The National Development and Reform Commission pointed out in the article “Firmly Implementing the Strategy to Expand Domestic Demand” published in “Qiushi” magazine that it is speeding up the improvement of the institutional mechanism for expanding domestic demand. On the one hand, improve the institutional mechanism to promote consumption. Promote the clean-up of unreasonable restrictions on consumption, such as automobiles and housing, and establish and improve management measures adapted to new consumption formats, new models, and new scenarios. Implement paid off-peak vacations. Steadily expand the scope of free education and implement a system for providing basic public services through permanent residence registration accounts. Adapt to the needs of territorial spatial layout, changes in population structure and movement direction, industrial upgrading trends, service function optimization, etc., and optimize the layout of supporting infrastructure and public service facilities. On the other hand, the reform of the investment and financing system will be deepened. Explore and prepare full-caliber government investment plans in places with a good working foundation. Focus on solving the “heavy investment, light efficiency” problem of investment in some fields, so that investment capital can leverage greater economic and social value. Improve price formation mechanisms in transportation, energy and other fields, continue to strengthen investment project services and factor guarantees, and increase return on investment. Give full play to the role of new policy financial instruments, real estate investment trusts in the infrastructure sector, and inclusive loans, etc., and optimize mechanisms such as investment subsidies and loan interest rates to stimulate investment vitality. Deepen the reform of the investment approval system. Pay more attention to revitalizing idle and inefficient assets, and use stock revitalization to drive incremental optimization.

The National Development and Reform Commission pointed out in the article “Firmly Implementing the Strategy to Expand Domestic Demand” published in “Qiushi” magazine that it is speeding up the improvement of the institutional mechanism for expanding domestic demand. On the one hand, improve the institutional mechanism to promote consumption. Promote the clean-up of unreasonable restrictions on consumption, such as automobiles and housing, and establish and improve management measures adapted to new consumption formats, new models, and new scenarios. Implement paid off-peak vacations. Steadily expand the scope of free education and implement a system for providing basic public services through permanent residence registration accounts. Adapt to the needs of territorial spatial layout, changes in population structure and movement direction, industrial upgrading trends, service function optimization, etc., and optimize the layout of supporting infrastructure and public service facilities. On the other hand, the reform of the investment and financing system will be deepened. Explore and prepare full-caliber government investment plans in places with a good working foundation. Focus on solving the “heavy investment, light efficiency” problem of investment in some fields, so that investment capital can leverage greater economic and social value. Improve price formation mechanisms in transportation, energy and other fields, continue to strengthen investment project services and factor guarantees, and increase return on investment. Give full play to the role of new policy financial instruments, real estate investment trusts in the infrastructure sector, and inclusive loans, etc., and optimize mechanisms such as investment subsidies and loan interest rates to stimulate investment vitality. Deepen the reform of the investment approval system. Pay more attention to revitalizing idle and inefficient assets, and use stock revitalization to drive incremental optimization.