To effectively coordinate the expansion of domestic demand with the deepening of supply-side structural reforms, it is essential to achieve a higher level of dynamic balance where demand stimulates supply and supply creates demand, thereby facilitating a virtuous cycle in the national economy. To better promote the matching of supply and demand, the cultivation and development of new qualitative productive forces should be organically integrated with the growth of new types of consumption. This can be achieved by improving mechanisms tailored to local conditions for the development of new qualitative productive forces and by perfecting long-term mechanisms for expanding consumption. By removing bottlenecks and blockages between various stages from production to consumption, a higher level of dynamic balance between supply and demand and a virtuous cycle in the national economy can be formed. This approach will drive the economy to achieve qualitative improvements and reasonable growth in quantity.

New qualitative productive forces are advanced forms of productivity that arise from revolutionary technological breakthroughs, innovative allocation of production factors, and in-depth transformation and upgrading of industries. New types of consumption refer to a range of new business formats, models, scenarios, and services in consumption that are supported by the innovation and application of new generations of technologies such as the internet, digital technology, and artificial intelligence. The development of new qualitative productive forces and the expansion of new types of consumption are interdependent and mutually reinforcing. On one hand, the efficient combination and optimal allocation of factor resources in the production field can better transform scientific and technological achievements into real productive forces, giving rise to more new industries, business formats, and models, and driving the quality and upgrading of consumption. On the other hand, as an important link in the national economic cycle, consumption, by creating new application scenarios and promoting scenario innovation, can lead to high-quality supply and act as an "accelerator" for the development of new qualitative productive forces. Achieving a positive interaction between the two is conducive to promoting an efficient cycle of investment, production, and consumption, and to enhancing the efficiency and quality of production and the expansion and upgrading of consumption.

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Coordinating the relationship between the two in service of the overall development

According to Marx's theory of social reproduction, the economic cycle includes four stages: production, distribution, exchange, and consumption. These four stages must be organically linked and coordinated to promote the smooth operation of the entire economic cycle. China's economy has entered a stage of high-quality development, which requires a balanced approach to developing new qualitative productive forces and expanding new types of consumption, as well as a coordinated expansion of domestic demand and deepening of supply-side structural reforms to achieve qualitative, efficiency, and动力方面的变革 in economic development.

The intrinsic requirement for high-quality economic development. High-quality development is the primary task in comprehensively building a modern socialist country. Both deepening supply-side structural reforms and expanding effective demand should aim for high-quality development. From the perspectives of production and consumption, developing new qualitative productive forces promotes technological and product innovation from the supply side, leading to the quality and upgrading of consumption tracks; expanding new types of consumption promotes a close connection between consumption and production from the demand side, allowing consumer behavior and preferences to be fed back to producers, driving continuous updates and iterations of production technology, processes, and equipment. Overall, new qualitative productive forces provide more products, broader choices, and better quality for consumption transformation, while consumption transformation provides a demand foundation, application space, and market momentum for the development of new qualitative productive forces. Their mutual promotion and collaborative advancement provide strong impetus and support for achieving high-quality development.

An effective way to accelerate the construction of a new development pattern. The key to constructing a new development pattern lies in the unobstructed economic cycle, which requires the optimization and combination of various production factors and the promotion of production relations adapted to the development of new qualitative productive forces. Faced with the increasing adverse effects of changes in the external environment and the insufficiency of domestic effective demand, the organic combination of developing new qualitative productive forces and expanding new types of consumption, forming a virtuous interaction and dynamic matching of "dual upgrading" of consumption and industry, is not only conducive to leveraging the advantages of a strong domestic market and building a modern industrial system, enhancing the internal momentum and reliability of the domestic cycle, but also有利于 further enhancing China's competitiveness in participating in international industrial division of labor and cooperation, and continuously improving the quality and level of the international cycle.

The practical need to meet people's new expectations for a better life. Consumption is the ultimate demand, which is both the ultimate goal and driving force of production and a direct reflection of people's needs for a better life. In the new era, the main contradiction in Chinese society has been transformed into the contradiction between the people's growing needs for a better life and unbalanced and insufficient development. People's needs for a better life are reflected in the personalized and diversified trend of consumption demands, and consumers' demands for products with characteristics such as creativity, quality, green, digital, and health are increasing. This requires social production to provide more high-end, intelligent, and green quality products and services, promoting the optimization and upgrading of industrial and demand structures, creating a richer and more solid material foundation for the people, and continuously enhancing the people's sense of gain, happiness, and security.

A profound understanding of development advantages and weaknesses

China's advantages such as its super large-scale market, complete and comprehensive industrial system, and efficient and smooth circulation system have created a good foundation and favorable conditions for the smooth circulation of supply and demand. From the perspective of market size, China has a population of more than 1.4 billion and a middle-income group of more than 400 million, with a per capita GDP exceeding 12,000 US dollars, entering the ranks of upper-middle-income countries. With the improvement of residents' income levels, the trend of consumption quality and upgrading is becoming more and more obvious, and there is a broad space and huge potential for the growth of new types of consumption demands. From the perspective of industrial support, China's industrial system is complete, and its structure continues to optimize, possessing the world's largest and most comprehensive manufacturing system, with a steadily improving level of industrial chain and supply chain collaboration, providing strong support for promoting industrial innovation, maintaining industrial security, and expanding development space. From the perspective of institutional guarantees, the construction of a unified national market is steadily advancing, and the basic systems of the market economy such as property rights protection, market access, fair competition, and social credit are continuously improving, and the reform of factor marketization is deepening. Since the 18th National Congress of the Communist Party of China, China's circulation system construction has yielded fruitful results, the national backbone circulation network is increasingly improving, new business formats and models in the circulation field continue to emerge, and the institutional environment for the circulation of goods and factors is further improved.

