrialization, the progress of urbanization is very slow, the proportion of rural population is still very high, the proportion of industrial output value has increased greatly, at the same time, the proportion of employment in agriculture is still high, and the surplus labor force in agriculture can not be transferred out, this kind of urbanization lags far behind the industrialization, and there has not been much change even now, the lagging behind of the urbanization has produced a serious impact on the problem of China's industrial structure, mainly hindering the development of the tertiary industry. It mainly hinders the development of the tertiary industry and increases the deviation of the industrial structure, because the development of the tertiary industry is linked with urbanization, and only the expansion of the number and scale of cities can provide a broader space for the development of the tertiary industry.
Chapter 3 Challenges of the current new situation at home and abroad and the direction of evolution
3.1 Challenges of the international environment
Although China's industrial structure has a qualitative leap compared with that before the reform and opening up, our industrial structure is facing the historical mission of transformation and upgrading under the double influence of the internal and external environment. From the international environment, the financial crisis triggered by the U.S. subprime mortgage crisis has evolved into a global economic crisis, and the developed economies of the European Union, Japan, and the United States have fallen into recession, with only some signs of recovery in some countries, and the World Bank and other organizations are still lowering their expectations for future economic growth, and the global economy is set to enter a period of slow growth.
At the same time, China's effective demand for foreign exports has declined, foreign investment abroad is not strong, and the sharp decline in investment demand and consumer demand has led to a continued contraction in business and minimized new investment. It can be seen that the economic crisis is also a process of survival of the fittest, some of the old industries, old technology had to exit the battlefield, the adoption of new industries, new technology is the inevitable choice, some enterprises to take advantage of this international situation, industrial upgrading, and at this time, industrial upgrading of the difficulty and risk are greatly increased.
The continuous expansion of China's foreign trade volume, increased trade friction and rapid currency appreciation and other factors make China's exports of labor-intensive products has become more and more difficult, Europe, the United States and Japan, and other economic recession has cast a shadow on the export of China's products, and therefore over-reliance on foreign demand has exposed the vulnerability of China's industrial structure, resulting in China's economic growth with instability.
3.2 Challenges of the domestic environment
In addition to the influence of the unfavorable economic environment of the external world, the development dilemma of China's industry is also constrained by internal factors, China's economy is gradually entering into a period of economic transition after 30 years of rapid development. Thirty years of economic growth, although the proportion of capital and labor has improved, but China's economic growth is still mainly dependent on the expansion of low-level production capacity, that is, in the rapid growth of production capacity at the same time, the rate of rise of soft power is relatively lagging behind, part of the technology will have to continue to rely on developed countries, the level of technology can not be improved, it is difficult to form their own independent innovation products, even if enterprises to strengthen the investment in research and development, the At present, our comprehensive level of design and development capabilities and international competitiveness and is still in a low position; at the same time, the lack of high-level multinational talent of Chinese enterprises, overseas expansion of the level of personnel is relatively weak, the ability to develop the international market has not been expanded accordingly.
Currently China's factor endowment structure is still characterized by a relative abundance of ordinary labor and a shortage of high-end talent, and information technology and other capital is also relatively scarce, long-term reliance on the advantages of low factor cost of production of Chinese products gradually lose their competitiveness, with the enhancement of the structure of the factor endowment and comparative advantage of the evolution of the development of China's industries must begin to labor-intensive to technology, knowledge-intensive transformation, this transformation requires that Chinese enterprises must begin to labor intensive to technology, knowledge intensive. This transformation requires Chinese enterprises to accelerate the pace of industrial upgrading and realize the transformation of economic development mode. At present, the dual role of China's economic transformation and the global economic slowdown, making China's economy is facing a more serious challenge, in this context, China's industry is able to seize the historical opportunity to choose the right upgrade path to accelerate the pace of industrial restructuring, is now the key to the healthy and sustainable development of China's economy.
3.3 Direction of the evolution of the three major industries
The overall judgment on the trend of the three industrial structure changes is that the medium-term stage of China's industrialization process will probably last until after 2020. Among the primary, secondary and tertiary industries, the pattern of the secondary industry is unlikely to change before 2020. "From the 11th Five-Year Plan to 2020, the proportion of income from the primary industry will continue to decline; the proportion of the secondary industry may still rise during the 11th Five-Year Plan period, and may begin to decline after reaching its peak around 2010; the proportion of the tertiary industry will basically remain stable during the 11th Five-Year Plan period; and the proportion of the primary industry will continue to decline until 2020. The proportion of the tertiary industry is basically stable during the "Eleventh Five-Year Plan" period, and may increase significantly after 2010.
