How can we solve the economic development dilemma amid the global epidemic? In "News 1+1" broadcast tonight, Zhu Min, dean of the National Institute of Financial Research at Tsinghua University and former vice president of the International Monetary Fund, said frankly that it is not easy for consumption to rebound. “In addition to issuing consumer vouchers, giving cash is also a good way.” He suggested that targeted support for low-income groups and unemployed groups should be one of the focuses of stimulating consumption.
Consumption is an important item in the "troika" of economic development.
After various parts of the country resumed work and production, news of "queuing up at Internet celebrity milk tea shops" and "significant increase in orders at skewer shops" came from many areas. However, Zhu Min said that retaliatory consumption may not necessarily occur. Many places issue consumer vouchers to stimulate consumption, drive economic growth, and alleviate the impact of the epidemic on the economy.
The first batch of consumer coupons issued through the Internet in Wuhan were sold out in 45 seconds, which reflects the demand of many people for consumption. However, there is also a practical problem. Many elderly people do not know how to use mobile phones and cannot get consumer coupons. What should they do?
Zhu Min said that issuing consumer coupons is mainly to stimulate consumption of a certain product at a fixed point; for older people and low-income people, cash deposits are also a particularly good way to stimulate consumption. In the current economic environment, we must pay more attention to the general needs of low-income and unemployed people, and provide more targeted help to low-income and unemployed people.
Source Beijing Daily Client | Reporter Gao Shanshan
Editor: Gao Shanshan
Process editor: Wang Mengying
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