Open AccessThe Impact of China’s Urbanization Level on Household Consumption
Author(s) -
Li Lin,
Yanlong Zhu
Publication year - 2021
Publication title -
revista de cercetare şi intervenţie socială
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.129
H-Index - 15
eISSN - 1584-5397
pISSN - 1583-3410
DOI - 10.33788/rcis.72.23
Subject(s) - urbanization , consumption (sociology) , lagging , economics , china , consumer spending , promotion (chess) , government (linguistics) , investment (military) , sustainable development , economic growth , development economics , natural resource economics , recession , macroeconomics , geography , political science , medicine , social science , linguistics , philosophy , archaeology , pathology , sociology , politics , law
In recent years, household consumption has continued to be in the depression, which has restricted the healthy and sustainable development of the economy. With the deepening of the level of economic globalization, the current trade frictions are increasing, and export difficulties are expanding. The government investment to stimulate economic growth is not sustainable. Promotion of household consumption is the only way to achieve economic transformation. An important reason for the insufficient consumer demand is the lagging urbanization. This article focuses on the impact of urbanization development on consumer demand, which analyzes the effect and level of urbanization on household consumption. Based on the international experience in the development of urbanization, we try to give reasonable and orderly policy recommendations to promote urbanization.