Facing Challenges,Fostering Confidence and Winning the Stable and Rapid Growth of Economy——The Analysis and Forecast of Macro-economic Trend Under the Policy of Expanding Domestic Demand

Through analyzing the positive trend of Chinese economic situation and the conditions to realize the stable and rapid growth of future economy,the authors put forward the following viewpoints:the uncertainty of Chinese economic growth is increasingly prominent and some signs of downward risks are emerging;the fundamental factors affecting Chinese economic growth in the next stage will not change their trend,which include the driving of domestic demand(urbanization and new-style industrialization),a high savings rate,the update of industrial structure,the improvement of banking system moderation,strong fiscal strength and sufficient foreign exchange reserves.In the next phase,the macro-economy will transfer from accelerating growth to stable and rapid growth.The growth of GDP will slow down but still keep a comparatively high speed.The proportion of domestic demand in the aggregate demand will further increase.Especially,the contribution of consumption to the economic growth will significantly strengthen.