Analysis of Economic Factors on Restricting Consumption of Rural Residents in China
The restricting economic factors on Chinas consumer demand in rural areas are mainly peasants income, interest rates, income distribution, industrial structure and so on. First, income is the uppermost factor that constrains consumption. It reflects that low income of rural residents and uncertainty of sources of income, urban-rural income gap, reduction in expected income by financial crisis and so on constrain rural consumption; second, the product mix available in the rural household consumption market could not meet consumption needs of the rural residents, which depresses consumption potential in rural areas; and third, the current financial and credit environment in rural China is defective, so it is difficult to peasants to get loans either living or productive from the formal financial sectors; but low-income households cannot afford civil usury. Because of lack of a sound financial and credit environment, it is difficult to farmers to carry out large consumption; thereby it constrains the expansion of the rural consumer durables market.
Rural residents consumption economic factors income product miz
LIU Guanbing
City College of Wenzhou University,Zhejiang,P.R.China,325035
国际会议
2009 International Conference on Management Science and Engineering(2009管理科学与工程国际会议)
北京
英文
1016-1020
2009-11-01（万方平台首次上网日期，不代表论文的发表时间）