The Proposal of the Central Committee of the Communist Party of China on Formulating the Fifteenth Five Year Plan for National Economic and Social Development puts forward: "Promote the formation of more economic development models led by domestic demand, consumption driven, and endogenous growth." This is a major deployment related to the overall strategy of Chinese path to modernization, and is of great significance to improving the effectiveness of macroeconomic governance and promoting high-quality economic development. In recent years, China has continued to implement the strategy of expanding domestic demand, and the role of domestic demand as the main engine of economic growth has been continuously consolidated. The dual circulation pattern between domestic and international markets has accelerated, laying a solid foundation for high-quality economic development in the next five years. At the same time, the international environment and domestic conditions have undergone profound and complex changes, and the economic operation is also facing some challenges. It is urgent to promote the formation of more economic development models led by domestic demand, driven by consumption, and endogenous growth. One is the inherent requirement for promoting high-quality development. The dynamic balance between total supply and total demand is a fundamental requirement for stable and healthy economic development, and an important goal of macroeconomic regulation. At present, the characteristic of "strong supply and weak demand" in China's economic operation is quite obvious, among which the insufficient domestic effective demand, especially consumer demand, is a prominent weakness that needs to be effectively addressed. Firmly implementing the strategy of expanding domestic demand and enhancing endogenous growth momentum is conducive to fully stimulating the potential of domestic demand and promoting supply-demand balance; It is also conducive to guiding the optimization of resource allocation, leveraging the leading role of technological innovation, and promoting the transformation of economic growth from factor driven to innovation driven. The second is the only way to meet the people's needs for a better life. Insufficient consumer demand is a prominent bottleneck that currently restricts the domestic circulation, and it is also an important potential for expanding domestic demand and improving people's quality of life and standards. Highlighting consumption as a driving force and enhancing residents' consumption capacity is conducive to leveraging the role of demand in driving supply, improving people's livelihoods and well-being, and better meeting people's aspirations for a better life. The third is a powerful lever to cope with external shocks. In the future, external demand will face more uncertainty and instability. Building a strong domestic market and enhancing the leading role of domestic demand can reduce the negative impact of external shocks on China's economy, enhance development resilience and risk resistance, and firmly grasp the strategic initiative of development. During the 15th Five Year Plan period, it is necessary to coordinate the overall situation of domestic and international development, development and security, and focus on promoting the formation of more economic development models led by domestic demand, driven by consumption, and endogenous growth, continuously enhancing development momentum and social vitality. The following work needs to be done well. Firstly, improve the investment and financing system and mechanism, and focus on expanding effective investment. Deepen the reform of the investment approval system, further clarify the direction and focus of central and local investment. Optimize the government investment structure, promote the implementation of major national strategies and the construction of security capacity projects in key areas with high quality. Give full play to the guiding and driving role of government funds, and leverage social capital to participate in major projects such as new infrastructure and new urbanization, as well as in the construction of areas to address weaknesses. Improve the long-term mechanism for private enterprises to participate in major projects, stimulate the vitality of private investment, increase the proportion of private investment, and enhance the effective investment growth momentum led by the market. Efforts will be made to promote investment growth in service sectors such as education, healthcare, elderly care, and childcare. Break down market access barriers, maintain fair competition order, stabilize enterprise expectations, and enhance investment confidence. Secondly, we must adhere to the close integration of benefiting people's livelihoods and promoting consumption, and better leverage the role of consumption as a driving force. Accelerate the improvement of the policy environment for "being able to consume", "daring to consume", and "willing to consume", and improve the long-term mechanism for expanding consumption. Promote high-quality and full employment, improve the income distribution system, implement the plan to increase income for urban and rural residents, and enhance residents' consumption ability. Steadily promote the equalization of basic public services, improve the education, childcare, elderly care, housing, and medical security systems, and eliminate consumer concerns. Deeply implement the special action to boost consumption, expand the supply of high-quality consumer goods and services, cultivate new growth points for service consumption, promote the expansion and upgrading of commodity consumption, and expand inbound consumption. Improve the system and mechanism for promoting consumption, strengthen the protection of consumer rights, and create a favorable consumption environment. Thirdly, accelerate the enhancement of innovation capabilities and stimulate endogenous growth momentum to a greater extent. Strengthen original innovation and key core technology research and development. Promote the deep integration of technological innovation and industrial innovation. Coordinate the construction of national strategic scientific and technological forces, and strengthen systematic research and development capabilities. Strengthen the sourcing function of the International Science and Technology Innovation Center and create an open innovation ecosystem with global competitiveness. We will focus on building an independent, controllable, safe, and efficient industrial and supply chain, optimizing and enhancing traditional industries, and cultivating and strengthening emerging and future industries. Integrating the development of educational technology talents and stimulating innovation and creativity to a greater extent. Deepen the construction of Digital China, promote innovation and healthy development of platform economy. At the same time, we should better leverage the driving force of economic system reform, improve the basic system of market economy, enhance the consistency of macroeconomic policy orientation, improve the expected management mechanism, and enhance the efficiency of macroeconomic governance. Further expand the space for two-way investment cooperation, promote innovative development of trade, expand high-level opening up to the outside world, and promote the improvement of the quality and level of domestic circulation. (New Society)