LATEST ISSUE
2026 No. 01
The Strategic Imperative of Expanding Domestic Demand
Expanding domestic demand is vital for both economic stability and security. This is not a stopgap measure, but a strategic initiative. We must act with great urgency to address inadequate domestic demand, particularly in consumption, and work to establish domestic demand as the primary engine and anchor of economic growth.
Thoroughly Understanding the Strategic Requirement of Expanding Domestic Demand
Domestic demand consists of both consumption and investment—two forces that are interconnected and mutually reinforcing. To expand domestic demand, therefore, we must fully leverage both the fundamental role of consumption and the pivotal role of investment and foster positive interplay between the two.
Firmly Implementing the Strategy of Expanding Domestic Demand
China must, therefore, firmly pursue a strategy of expanding domestic demand and work to develop an economic development model in which growth is more driven by domestic demand, propelled by consumption, and sustained by internal momentum. This way, we can keep improving the quality and efficiency of our economy.
Advancing Chinese Modernization Through High-Quality Development ?
Promoting high-quality development is the fundamental requirement for determining our line of thinking on development, formulating economic policies, and conducting macroeconomic regulation in China at present and for the near future. The Recommendations makes comprehensive arrangements for economic and social development during the 15th Five-Year Plan period, with high-quality development running throughout the document as a unifying theme reflected in tasks across all fields.
Persisting in High-Standard Opening Up
Domestically, as China’s economy has shifted to a stage of high-quality development, it is necessary to attract more quality resources and factors of production from across the globe through high-standard opening up. President Xi's major judgments and strategic decisions are made on the basis of a keen insight into the changes in our world, our times, and history, demonstrating strategic wisdom and historical initiative in shaping the trends of the era.
Eliminating Bottlenecks and Obstacles Hindering the Development of a Unified National Market
Accelerating the creation of a new development dynamic, pursuing high-quality economic growth, building a modernized industrial system, and achieving greater self-reliance and strength in science and technology all depend on a unified national market as an essential precondition and foundational pillar.
Optimizing Income Distribution Through Institutional Development
Ensuring and improving the people’s wellbeing through development is a fundamental task that requires establishing an institutional framework that enables all people to benefit from modernization, significantly narrowing income gaps, and continuously increasing the level of common prosperity for all.
Exclusive Interview | Why Invest in Human Capital?
Investing in human capital represents a people-centered, long-term developmental orientation. It leads to adjustments in investment behaviors and an optimization of investment structures toward more fundamental goals, such as meeting the people’s growing needs for a better life and achieving well-rounded personal development and comprehensive social progress.
In-Depth Research | The Path to All-Around Revitalization: Bulenggou Village
Bulenggou has experienced an unprecedented and profound transformation, which vividly illustrates the CPC’s people-centered development philosophy and highlights the political strengths of China’s socialist system in pooling resources to launch major initiatives. This has eradicated the thousand-year-long issue of absolute poverty in deeply impoverished regions and also laid a solid foundation for advancing all-around rural revitalization and accelerating agricultural and rural modernization in areas with large ethnic minority populations.
