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Author:Xia, Min
Title:Expanding consumption to promote growth (original in Chinese)
Journal:Coastal Economy (c)
1999 : 2, p.12-13
Index terms:CONSUMPTION
CONSUMER DEMAND
MARKET POTENTIAL
ECONOMIC GROWTH
CHINA
Language:chn
Abstract:At present, the potential of market demand especially for electrical huosehold appliances is still great. As far as cities and towns are concerned, the universalization rates of colour TV, refrigerator and washing machine are only 34.4%, 15.9% and 41.5% respectively. The housing consumption is rising comprehensively, which will also bring along the development of decoration and building materials industries. The non-commodity consumption like communications culture and tourism will become the hot points of market consumption. The potential of demand for agricultural infrastructure facilities and means of production is greater. Therefore, in the course of increasing the internal demand, the increase of investment seale should be combined with the expansion of final consumption demand. Residents' income should be increased steadily, and so on.
SCIMA record nr: 195890
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