After July, if nothing else, there will be three major trends in China. Be prepared in advance

Mondo Education Updated on 2024-01-31

This year is a critical period for the domestic economic recovery, and due to the impact of the epidemic and other factors, some economic phenomena have also emerged. These phenomena may have a certain impact on the lives of ordinary people, so it is necessary to prepare in advance to deal with possible risks. Let's take a look at three major economic trends that are likely to emerge after July.

With the intensification of aging in China and the increase in the retired population, the income level of some people will increase significantly. In particular, some retired elderly people engaged in public institutions often have higher pensions than some in-service civil servants, which is also the result of their years of labor.

However, on the other hand, due to the rising unemployment rate, many people cannot find suitable jobs or can only work in low-paying jobs, resulting in their relatively low income levels. This has led to a widening of income disparities between some groups of people and increased social inequality.

This year is another big explosion of college graduates, with both the number and growth rate of graduates hitting a new high in recent years. When these graduates enter the society, they have to compete not only with their peers, but also with others in the market, which undoubtedly increases the difficulty for them to find a job.

In addition, due to the uncertainty of the economic situation, many companies are also reducing the scale of recruitment or raising the standard of hiring, which also makes it difficult for many people to find satisfactory jobs. Therefore, the contradiction between supply and demand for jobs will be more prominent, and it will be more difficult to find a job.

Real estate has always been an important pillar of the domestic economy and an important asset for the people. However, recent house price trends have shown some changes. Taking Jinan as an example, since May last year, new houses have been **, but since November, the proportion has declined significantly, until January this year, it has been three consecutive months**.

What's even more surprising is that the decline in second-hand housing is more obvious, as of January this year, Jinan's second-hand housing has been 17 months in a row, which is also a microcosm of the country. These data suggest that the real estate market is undergoing a transformation, with prices likely to fall further and houses more difficult to sell, especially second-hand homes.

In the face of these possible economic trends, how should ordinary people respond?We believe that the most important thing is to save money. Saving money can increase our wealth and also enhance our resilience to risks. If we are unemployed, or our income has declined, and we have a certain amount of savings, we can better cope with the difficulties of life.

In addition, we also do not recommend buying a house at this time, as house prices may fluctuate more, and buying a house is not necessarily a rational investment. Instead, we can save our money, wait and see how the market changes, and wait for better opportunities.

Of course, we are not saying that everyone should not consume, after all, consumption is an important driving force of the economy, if everyone does not consume, the market will shrink, and the economy will stagnate. We just hope that everyone can consume reasonably, not blindly, and not over-consume.

We call on everyone to save money, not because we are not optimistic about the economic situation, nor because we don't want people to spend money, but because we believe that after the epidemic, the domestic economy is in a critical stage of recovery, and many industries and industries are also undergoing transformation and reform, which will bring some uncertainty and risks.

If people can save more money, they can better cope with these uncertainties and risks, and they can enjoy life better.

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