In The Context Of The Current Financial Crisis Research On The Policies Of Expanding Domestic Demand In China

Since reform and opening, By the cheap labor resources and low exchange rates, China continuously developing export-oriented economy. So, export demand accounts a great proportion of the total demand in the community. However, beginning in 2008, an international financial crisis has brought China's exports a serious blow to dramatic decline in export demand. In this context, the recommendation of expanding domestic demand were put on the agenda. By stimulating domestic consumption demand and investment demand, aggregate demand and aggregate supply balance the contradiction, to achieve "economic self-help" is the policy of our government chooses the road. Analysis of the efficiency of policy implementation to expand domestic demand, that the effectiveness of policies and lack of policies to expand domestic demand to improve the system and content, maintaining the sustainable development of China's national economy has a strong practical significance.The full text has seven chapters. Firstly, an introduction, description of the policy's background, purpose, status and research methods. Then, The first chapter briefly describes the meaning of the policy of expanding domestic demand, classification, basic idea, then explained the need and the importance of policies to expand domestic demand. The second chapter to the fifth chapters presented a detailed comment of the four major expansion of domestic demand policies:fiscal policy, monetary policy, industrial policy and income policy and the lack of effectiveness of each. In the sixth chapter, the analysis of some foreign policies promulgated by the state to expand domestic demand, China's enlightenment. In the seventh chapter, combined of the current economic situation in China today, for expanding domestic demand and promote economic development,we take a number of measures for the Government in formulating effective macroeconomic policy reference.