Building an open economic powerhouse driven by domestic demand

• 来源期刊: 中国财政与经济研究（英文版）
• 关键词: relationship between internal and external demand internal-demand-led economy investment urbanization consumption
• 年，卷（期）: 2014,（2）
• 页码范围: 100-113
• 页数: 14页
• 语种: 英文

摘要

This paper,starting from an accounting of internal and external demand,first examines the relationship between the two under strict conditions ard then points out the preferences of different countries for internal demand and external demand by relaxing the hypothesis gradually.On the basis of general theories,the evolution of the relationship between internal and external demand in China's economic growth is studied to explain that expanding internal demand and establishing an open economic powerhouse driven by internal demand is a realistic choice.Specific suggestions on such aspects as investment,urbanization,income,consumption,and distribution are also proposed in the hope of being conducive to related future research.