the first comprehensive housing should provide protection for low-income strata

in the next 5-10 years, long-term, world economic uncertainty, turmoil in international markets and has formed a shrinking trend. However, compared with developed countries and regions in Europe, America and Japan, even in the slowdown in exports, an increase of extremely difficult circumstances, our country is not the lack of new economic growth point and power. A huge domestic market, expanding domestic demand, especially in the new round of urban background of steady growth is a reliable and solid protection, established on the basis of consumption-led basic strategy should Cheap custom jerseys be our long-term economic growth, but also directly related to our basic choices of economic restructuring and reform, has entered for the middle and upper income levels especially in the case of Guangdong.

boost consumption and expand domestic demand must become a foothold in Guangdong steady growth and strategic focus

current world economy has entered a period of adjustment, consumer debt in developed countries, emerging economies, exports of labor, resource-exporting countries in the world economic development model is broken export resources, increasing the uncertainty of the world economy, which requires the economic structure Adjustment to seek a new balance. January to May this year, Guangdong's imports and exports fell by 17.7% of the grim situation shows that the traditional export-led growth model facing difficulties.

large-scale investment in Guangdong is also another source of past economic growth. After the international financial crisis in 2008, the Guangdong capital formation for the rapid increase in the contribution rate of GDP in 2009, even as high as 80.4% in 2012 still amounted to 43.7% as much. However, similar to the case of exports, relying on investment-led economic growth model has tired going to get down, but non-viable model for the middle and upper income levels under. In fact, the current marginal revenue of major infrastructure investments already facing diminishing.

exports, investment and consumption imbalance has become the Guangdong economy prominent contradictions. Although billed as the world factory in Guangdong, but the spending power of industrial products and manufacturing capabilities far match, the consumption rate is far lower than the same income level countries and regions. 1980s, Guangdong final consumption rate of up to 69.8%, then all the way down, which makes economic growth has long relied on investment and exports have not been fundamentally improved the situation, but also further increase the contradictions of economic life and the macroeconomy.

2013, the Guangdong became the first GDP exceeded 6 trillion yuan mark for the province's per capita GDP is expected this year will exceed $ 10,000 mark lines developed. However, experience shows that when per capita GDP exceeded $ 10,000, consumption and livelihood issues cheap MLB Jerseys will cause more concern, the development of the growing demand and consumption will become a long-term trend. As a boundary, Guangdong will experience a long period of profound changes in the social structure of demand, escalating consumer demand for urban and rural residents, the process of sustained release of the consumer market potential. Therefore, boost consumption and expand domestic demand must become a foothold in Guangdong steady growth and strategic focus.

efforts to release the consumer from three potential

the next 5-10 years, Guangdong could disadvantage into advantage, capitalize on the trend, the full release of the consumption potential, depending on the government can not meet the objective of economic development mode shift tendency to rise toward consumer-led economic transformation as the basic strategy. The author believes that the government should focus on strengthening, as in the following three areas:

First, the implementation of structural tax reduction fee policy. Reduce costs is to promote the consumption tax, the best prescription for steady growth, especially tax cuts down the overall significance of Pratt & Whitney fees can increase income, has a significant role in stimulating consumption. Structural tax cuts down on costs, should reduce the consumption-tax rate and the cheap NFL Jerseys tax base of small and micro enterprises, business taxes and various fees individual industrial and commercial households; raise personal income tax threshold and tax deduction costs, reduce low-income the personal income tax, personal income tax to achieve the transition from the classification system to an integrated system, the family system and so on. Also increase the income tax refund to increase the consumption rate of another select menu, as opposed to tax cuts, the tax rebate is not a tax-income ratio and limit the size of the tax, in theory, the size of the tax rebate can reach 100% of tax revenue even more, so much room rebate role.

second, targeted to control the real estate market. For the real estate market, the government should avoid "one size fits all" regulation, the need to shift the focus to restructuring the Cheap football NCAA jerseys real estate market. Specifically, the first comprehensive housing should provide protection for low-income strata, from the preparation room so, buy a house to get out of the dilemma. Secondly, resolutely curb the behavior of ordinary residential investment for buyers, a large investment in ordinary residential housing prices push the negative effects reflected in two aspects, one is not only reduced the investment community spending itself, it also increased the purchase of other ordinary residents spending, consumer spending suppressed ordinary residents of other groups. For luxury homes, villas and so enjoy the type of housing consumption, government intervention is not necessary, you can let the market mechanism to play a regulatory role, not only because of the lower marginal propensity to consume of this group, because actually enjoy the type of housing expenses not will produce any squeeze their spending power, but also bring a lot of enjoyment around the residency requirements for service consumption.

Third, raise the income levels of low-income groups, improve the social security system. Consumer-driven economic growth, mainly due to weak consumer phenomenon main force - the majority of rural and urban low-income part of the consumer weakness. This caused some people mainly due to weak consumption in three aspects: slow income growth leads to low-income majority of the population, as they have been unable to have a big in the consumer; employment more difficult for low-income populations consumption is leading to instability state; social welfare, security system is flawed resulting in consumer expectations continued to decline. Should expand the coverage of public finances, strengthen the government's public services to rural residents, strengthen the public health and basic medical service discount oakley sunglasses system in rural areas. For the "reluctant, afraid to spend money," low-income city, should affect the consumer, "non-income" factors limiting the fuss - due to lower education, health care and other public sector consumer prices, take measures to control their Over-spending on consumer prices artificially high, to the residents basic living enormous public pressure, basic consumer should also be controlled.

(Zhang Qinglin)