Is the lack of consumption by China s wealthy hindering China s economic development?

Updated on Financial 2024-04-18
15 answers
  1. Anonymous users2024-02-08

    Saying that the Chinese do not consume is nonsense. Why don't rich people spend? I spend extravagantly every day, and I can't use it anymore, so I can only save it.

  2. Anonymous users2024-02-07

    Rich people don't save money.

    Because the currency is depreciating.

    The rich consume imported goods.

    There is no increase in effective demand in our country.

    So indirect=qin gov's behavior.

  3. Anonymous users2024-02-06

    The rich have kept up with the times very much, and the rich do not love to save money, but to invest and spend. Rich people know how to enjoy life very well. However, the consumption of the rich does not do much to expand domestic demand.

    The things that the rich buy are all famous brands, all luxury goods, and basically all foreign goods, which have no impact on the national economy. The rich are not like ordinary people, who need to put money in the bank to cover large expenses such as illness, education, and mortgages. The rich don't need to think about these issues, the rich think about how to make money make money, so they will invest if they have money.

  4. Anonymous users2024-02-05

    Are you a rich person who is brainless and doesn't know how to consume? China is almost the largest luxury market. Childish enough.

  5. Anonymous users2024-02-04

    Even if you fill your head with water, you should inject something clean.

  6. Anonymous users2024-02-03

    The rich are spending every second, but every moment is also making money.

  7. Anonymous users2024-02-02

    The rich are in the minority after all, you know what I mean?

  8. Anonymous users2024-02-01

    Summary. Yes, Chinese consumption foreign economies are affected. As Chinese consume foreign economies, China's ** surplus and foreign exchange reserves increase, which will lead to the depreciation of the domestic currency, thereby affecting the development of the domestic economy.

    In addition, Chinese consumption of foreign economies will also lead to imbalances in the domestic economy, because the development of the domestic economy is influenced by the external economy, not the development of the domestic economy. To solve this problem, it is first necessary to strengthen the development of the domestic economy and improve the competitiveness of the domestic economy so as to better resist the influence of the external economy. Second, it is necessary to strengthen the management of the domestic currency to ensure the stability of the currency and avoid currency depreciation.

    In addition, it is also necessary to strengthen the regulation and control of the domestic economy to ensure the balanced development of the domestic economy. Finally, it is necessary to strengthen international management to ensure international fairness and avoid the domestic economy being affected by the external economy.

    Yes, Chinese consumption foreign economies are affected. As Chinese consume foreign economies, China's surplus and foreign exchange reserves increase, which will lead to the depreciation of the domestic currency, thereby affecting the development of the domestic economy. In addition, Chinese consumption of foreign economies will also lead to imbalances in the domestic economy, because the development of the domestic economy is influenced by the external economy, not the development of the domestic economy.

    To solve this problem, it is first necessary to strengthen the development of the domestic economy and enhance the competitiveness of the domestic economy so that it can better resist the influence of the external economy. Second, it is necessary to strengthen the management of the domestic currency to ensure the stability of the currency and avoid currency depreciation. In addition, it is also necessary to strengthen the regulation and control of the domestic economy to ensure the balanced development of the domestic economy.

    Finally, it is necessary to strengthen international management to ensure international fairness and avoid the domestic economy being affected by the external economy.

    Fellow, I really didn't understand, I can be more specific.

    Yes, Chinese consumption foreign economies are affected. Due to the consumption of foreign economies by Chinese, China's ** surplus and foreign exchange reserves continue to increase, which has had a positive impact on the development of China's economy. However, Chinese consumption of foreign economies will also have some negative effects.

    First of all, Chinese's consumption of foreign economies will lead to the depreciation of national fortunes and domestic currencies, which will affect the development of the domestic economy. Second, the consumption of foreign economies by the Chinese people in China will lead to the loss of domestic resources, which will affect the development of the domestic economy. In addition, Chinese's consumption of foreign economies will also lead to the loss of domestic investment, thus affecting the development of the domestic economy.

    In short, Chinese consumption foreign economies are affected, and this impact can be positive or negative. Therefore, the middle socks country** should take effective measures to control Chinese consumption of foreign economies to promote the development of the domestic economy. At the same time, China should also strengthen the supervision of the domestic economy to ensure the healthy development of the domestic economy.

  9. Anonymous users2024-01-31

    There must be, but different countries have different impacts, such as countries where tourism accounts for a considerable proportion of their economies, such as Thailand, China's tourism consumption is less, the impact on Thailand's economy is greater, because the Chinese population base is large, the proportion of tourists is also large, in addition, to China exports agricultural products, fruits and other countries, China's consumption declines, its exports will be affected, in addition, cars, luxury goods, etc., if China does not consume, exporting countries are also affected. In short, the Chinese population base is large, the middle class population reaches 400 million, this 400 million is the main force of consumption, whether consumption increases or decreases, of course, has an impact on the countries with close trade ties with China.

