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| Author: | Shi, Zuhui |
| Title: | Analysis on the influence of the change of income level on consumption growth: research through substantial evidence on the relation between income and consumption of urban and rural residents in Shanghai (original in Chinese) |
| Journal: | Study of Finance and Economics (c)
1999 : 6, p.10-16 |
| Index terms: | INCOMES CONSUMPTION CHINA |
| Language: | chn |
| Abstract: | At present, under the relatively complicated macro-and-micro economic situation, qualitative change has taken place in people's income and consumption expectation, which will bring about a major impact on the practical consumptive activity of urban and rural residents in Shanghai. Centralized and successional consumption has become history, and the consumption characterized by multi-grade and pluralization is expected to be the main feature of the development of future consumption market in following years. In this year and next year, the total consumption expenditure of urban and rural residents in Shanghai will keeps growing at a steady pace. |
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