Since the second half of 2022, the main task of our economic development has become "stimulating domestic demand", and in order to achieve this goal, we have introduced numerous policies and measures this year.
Judging from the current situation, if nothing else, this task will still be our main theme next year. However, everyone knows how effective it actually is.
In November, the national consumer consumption index (CPI) fell by 05%, a decrease of 03 percentage points, down 05%。
Due to sluggish consumption, CPI has been growing at a low level for a long time, and even experienced the third negative growth in the year, which is incredible. Especially in the traditional peak consumption season of October and November, this situation is even more surprising.
To stimulate consumption, we are planning to artificially push prices**. In the latest terms, the expected target of the level should match the amount of money. However, whether we can achieve the desired effect is also well known. Nevertheless, we still need to continue our efforts to stimulate domestic demand and promote economic growth through various measures. At the same time, we also need to pay attention to changes in market dynamics and consumer demand, and adjust policies in a timely manner to ensure stable economic development. In fact, in response to this situation, economist Wu Xiaoqiu put forward a thought-provoking concept in his recent speech: stop stimulating domestic demand, because the people have no income at all, and their pockets are cleaner than their faces!Consumption does not need a stimulus, it is not generated through stimulus, but is based on the fact that people have money and income in their hands.
To put it bluntly, the key to promoting consumption is to have money in residents' pockets.
Everyone has money and no worries, so they can rest assured to spend money.
Even, you don't need any push.
No one is born to suffer and be thrifty.
Everybody craves it"Eat well, drink well, play well, and live well", but often not because of economic pressures.
As we get older, we need to think about more and more things, and the motivation to restrain our desires grows.
This is the current social reality.
Looking at the world, developed countries such as the United States, Europe, and Japan generally have a high proportion of consumption in GDP, but this is based on the fact that their disposable income accounts for a large proportion of national income.
In contrast, the disposable income of Chinese residents accounts for only 43% of the national income, which is almost the lowest level in the world.
One of the reasons for this is that we have long positioned ourselves as a producer, and in order to improve the overseas competitiveness of Chinese goods, we have depressed domestic wages.
However, when there is a problem in the foreign market or a reluctance to do business with us, the problem of overcapacity immediately becomes apparent.
At present, the economies of European and American countries are presenting"Exceeding expectations"Although we feel that foreign trade orders are decreasing, the actual situation may be the best. In the future, with the slowdown in economic growth in Europe and the United States, the rate of loss of foreign trade orders may further intensify.
Therefore, we must rely on the domestic market to meet these challenges. This is also the reason why China has begun to emphasize internal circulation.
However, in order to promote household consumption, it is necessary not only to significantly increase the disposable income of residents, but also to ensure that they have no worries. In developed countries, people can basically use the money they earn for consumption, because they don't have to worry too much about housing, medical care, pension and children's education, and they don't have to worry about job instability and the risk of losing their jobs in middle age. I've seen a short ** before, a random interview on the streets of Japan, and Japanese people generally don't know what anxiety is. In a high-welfare society, they really don't have any points to be anxious about. In this way, all the money earned by everyone can be used for consumption.
Now, there are no less of us.
The income of white-collar workers in first- and second-tier cities is about to catch up with the level of developed countries, but in fact, it is those small town residents who really dare to spend money and have the ability to spend in China, that is.
People in third- and fourth-tier cities do not have a high income, but the reason why this is the case is that there are two key factors that determine a person's spending power.
One is the income level, and the other is the pressure on housing, pension, medical care, and children's education.
Now, the people's desire to consume is getting lower and lower, and it seems that they have fallen into the dilemma of shrinking the more they are stimulated, and the main reason is that they avoid talking about the two key factors, and they are simply stimulated for the sake of stimulation, which will naturally occur.
Simply shouting to stimulate consumption is just an empty slogan.
If in order to stimulate consumption, the deposit rate is pushed down, and the price is **, it is even more contrary.
Consumption doesn't need to be stimulated!
If you want to let the people have money in their pockets, consumption will become a matter of course. What needs to be done is to build a canal and keep it unobstructed, not to try to fetch water when there is no one.
End of full text,If you think it's well written, then like it or "follow", thank you for reading.