Cao: The phenomenon of labor shortage reflects the trend of China's economy

According to the Chinese voice of the "news in the vertical and horizontal" report, recruitment difficulties did make some enterprises have a certain degree of difficulty, but this in a way to show that the value of our human resources is gradually increased. Long-term reliance on low-cost labor and labor-intensive enterprises, China's production of products exported to all over the world, led to China's economic development.　　But this also causes our country worker wages to be low, the domestic demand is serious insufficient, the people's living standard raises slowly. The increase of the value of labor force will certainly pull the domestic demand market, at the same time, because most of the migrant workers from the Midwest and remote rural areas, their wages will certainly play a role in balancing China's regional development.　　Cao, a researcher at the Institute of Industrial Economics of the Chinese Academy of Social Sciences, said that the phenomenon of "labor shortage" reflects the context and trend of China's economy. Cao: Depending on the dividend of the labor force, relying on the demographic dividend is unsustainable in itself, relying on a low wage state that is forced to accept because of its large population.　　As the economy grows, this model is unsustainable, so the growth of an industry, sustained by low wages, is itself a result of an unbalanced economy, so it is not a norm, it can only be a temporary phenomenon. Export-led economic growth is also an unbalanced growth pattern globally. The pattern of China's growing trade deficit to meet domestic demand may not last, and it may also be a major domestic target for China, boosting the economy with domestic demand growth, especially in residential consumption, as a healthy, The normal economic system must go a way, must take a road. It is the only way for a balanced economic system to stimulate economic growth with the special consumption demand of domestic demand.