At the same time, it is also necessary to see that there are still some blockages and blockages in the production and consumption links and their circulation process in China. From the perspective of the demand side, the income level and consumption willingness of consumers directly affect the demand for new types of consumption products and services. The economic operation faces some difficulties, and consumer purchase behavior tends to be more cautious. From the perspective of the supply side, the supply capacity of some high-quality consumer products and services is insufficient, the proportion of brands with independent intellectual property rights in export products is relatively low, the homogenization tendency of mid-low-end products is obvious, and the development level of the service industry is still lagging behind the international leading level, and the ability of scenario innovation is insufficient. From the perspective of circulation conditions, there are institutional and mechanical obstacles in the domestic cycle, some places still have market segmentation, and the free flow of goods and factors faces hidden barriers. The circulation infrastructure is not perfect, the layout is unbalanced, and the level of informatization is not high, which hinders the leap and upgrading of industrial levels and the expansion and upgrading of consumption, and it is necessary to focus on optimizing supply and expanding effective demand to further smooth the economic cycle.Deepening Reforms to Promote a Higher Level of Dynamic Balance

On the new journey, it is essential to organically combine the development of new quality productive forces with the expansion of new types of consumption. By further comprehensively deepening reforms, we can accelerate the cultivation of advanced productive forces and increase effective consumption demand. With a sound system and complete facilities, we can support and ensure the free and orderly flow of goods and factors, achieving a two-way upgrade of consumption structure and industrial structure.

Improve the long-term mechanism for expanding consumption. Continuously optimize the mechanism for promoting a virtuous cycle in employment, income distribution, and the entire chain of consumption. Focus on boosting consumption to expand domestic demand, increase residents' income through multiple channels, enhance the consumption capacity and willingness of low and middle-income groups, establish and improve a mechanism for reasonable wage growth, and refine the compensation incentive mechanism. Adhere to the main body of distribution according to labor, coexist with various distribution methods, build a coordinated system of primary distribution, redistribution, and the third distribution, improve the multi-level social security system, optimize public services and consumption environment, strengthen consumer rights protection, so that residents have stable income to consume, no worries to dare to consume, and a good consumption environment to be willing to consume. Cultivate and expand new types of consumption such as digital, green, and healthy, accelerate the formation of new consumption growth points in fields such as smart home, cultural and entertainment tourism, and sports events, build a diversified, integrated, and experiential consumption scenario, explore new online and offline linkage models, and continuously improve the level of consumption.

Improve the system and mechanism for developing new quality productive forces. To adapt to the trend of residents' consumption upgrading, take the development of new quality productive forces as an important means, continuously improve the adaptability of the supply system to the demand structure, and better meet the diverse needs of consumers. First, strengthen the construction of independent innovation capabilities, fight the battle for the advancement of industrial foundations and the modernization of industrial chains, promote the industrial chain value chain to climb from the middle and low end to the middle and high end, and expand the production capacity and supply level of high-end products and services. Second, grasp the development trends and opportunities of new generation information technology, aim at key areas of strategic emerging industries and future industrial development, continuously launch new products and services, and use modern digital information technology to transform traditional industries through digital transformation, networked collaboration, and intelligent upgrading. Third, strengthen the construction of product technology standards and service standards for new types of consumption, accelerate the improvement of the quality management system for the entire process from production and manufacturing to marketing services, and make every effort to promote the construction of trademark brands to lead new consumption trends.

Promote the construction of a modern circulation system. Promote the efficient and unimpeded modern commercial circulation and modern logistics, improve the supply-demand adaptability of logistics services, promote the close connection between production and consumption, and better serve new industries and cultivate new momentum. According to different types of commercial circulation nodes such as foreign trade-led, consumption gathering, industrial supporting, and commodity distribution, highlight characteristics, classify planning, and reasonable layout to improve logistics efficiency and reduce circulation costs. Optimize the layout of the modern comprehensive transportation infrastructure network, accelerate the construction of hubs such as railways, highways, water transport, and aviation, make up for the shortcomings of urban and rural terminal logistics services, promote the digital transformation and intelligent upgrading of transportation infrastructure, and cultivate a number of commercial logistics backbone enterprises with brand influence and international competitiveness, promote the deep integration of logistics with production manufacturing and commercial circulation industries, and accelerate the formation of a modern logistics network that is connected inside and outside and safe and efficient.

Accelerate the construction of a unified national market. Accelerate the construction of a unified national market that is efficient, standardized, fairly competitive, and fully open to improve the resilience and flexibility of the economic system. First, improve the market access system, orderly relax the access restrictions of the service industry, and optimize the market access environment for new formats and new fields. Use policies and regulations, technical standards, testing and certification, and data systems as a starting point to promote the application of new technologies and new products in key areas of strategic emerging industries and future industries. Second, accelerate the construction of a new mechanism for coordinated, orderly competitive, green coordinated, and shared regional coordinated development, guide localities to base on their own advantages in resource endowment, industrial foundation, and scientific research conditions, and promote the orderly and orderly transfer of industries domestically and the development of manufacturing clusters. Third, promote the market-oriented reform of factors such as land, labor, capital, technology, and data, improve the efficiency of factor allocation, improve the unified and standardized human resource market system, and accelerate the cultivation of a national integrated data market to provide talent and technical support for the development of new quality productive forces and the expansion of new types of consumption.