Factors affecting residents’ consumption levels:
1. The impact of gross domestic product on residents’ consumption levels
Gross domestic product (GDP) reflects a The total amount of economic activity in a country or region and GDP per capita are usually used to evaluate the prosperity of a country. Usually we use GDP as a representative indicator of the level of economic development. The level of economic development of a country is closely related to the level of residents' consumption.
2. The impact of residents’ per capita income on residents’ consumption levels
According to traditional and modern consumption theories, consumption is closely related to income. Therefore, income is the most important factor affecting the consumption behavior of Chinese residents.
3. The impact of residents’ savings on residents’ consumption
Residents’ consumption and savings affect each other. When savings increase, actual consumption will decrease; when savings decrease, actual consumption will increase. .
4. The impact of inflation on residents’ consumption levels
In recent years, my country’s prices have increased significantly, which has directly affected the living standards and quality of life of residents’ families. In addition, inflation also has an impact on residents' consumption expectations. The continued rise in consumer prices has weakened the consumption desire of urban residents to a certain extent.
5. The impact of social security on my country’s residents’ consumption
The level of social security refers to the degree to which members of society in a country (region) enjoy social security within a certain period. Its main measurement indicators It is the proportion of total social security expenditures in GDP.
Resident consumption level refers to the degree to which residents meet people’s needs for survival, development and enjoyment in the process of consuming material products and services. It is reflected in the quantity and quality of material products and services consumed.
The main indicators reflecting residents’ consumption levels are:
⑴Average physical consumption indicator
The average annual consumption of consumer goods per person, the average consumption of consumer goods per person, Ownership of durable consumer goods per 100 households, per capita living area, average domestic water consumption per person, average domestic electricity consumption per person, etc.;
⑵Popularity index of modern living facilities
Tap water penetration rate, Gas penetration rate, average number of major household appliances per 100 households, telephone penetration rate, etc.;
⑶Consumption structure indicators reflecting consumption levels
The proportion of food in residents’ living consumption expenditures, The proportion of cultural life service expenditures in residents’ daily consumption expenditure, the consumption proportion of different quality consumption crystals, etc.;
⑷The value indicator of average consumption
The average consumption fund per person, the average consumption fund per person Living consumption amount, average expenditure per person on various living consumption, etc.
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