  10. Anonymous users2024-01-30

    1. Savings culture: Chinese have a long culture of saving and traditionally believe that saving is an important way of life. This culture and concept of saving has been deeply rooted in the hearts of the people, making Chinese pay great attention to saving and saving, rather than spending money on consumption.

    2. Future uncertainty: Chinese generally believe that the future is uncertain, so they are more willing to save to prepare for the future. This perception comes from China's history and culture, as well as social and political instability.

    3. What is the level of income instability: China's economic system is constantly reforming and changing, which has led to the income instability of many people. As a result, many people prefer to save rather than spend, in order to prevent financial difficulties that may arise in the future.

  11. Anonymous users2024-01-29

    The reason can be found from this book: "Why Chinese Are Industrious and Not Rich" is a book published by CITIC Press on October 1, 2008, and the author is Chen Zhiwu.

    The book points out that China has the world's largest and relatively cheap labor force, and this labor advantage can compensate for and hedge the negative impact of high institutional costs on China's economy in the early stage of economic growth. How can everyone feel "rich" from the increased human capital?

    Then we must help the people "cash" their human capital and further "optimize" their future income streams through financial system innovation.

  12. Anonymous users2024-01-28

    The key to making consumption more efficient is to get wealth flowing in the hands of more people. In ancient times, when material resources were relatively scarce, such as the Tang Dynasty, the implementation of the strategy of "hiding wealth for the people" was conducive to social stability and development; Now, it is not that the overall wealth of society cannot support everyone, but that certain "rules of the game" lead to an imbalance in the distribution of wealth and income, and it is more appropriate to implement the strategy of "distributing wealth to the people" at some time. The existing financial rules of "money makes money" pull the wealth in the "real economy" into the "virtual economy" and there is no measure to limit the maximum amount of benefits of the virtual economy, and the technological advantages and policy monopoly will widen the gap between a few advantageous enterprises and most of the general enterprises, and between a few advantageous industries and most of the general industries, and the current land wealth system will imprison a large amount of wealth in real estate; As a result, wealth is becoming more and more concentrated in the hands of a small number of rich people with superior capital, the mobility of social wealth is getting worse and worse, the gap between the rich and the poor is getting wider and wider, the "domestic demand" is becoming more and more "virtual", and the currency pair is depreciating more and more!

    This trend does not change, even if the central mother through the issuance of more currency (even if the wealth in the hands of the rich is dissolved through the incremental depreciation of the currency, but don't forget, most low- and middle-income people can not bear the consequences of this currency depreciation, and the rich have other means to deal with the depreciation caused by the increase in currency), eventually the money will still flow to the hands of the few dominant people who hold a large amount of capital, and flow back to the virtual economy. Therefore, the deeper reason lies in the imbalance of financial operation mechanism, real estate management operation mode, and income distribution! The "scattered" in "scattering wealth to the people" is to prevent wealth from being excessively concentrated in the hands of a few people or a few industries.

  13. Anonymous users2024-01-27

    The Chinese are not rich yet. We don't have much money, but it's in the pockets of a few. Chinese people are not rich in the first place, and they also have to take care of pension, medical treatment, and children's schooling.

    People with a slightly better economic situation are actually very entangled, and the money they earn is pressed in the bank, on the house, and in the **, which looks like a lot, but it can't be turned, it's all dead money. A few rich people have a lot of money in their hands, piled up, but how do they spend it? Buy a few houses in various places, but it can only be a few sets, to buy LV, Cartier, Swarovski, no matter how luxurious, it can't cost a few dollars.

    As a result, China's wealthy began to develop overseas, buying houses, land, and businesses.

    When well-educated young people spend a lifetime to buy a small house, when a family's children go to school to empty their family savings, when investing money in ** is equivalent to donating to **, when a farmer's hard work for a year is not as good as the cost of a large meal, can we expect the people not to save money, not to save money frantically, not to worry about the elderly? Can you expect those tens of trillions of deposits in banks to translate into huge demand?

    What is China doing? Housing reform, medical reform, enterprise reform, education reform, stock reform, China's reform is moving towards the first place? Why do you continue to frantically plunder the small amount of social wealth of the general public in exchange for inflated development?

    China's peasants have not yet become rich, and they have already vomited their blood for the education of their children; Before the birth of China's middle class, a huge amount of "big and small" created by the share reform has been plundered. Now, where do we look for domestic demand? What can be done other than export, let the whole world feed us.

  14. Anonymous users2024-01-26

    The lack of domestic demand is related to the serious imbalance in income distribution, and the income level of the majority of the population is far from keeping pace with GDP growth.

    In addition, the restraining effect of policies, such as the adjustment of local real estate policies, has not only compressed speculative demand, but also suppressed real demand; The imbalance in the structure of domestic demand may also lead to inaccurate judgment of aggregate domestic demand, such as the consumption of real estate "housing".

    PS: Many scholars still follow the dogmatic caliber of the West in their statistics on domestic demand.

  15. Anonymous users2024-01-25

    Domestic demand has nothing to do with ordinary people, you just watch it lively, it doesn't matter where you live, who made your life bad and reincarnated in China.

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