Analysis Of The Two Major Worries Of Chinese Public Consumption

While people are carrying on a wealth of material consumption, unemployment, social security and other problems seem to be increasingly painful.

In addition, imbalance and injustice are also bruising the enthusiasm of more and more people and affecting social harmony.

China is a big consumer country. The total annual consumption has exceeded 10 trillion yuan. China is also a small consumer country. Its per capita consumption is less than 10000 yuan, and there are hundreds of millions of people whose daily consumption is below US $1.

From the general qualitative point of view, the level of consumption in China has changed from the stage of unresolved food and clothing before the reform and opening up to the current stage of comprehensive consumption promotion, especially in mental consumption, especially for leisure time and tourism expenditure.

It can be said that the vast majority of people in China have basically ended the stage of survival consumption and entered a new stage of developmental consumption.

Of course, there are still some people who have not yet fully settled their food and clothing problems.

From a quantitative point of view, the Chinese consumer basically takes 100 yuan as the main consumer. Watches, bicycles, sewing machines, fans and other durable goods are the main representatives. Nowadays, the main goals of consumers, such as cars, housing and traveling abroad, have been increased to tens of thousands of yuan to hundreds of thousands of Yuan products.

Of course, China's consumption gap is still quite obvious.

Especially the gap between urban and rural areas is large.

At present, the level of consumption in rural areas basically stays in the middle and late 90s of the last century in the city, and it is 10 years or so behind the urban population.

As for the consumption gap between townspeople is relatively small, especially in the region, the gap between the city and the people is not large. Compared with the urban people in the western and central regions, the difference between the urban residents in the eastern region and the central region is about 5 years.

China's consumption changes reflect the changes of China's economy and reflect the benefits brought by economic development to the people.

It should be said that since the beginning of reform and opening up, the rate of increase in China's consumption has been unprecedented in quantity and quality. The Engel coefficient has dropped from about 50% to 40%, of which the urban population has dropped to below 35%, and the rural population has dropped to about 45%.

This shows that the overall consumption of Chinese has reached the level of the international middle and lower income stage. People have undergone fundamental changes in all aspects of food, clothing and housing. This is a very remarkable change.

Practice tells us that consumption is becoming an important engine for China's economic growth.

If so, it will be a blessing to the country's sustainable development.

The problem now is that when people enjoy more and more rich material wealth, their sense of insecurity is associated with them. The market economy risk is becoming a major factor in people's increasingly uneasy state of mind.

Unemployment, social security problems, personal safety problems and health problems seem to be getting more and more painful.

At the same time, the contrast between material enjoyment and spiritual emptiness seems to be widening. People are looking forward to more spiritual comfort and expectation of peace in the era of material desires.

The government's satisfaction with these expectations does not seem to catch up with the demands of the people, and spiritual deficiencies or imperfection gradually increase.

In addition, the problem of unbalanced development seems to have not yet been reversed, and the gap is widening, and various injustices are still emerging.

These imbalances and injustice are bruising the enthusiasm of more and more people and affecting social harmony.

From a macro point of view, in recent years, although consumption growth is accelerating, investment growth is faster, the gap between the two continues to widen, and the proportion is even more unreasonable, which has become a prominent problem in the macro-economy.

We need further efforts to improve consumption.

To solve these problems in the field of consumption, we can not do without the guidance of government policies. We can not do without the support of economic development, we can not do without the improvement of the consumption environment and system, and we can not do without the sustained and rapid growth of people's income.

Yang Jing: editor in charge