1. The basic position of agriculture remains unchanged
The proportion of agriculture in the national economy will continue to decline, but its importance and basic position will not change. In traditional agriculture, the proportion of plantation industry will decline, and the contribution of fishery and animal husbandry will increase. Within the planting industry, the proportion of food crops will slowly decline, the proportion of cash crops, melon and vegetable crops and other crops will rise.
2. Structural adjustment within the industry
(1) The stage of heavy industrialization is insurmountable, Hoffman's law shows that the trend of heavy industrialization in the middle and late stages of industrialization is a common law in the process of industrialization in many countries. According to international experience, when the per capita GDP rises from 1,000 dollars to 3,000 dollars, the consumption structure of the population will continue to be upgraded, i.e., the consumption structure will change from having enough to eat and wear, having durable consumer goods to use and having a house to live in to having good food and clothing, improving living conditions, improving the quality of durable consumer goods and expanding the consumption of services. Correspondingly, automobiles, housing, building materials, communications and other industries will have significant development, thus driving the iron and steel, machinery, building materials, chemical and other heavy industries and electronics and communications equipment manufacturing industry, the development of heavy industry is an inevitable trend.
(2) The information industry will become China's future leading industry. According to statistics, 1985-2003, the world's high-tech industry exports increased by 14.3% per year, compared with the low and medium-technology and low-technology industry export growth rate of 5 to 6 percentage points higher. High-tech industries are gradually replacing traditional industries as the leading manufacturing sector.
China is currently the world's largest consumer of IT products, but also the world's participation in the international division of labor in the information industry manufacturing the most countries. China's eastern coastal areas have been concentrated in the development of a large number of information industry necessary human capital, at the same time, lower labor costs are China's IT industry manufacturing industry has a strong international competitiveness. By participating in the international division of labor of IT industry manufacturing, China can not only realize full employment, but also obtain high comparative interests, and through uninterrupted "learning by doing" and "learning by using", it will gradually accumulate a strong IT industry technology development capability. The information industry should and can become China's future leading industry.
National Economics Essay Sample 2: National Economy Statistical Analysis Essay
Abstract
Consumption demand, as a very important part of it, has a very important impact on aggregate demand, and then on the formulation of aggregate demand policy also has a significant impact on the development of the macroeconomic balance. This paper Firstly, we set up a model, using SPSS software, we studied the factors affecting national consumption, and carried out economic significance test, and statistical inference test on the analysis results of the model. Finally, it is concluded that the income level of the residents has the most significant influence on the consumption level, and other factors are the second most significant. Through the analysis of the structure of the use of consumption expenditures, we understand the trend of changes in the structure of consumption expenditures on the living standards of the residents, no matter whether it is urban or rural residents, the Engel's coefficient has declined with the change of time, which shows the improvement of the overall living standards of the residents in China. Through a comparative analysis of consumption demand, investment demand, import and export demand of the three major demand contribution to the growth of GDP, concluded that the contribution of consumption and investment to economic growth and pulling effect is significantly greater than the net exports, economic growth is overly reliant on investment, while consumer demand there is still a lot of room for development.
Keywords: national consumption, consumption structure, consumption demand
First, the significance of the study of national consumption
According to the analysis of economics, the social demand includes consumption demand, investment demand and net exports. Consumption demand, as a very important part of it, has a very important impact on aggregate demand, which in turn has a significant impact on the formulation of aggregate demand policy, which affects the balanced development of the macroeconomy.
At this stage, China has the conditions and the need to rely on the expansion of domestic demand, especially consumer demand to promote economic development. First of all, China is in the development stage of optimizing and upgrading the consumption structure of the population, and the higher national savings rate and the huge potential of the domestic market provide the material conditions for boosting demand growth. Secondly, our residents' survival-oriented consumption demand has been basically satisfied and is being upgraded to the transition of development-oriented consumption demand, but the industrial product structure, income distribution structure, the degree of coordinated regional development and consumption policy and concepts of serious lagging behind the demand for upgrading and changing the consumption structure, which leads to the shrinkage of consumption demand, but also to the social production of the adverse impact, so we must expand domestic demand and promote economic growth.
On how to expand domestic demand, the Central Economic Conference has pointed out that increasing consumption is the focus. From a theoretical point of view, the specific content of consumer demand is mainly embodied in the consumption structure, in order to increase the population's consumption, we must start from the study of the population's consumption structure, only to understand the trend of changes in the structure of the population's consumption and the law, to master the hot spots of consumer demand and the direction of development, in order to provide consumers with a good policy environment, to guide consumers to reasonably expand consumption, in order to promote the adjustment of the industrial structure and optimization of the upgrading of the consumer structure It is the only way to promote industrial restructuring and optimization and upgrading of the consumer structure, to coordinate with each other, and to promote the stable and healthy development of the national economy.
