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2025-12-15 15:05:50
[Xi Jinping: A Complete Domestic Demand System Should Be Formed Quickly; A Long-Term Mechanism for Expanding Residents' Consumption Should Be Established and Improved] The 24th issue of Qiushi magazine, published on December 16th, will feature an important article by Xi Jinping, General Secretary of the CPC Central Committee, President of the People's Republic of China, and Chairman of the Central Military Commission, entitled "Expanding Domestic Demand is a Strategic Move." The article points out that a complete domestic demand system should be formed as soon as possible, focusing on expanding consumption demand supported by income, investment demand with reasonable returns, and financial demand with principal and debt constraints. Consumption is an important engine of my country's economic growth. The most fundamental way to expand consumption is to promote employment, improve social security, optimize the income distribution structure, expand the middle-income group, and solidly advance common prosperity. A long-term mechanism for expanding residents' consumption should be established and improved so that residents have stable incomes to consume, no worries about the future to dare to consume, and a superior consumption environment that gives them a strong sense of gain and makes them willing to consume. (Xinhua News Agency)
