Countermeasure Study On Structure Adjustment Of Economic Growth Pulling Force In China

Consumption, investment and exportation are the "troika" of driving the economic growth.since the reform and open policy policy was carried out, investment and exportation has been the leading strength of driving China's high speed economic growth. At present, under the circumstances that China's GDP and total volume of exportation, etc have already ranked top in the world, it will be difficult to rely too much on investment and exportation to drive the economic growth. On one hand, international trade relies on relative advantage. In the past 20 years, China's main advantage has been the sufficient supply of labors and resources and their low cost. High surplus of foreign trade has been maintained and the economic growth has been developed. However, the demand of exportation which relies too much on foreign side can not only bring risks such as huge economic fluctuation and so on, but also affect the sustainable development of the economy. On the other hand, the growth of the investment is too fast. Relying too much on investment to drive the economic growth can easily cause overheated economy, inflation and a series of situations of imbalanced macro economy. Compared with that, our country's consumption demand grows slowly and has not shown its driving effect on the economic growth.Therefore, in the Report to 17th National Congress of the CPC, General Secretary Hu Jintao specially addressed the issue of "accelerate the transformation of the development pattern", emphasizing that we should "pursue the policy of boosting domestic demand, particularly consumer demand, and propel three transitions in the mode of economic growth: the transition from relying mainly on investment and export to relying on a well coordinated combination of consumption, investment and export.On the basis of analysis on the advantages and disadvantages of exportation, investment and consumption on the economic growth, and fully using for reference the related research results of experts and scholars at home and abroad, the article proposed the countermeasures of innovating the dynamic structure of economic Growth in China. Countermeasure policy with certain theoretical and practical value have been raised from aspects of vigorous adjustment of distribution relations, further establishment and perfection of social security system, restraining and lowering the abnormal high price of real estate, active development of consumption credit, promotion of the coordinated development of urban and rural areas, cultivating new consumption hotspot and so on.