Why is the consumption power of a country with a population of 1.4 billion not as good as that of the 300 million people in the United States?
In today's world, China and the United States are the world's number one powers, both in terms of economic power and global power.
This also leads to the fact that most people usually compare these two countries, and of course, the answer varies from person to person.
As a simple example, China's population is about 1.4 billion, but according to statistics, China's total retail sales of consumer goods are only about 21.2 billion a year, and there is still a certain gap with the United States in terms of consumption power.
Therefore, some people believe that the purchasing power of our country's 1.4 billion inhabitants is not comparable to that of the United States, which has only 300 million inhabitants. Is this statement true?
Let's take a look at some of the details below:
First, to some, Americans seem to be in a slightly better position.
The reason why these people believe that the purchasing power of 1.4 billion people is not as strong as that of 300 million people is mainly related to statistics. According to statistics, China and the United States are the two largest economies in the world, especially in terms of total GDP, in fact, the gap is not large, about 70% of the United States. However, China has a population of 1.4 billion people, and if you calculate it on a per capita basis, the gap is obvious.
As we all know, the per capita GDP of the United States has been stable at about 60,000 yuan for a long time, while China's per capita GDP is only 2 billion yuan, but fortunately, this number continues to rise.
In addition, if judged by the Gini coefficient, the data provided in 2019 is that the Gini coefficient in China does not exceed 40%, while in the United States it exceeds 40%. However, when it comes to the consumption of electronic products, the United States is really not our opponent, but if it comes to total consumption, it is not a small amount.
However, let's not forget that the population of the United States is only 1 4 of our country, and if we only consider the per capita consumption capacity of electronics, there is still a gap between the two.
Therefore, judging from the data alone, there is indeed a certain gap between the purchasing power of the Chinese people and the United States, but if you start with"this aspect"See, this argument is simply untenable.
First of all, there are big differences between China and the United States in terms of consumption concepts. If you start from this level, it is not difficult to explain why the spending power of people in China and the United States is somewhat different. You know, the Chinese have liked to save money since ancient times, said"Love"It may be a little inappropriate, but this is a sense of distress that comes out of the bones.
When people receive their wages, they often don't spend all of them, but choose to save a portion for a rainy day.
Although there is a certain gap between our purchasing power and that of the United States, the United States is no match for us in terms of the number of deposits and the rate of growth.
According to statistics, in the first 10 months of last year alone, the size of Chinese residents' deposits reached 134 trillion, which is even more than a year's GDP.
You must know that in order to stimulate the economy, funds need to be circulated, especially when the economic situation is not good, the people do not like to spend money, but like to save money. Fortunately, in recent days, the state has also been trying to find ways, such as lowering deposit interest rates, issuing consumption vouchers, etc., although there are also effects, but not very obvious.
But compared to us, Americans have a completely different concept of consumption.
Most of them are profligate, understandably so"Underground workers"。In addition to meeting their daily expenses, they also engage in leisure activities such as traveling and buying luxury goods...
Some people even spend too much and are in debt. According to the American concept, as long as you have 1 yuan in your hand, your purchasing power in the market will not be less than 1$5.
That's why the United States, with a population of only 300 million, has such high purchasing power – after all, there are big differences in the perception of consumption between the two countries.
However, judging from the current economic and market situation, domestic consumption upgrading is the general trend. If everyone has a deposit in their hands, once the crisis comes, this can also buffer the transition for a period of time and wait for the economy to improve.
But the situation is very different in the United States, where Americans save little money and whenever there is an economic crisis, it tends to create devastating situations, as exemplified by the subprime mortgage crisis of 2008.
So, if we put these facts aside and just look at the numbers, we get the answer that is not correct at all. Therefore, over time, the United States will fall into the same economic cycle as Japan, and when the economy reaches a certain stage, it will inevitably enter a downward channel.
It is worth noting that the purchasing power of the country continues to grow.
Although it is true that there is a certain gap between China's purchasing power and that of the United States, this gap is not absolute, because this gap will certainly continue to widen as our economy grows.
With the gradual realization of China's industrial intelligence and modernization, people's income will continue to increase, and consumption will increase accordingly.
Of course, a series of national policies have also played a very positive role.