Second, the analysis of factors affecting the level of consumption
(a) Modeling and solving
The level of consumption of the population is affected by a number of factors, such as the income level, the Consumer Price Index (CPI) and the Engel's coefficient. The following table gives the relevant data of consumption level from 1991 to 2010. Based on the data in Table 1 and Table 2, the multiple linear regression models of urban and rural residents' consumption levels on their three influencing factors are established respectively, and step-by-step regression analysis is carried out.
(II) Model test
1. Economic significance test According to the regression results: urban: y?4672.999?0.736x1?5.937x2?52.900x3 Rural: y?470.486?0.721x1?1.793x2?8.827x3, it is known that, in which coefficients of 0.736 and 0.721 in front of x1 indicate that in urban areas, the consumption level of the rural residents is lower than that of the urban residents. 0.721 respectively indicates that under the condition that the consumer price index of urban (rural) residents and the Engel's coefficient of urban (rural) residents remain unchanged, for every increase of 1 yuan in the disposable income per capita of urban residents (the net income per capita of rural residents), the absolute number of urban (rural) residents' consumption level will increase by 0.736 yuan (0.721 yuan) on the average, and the increase in the level of income of the population described in the theory has a significant impact on the level of consumption of the population. Changes have a clear impact, the level of residents' income is an important reason to influence the growth of the level of consumption this conclusion is consistent.
2. Statistical Inference Test
(1) Goodness-of-fit test:
From the above analysis of the data, we know that the coefficient of determination of the two models R were 0.994, 0.998, and the coefficient of determination of the adjustments were 0.992, 0.998, which shows that the relationship between the explanatory variables and the explanatory variables is extremely close, which means that the model fits the sample very well. The explanatory variables can explain 99.4% 99.8% of the deviation of the explained variables.
(2) Equation significance test —F test
Given the significance level ? = 0.05, from the table we can see that F=823.034(3195.1), check the F distribution table of degrees of freedom respectively k=3, n?k?1?4 the critical value of 2F?3,4?6.59 , due to the 0.05
F>F0.05?3,4?, so it is considered that at the 5% significance level, Y on x1, x2, x3 has a significant linear relationship, the regression equation is significant, i.e., disposable income per capita of urban households (net income per capita of rural households), consumer price index of urban residents (consumer price index of rural residents), and Engel's coefficient of urban residents (Engel's coefficient of rural residents) jointly have a significant effect on the explanatory variables.
(3) variable significance test — t-test given the significance level ? = 0.05, check the t-distribution table to obtain the critical value of the degree of freedom of 4 t?4?= 2.776, due to the regression analysis table: 0.025
Urban: t1?25.622,t2?0.371,t3?1.956
Rural: t1?37.832,t2?0.812,t3?1.838 From the test, it can be seen that the urban t1?2.776 is significant, while t2?2.776,t3?2.776 are not significant national economic statistical analysis essay, rural t1?2.776, t2?2.776, t3?2.776 is also not significant, that is, it can be considered that the consumer price index and the Engel coefficient of the residents do not have a significant impact on the level of consumerism, and can be used in the establishment of the model, it can not be introduced into the model as explanatory variables. The impact of the income level of the population on the consumption level of the population is significant.
Conclusion
By analyzing the factors affecting the level of consumption, it is concluded that the level of residents' income has the most significant impact on the level of consumption, and the other factors are second. Through the analysis of the structure of the use of consumption expenditures, it is understood that the structure of the consumption expenditures of the residents' living standards, the proportion of survival-type consumption will show a downward trend, while the proportion of enjoyment-type consumption and development-type consumption will show an upward trend. The analysis of Engel's coefficient concludes that whether it is urban or rural residents, Engel's coefficient has declined over time, which shows the improvement of the overall living standard of our residents. Comparative analysis of consumption demand, investment demand, import and export demand of the three major demand on the GDP growth rate of contribution to consumption and investment on economic growth and pulling effect is significantly greater than the net exports, economic growth is overly reliant on investment, while consumer demand there is still a lot of room for development. We must completely abandon the concept of "investment first" and firmly establish the idea of "consumption first". The expansion of consumption as the fundamental goal of economic growth and power, in order to continuously improve and enhance people's living standards and quality of life.
References
[1] Li Baoyu. Statistical Analysis of National Economy [M]. China Statistics Press, 2002.
[2]Xu Xiaofei, Gong De'en, Wu Chengye. New Thoughts on the Production Function-Theoretical Research and Empirical Analysis [3] Pan Wenqing, Li Zinai, Zhang Wei. Prospects for China's Economic Growth in the First 20 Years of the 21st Century.