In Export-oriented Mode And Investment Leading To Unsustainable

In export-oriented mode and investment leading to unsustainable in a specific context, maintaining sustained economic growth is an important way out is to accelerate the distribution of structural reform, raising income levels, expand the common household consumption. Over the past 30 years, China's economy has been achieved, but economic imbalances are quite serious, a big sticking point is the lack of domestic consumption, residents of final consumption by a proportion of the GDP at the beginning of reform and opening up 45% to 35% in recent years, while developed countries generally in more than 70%, medium-sized countries is 60%.

Decisions on the consumption, production and consumption decisions, China consumer shortage of root cause is not a common people do not have money to spend, but disposable income is insufficient, and national income distribution has a direct relationship between the serious imbalance. In national income distribution, resources for increasing speed too inclined to the Government and enterprises, households and individuals, and local governments reduce the relative share. Chinese Academy of social sciences recently released the Chinese financial policy report 2009/2010 ", the 2009 at full aperture of the Chinese Government revenue to GDP ratio reached 32.2%, significantly higher than in many developing countries, and Europe and the United States and other developed countries Replica Watches to compare is not too low. On the one hand, government revenue to the rapid growth of the income and extrusion business revenue growth of space, making the residents spending power and the ability to drop in private investment, on the other hand, Government transfer payments and social security expenditure of lag and lead to decreased consumption tendencies, propensity to rise. Domestic demand is insufficient to compel the Government to constantly increasing public investment to stimulate the economy, but also makes our economy's dependence on foreign trade, need more trade surplus to drive economic growth; on foreign trade and investment's dependence on the Government to strengthen and intensify the economic structural imbalance and income frustrated, it's a vicious circle.

"Twelve five" period, in the export-oriented mode and investment leading to unsustainable in a specific context, maintaining sustained economic growth is an important way out is to accelerate the distribution of structural reform, raising income levels, expand the common household consumption. If you made a major breakthrough for the next 10 years or so, the consumption rate from the current 35% to 50%-55% of final consumption rate will increase from less than 50% to 60%-65%, allowing the consumer to become economic endogenous growth. First, all levels of Government in the development of the concept, you must set the development objectives of the "economic growth" changed to "income growth", the household income increased levels as an important achievement appraisal, change simple measuring GDP indicators of the status.

Secondly, to speed up the reform of the tax system. Currently, the largest public opinion is the transmutation of personal income tax into "poll tax", wage-earners paid most of the tax, and true high income earners, as source of income for the complex, tax collection, it can less tax avoidance or easily. Today, to resolve or mitigate conflicts of income Fake Watches distribution in China, a tax reform have not again and again. In addition to the substantial increase in income tax threshold, but also in the tax system designed for full update, the current classification of income tax to the international popular integrated tax system, while at the same time enhancing tax collection.

Third, the increase in initial allocation of reform efforts. Main should take the following measures: strengthening the Enterprise Trade Union building, and actively promote workers ' wages in collective bargaining; the establishment of workers ' wage growth mechanism of normal; systematically raising the minimum wage standards, take effective measures to restrict monopolies high income; reduce the incentive tax, small and medium-sized enterprises provide their employees a pay raise, etc. Fourth, as soon as possible the improvement of national social security standards, extend social security coverage to ensure that the health, education, pension, etc. let people get a good night's sleep. In addition to rural more vigorously promote rural social security system construction, in the cities of social security Rolex Watches for migrant workers-oriented system, you should consider in the social security system set up specifically for low-income people, particularly the rural poor education fund to support low-income children improve the quality of human capital, avoid the intergenerational transmission of poverty.

By: alexaders

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In export-oriented mode and investment leading to unsustainable