Most of the so-called "professional" people say every day that China's failure to open up the "consumer market" link is the root cause of most of China's economic problems.
According to these people's ideas, China must develop the service industry like the United States, with consumption to drive the economy and consumption to support the market.
The subtext of this group of guys is: let China "deindustrialize"!
Obvious "wolf ambitions"! Have an axe to grind!
It is self-evident what motives are behind it!
After all, the billions of dollars of "activity funds" that the United States sends to China every year are not so easy to use.
As far as China itself is concerned, ignore the messy people and messy views.
Not only in China, but in any economy in the world, the consumption motivation of consumers in the consumer market is more important than the spending power!
To put it simply, a consumer has the so-called consumption conditions, but why do people spend money? That's what's even more important!
It's hard to say about other economies, after all, the situation is different. In the case of China, there must be reasons why ordinary people prefer to spend money "prudently" rather than "spend for the sake of spending".
Chinese, who have lived a hard life for many years, lack a sense of security in their bones.
First, the aspect of life and survival.
There is basically no other guarantee for daily living expenses except income.
Credit consumption in Western countries is basically "stuck" in China. The main thing is that the credit system is not perfect. will become a "dishonest" person at every turn, who dares to borrow money to spend?
In other areas of financing and financial system, China has not yet formed a scale.
Chinese basically spend as much money as they have;
Second, medical security.
If the Chinese have a serious illness, the official ** will definitely say that the state will spend most of it, and the people will have security or something.
In fact, it is that small part of medical expenditure that has bankrupted countless people and left them in debt.
The lack of real medical protection is another factor that Chinese are not willing to consume;
Third, education spending.
Although China has implemented "nine-year compulsory education", most areas are not as good as the period when "nine-year compulsory education" was not implemented.
The total expenditure is even higher!
There are some things that can't be said too much, and those who know know know it.
Fourth, pension.
This is more prominent for the elderly.
Today's China has long since lost the so-called "raising children and preventing old age" thinking a few decades ago.
Even if they have both children, most of the elderly are lonely.
If you really can't stand it, you may go to a pension institution. They often need to save a sum of money for their own retirement.
As for spending this part of the money, it is simply impossible!
That's someone's life!
In short, the motivation of Chinese consumers is more important than their spending power!
Of course, if you have money and don't spend it, that's an environmental problem.
People who really don't have money don't even have the motivation to spend!
China's economy needs to "boost consumption", first of all, it must eliminate external factors and seriously consider the actual situation in the country.
Listening to the wind is the rain, and I don't know how to die when the time comes!