Cao Jianhai: Export Stimulating Economic Growth Is An Unbalanced Growth Mode.

2011/2/11 9:00:00 50

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It is reported that recruitment difficulties have caused some enterprises to have some difficulties, but to some extent, this indicates that the value of human resources in China is gradually improving.

Long term reliance on cheap labor and labor-intensive enterprises, China's products

Exit

To all parts of the world, China's economic development has been promoted.

But this has also led to low wages, inadequate domestic demand, and a slow rise in people's living standards.

The enhancement of labor force value will inevitably stimulate China's internal demand.

market

At the same time, as migrant workers mostly come from the Midwest and remote rural areas, their wage increase will certainly play a certain role in balancing China's regional development.

Cao Jianhai, a researcher at the Institute of industrial economics of the Chinese Academy of Social Sciences, believes that the phenomenon of "labor shortage" reflects China.

Economics

The vein and trend.

Cao Jianhai: relying on the dividend of labor force and relying on the demographic dividend is not sustainable in itself. It relies on the low wage state which is forced to accept because of the large population.

With the growth of the economy, this model is not sustainable, so this industrial growth, which is maintained by low wages, is caused by an unbalanced economy, so it is not a normal, but a brief phenomenon.

Export driven economic growth is also an unbalanced growth pattern from a global perspective. China can continue to expand its trade deficit to meet domestic demand. This pattern may not last for long, and it may also be mainly for China, especially for the growth of domestic consumption.

It is the only way for a balanced economic system to stimulate economic growth with special consumption demand.