In recent years, China's economy has finally seen the dawn of recovery after going through ups and downs. However, behind this dawn are two major "cancers" - the e-commerce economy and the real estate market. These two "cancers" not only erode the health of the economy, but also serve as magnets for the wealth of the common people.
First of all, the rise of the e-commerce economy has brought a huge impact to the real economy. E-commerce giants such as Mouba and Moudong have frantically expanded their territory by virtue of their strong capital strength, forcing countless physical stores into a desperate situation. The once bustling commercial street is now full of doors. And those merchants who sell fake goods and inferior products on e-commerce platforms are emerging in an endless stream, making consumers unable to guard against it.
However, behind the prosperity of the e-commerce economy is the history of blood and tears of countless small businesses and consumers. Many small businesses are defeated in the fierce competition of e-commerce platforms, while consumers are frequently deceived due to information asymmetry. Such an e-commerce economy is actually an empty mansion built on the beach, and once the wind blows, it will be in jeopardy.
On the other hand, the real estate market is the oil press for the wealth of the people. Countless families are burdened with heavy debts in order to buy a house, and young people are overwhelmed by high housing prices. A young man once confessed in an interview: "I would rather use the money to buy a house to travel around the world than have a house kidnap my life." These words speak to the hearts of countless young people.
And the chaos in the real estate market is even more staggering. Evergrande Group's unfinished building incident is just the tip of the iceberg. Many homebuyers spend their life savings only to get a piece of paper. Such a real estate market is tantamount to a plundering of wealth, which makes people feel cold.
To sum up, the e-commerce economy and the real estate market have become the two major "cancers" of China's economic recovery. In order to improve these two "cancers", we must start from policy, law, morality and other aspects to jointly create a healthy and stable economic environment. Only in this way can we truly achieve sustainable economic development and let the people enjoy real happiness and prosperity.
Let's look forward to a better future together!
(This article only represents the personal opinion of the writer, and the content is only for readers to learn and communicate, if it is consistent with the facts, it is purely coincidental).
Disclaimer: Personal opinion, for reference only.