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On December 27, the 2025 China Wealth Management Forum was held in Beijing. Yang Weimin, deputy director of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC) Economic Committee, said at the meeting that distribution is a bridge between total supply and total demand. The crux of solving strong supply and weak demand is distribution, and it is necessary to form a systematic policy integrating supply, demand, and distribution with the same direction. To form a consumption-driven economic development model, it is necessary to cooperate with distribution policies. For example, policies that stimulate consumption should gradually be changed to policies that regulate income distribution. Yang Weimin suggested that policies should not only focus on expanding demand; they should not only focus on optimizing supply, but also on optimizing distribution to form a systematic policy that integrates supply, demand, and distribution and has the same direction. To form a consumption-driven economic development model, there must be a combination of distribution policies. For example, policies to stimulate consumption should gradually shift to policies that regulate income distribution, raise minimum wage standards, push enterprises to continuously raise the wage income of ordinary employees, redistribution should clearly increase the adjustment of taxes, social security, transfers, etc., and should be clearly used to increase the income of low-income groups, so that residents' disposable income grows faster than economic growth, and clearly increases the share of residents' disposable income in national income.

Zhitongcaijing·12/27/2025 09:57:00
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On December 27, the 2025 China Wealth Management Forum was held in Beijing. Yang Weimin, deputy director of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC) Economic Committee, said at the meeting that distribution is a bridge between total supply and total demand. The crux of solving strong supply and weak demand is distribution, and it is necessary to form a systematic policy integrating supply, demand, and distribution with the same direction. To form a consumption-driven economic development model, it is necessary to cooperate with distribution policies. For example, policies that stimulate consumption should gradually be changed to policies that regulate income distribution. Yang Weimin suggested that policies should not only focus on expanding demand; they should not only focus on optimizing supply, but also on optimizing distribution to form a systematic policy that integrates supply, demand, and distribution and has the same direction. To form a consumption-driven economic development model, there must be a combination of distribution policies. For example, policies to stimulate consumption should gradually shift to policies that regulate income distribution, raise minimum wage standards, push enterprises to continuously raise the wage income of ordinary employees, redistribution should clearly increase the adjustment of taxes, social security, transfers, etc., and should be clearly used to increase the income of low-income groups, so that residents' disposable income grows faster than economic growth, and clearly increases the share of residents' disposable income in national income.