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Consumption Center with Chinese Characteristics: From Theory to Practice |
ZHOU Yong |
Institute of Quantitative Economics and Technical Economics, Chinese Academy of Social Sciences, Beijing, 100732 |
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Abstract The construction of consumption centers, especially the international consumption centers (cities) and regional consumption centers (cities), is an important measure to develop the consumption economy, boost domestic demand, build a new development pattern of domestic and international double circulation in the new era of China. The construction of consumption center is a theoretical proposition with Chinese characteristics, which has unique connotation of regional competition, regional economic transformation, regional high-quality development, and localization development. Consumption centers have been changing the map of China's economic development, including the separation of production and consumption functions in regional central cities, the differentiation of production and consumption in professional central cities, the relatively simple daily consumption function in remote central cities, and the formation of special international consumption functions in transnational central towns. The consumption center will also continue to change the map of China's economic development. For example, with the help of the consumption center, the national economy will become more regional balanced, the entire national economy will become more sectoral balanced, and some central cities in the Midwest will accelerate their development. The consumption center is a potential space for economic development in the east. The construction of the consumption center will accelerate the formation of regional economic growth poles in former revolutionary base areas, areas inhabited by minority nationalities, remote and border areas and poverty-stricken areas. The change of China's economic map caused by the construction of consumption centers will also have an impact on the world economic pattern.
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Received: 26 August 2022
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