What Are External Economies of Scale?

The external economy is also called the external economy. It refers to the income that a person or a manufacturer cannot claim due to consumption or the output of other people and manufacturers. It means that when the output of the entire industry (because of the increase in the number of enterprises) expands (factors outside the enterprise), the average production cost of each enterprise in the industry decreases, so it is sometimes referred to as the External Economy of Scale.

External economy

The external economy refers to the income that a person or a manufacturer cannot claim due to consumption or the output of other people and manufacturers. External economy refers to when the output of the entire industry (because of the increase in the number of enterprises) expands (factors outside the enterprise), the average production cost of each enterprise in the industry decreases, so it is sometimes called

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China can minimize the adverse effects of the external economy. The relevant person in charge of the National Development and Reform Commission stated in an interview that although the severe environment has brought severe challenges to China's economic development, the 30 years of reform and opening up have laid a foundation for China's economic development. Solid material foundation, people have huge

While achieving rapid economic growth, new progress has been made in transforming the development model. In the case of a marked decline in export growth,

Although China's current economic development is facing some unfavorable factors, the fundamentals of China's economic development are good, especially after 40 years of reform and opening up and rapid economic growth, China's comprehensive national strength and its ability to combat various risks have significantly increased, expanding domestic The space for demand is very broad, and there is ample room for maneuvering of macro-control policies. The Central Government has adjusted macroeconomic policies in a timely manner in accordance with changes in the domestic and foreign economic environment, and adopted a series of policies that promote stable economic growth, increase the strength of agriculture and benefit agriculture, support the development of small and medium-sized enterprises, ensure the livelihood of the people, and focus on solving issues that affect the interests of the people Measures. In the next step, relevant departments will closely track and analyze the impact of changes in the international environment, as well as new situations and problems in the operation of the domestic economy, and focus on maintaining relevant economic plans to study relevant plans.

In the face of a series of uncertainties at home and abroad, in order to maintain stable economic growth, the most important thing is to implement a series of regulatory measures already introduced by the government, continue to strengthen the policy of supporting agriculture and benefiting agriculture, and do a good job of food and agriculture. Production and acquisition of by-products stabilize the foundation for economic development. In recent years, in order to alleviate the difficulties of production and operation of enterprises, the State Council has issued a series of positive measures in supporting the development of small and medium-sized enterprises, maintaining stable growth in imports and exports, and promoting the healthy development of the real estate market. All parties concerned should pay attention to the implementation of these measures . At the same time, we must step up research to further increase investment, start domestic demand control policies, and inject new impetus into economic growth next year. As long as people regulate and control properly, China can minimize the adverse effects of the external economy and continue to maintain steady and rapid economic growth.