Innovation in Macroeconomic Policy in the Post-Industrial Era
Currently,based on China's persistent volatile and erratic economic growth,as well as the emerging phenomena of a service-oriented industrial structure,decelerating urbanization,and a declining population trend,it is conceivable that China's economic development may have entered the post-industrial era.Characteristics of this era include economic growth transitioning towards modernization,more prominent structural features in growth,difficulties in achieving rotational structural growth,and a weakening role of fiscal and monetary policies.To maintain a sustainable and moderate growth rate for China's economy in the future,policy innovations are needed in several areas:firstly,exploring new paths for China to promote globalization,strengthening global infrastructure construction and connectivity,etc.;secondly,innovating fiscal policies by promoting land leasing and equity participation,implementing housing rental policies,and converting tax reliefs and fiscal subsidies into funds and equity stakes;thirdly,innovating monetary and financial regulatory policies by maintaining stable and appreciated exchange rates,enhancing the credibility of the RMB,advocating for cross-border fulfillment of monetary functions by sovereign currencies,and conducting real-time supervision of financial risks;fourthly,promoting technological innovation by leveraging organizational strengths,fostering division of labor,specialized collaboration,and system integration,embracing the path of scientific and digital manufacturing,dissecting behavioral actions and thought processes,and moving towards intelligent manufacturing.
NETL
NSTL
万方数据
