Abstract: This paper draws upon a great amount of sample data to make a comparison between China’s current situation and that of other nations, and in particular focuses whether the consumption rate of Chinese household is sufficient for continued economic growth. The results of the analysis demonstrate that China’s household consumption is growing vigorously in terms of both real growth rates of per capita household consumption and in total retail sales of consumer goods.
Keywords: Household consumption, Weak, Paradox
Source: China Finance and Economic Review, Volume 1, Number 1, 2012
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Guo Qingwang: Chinese Household Consumption: How Much is Enough?
2013-04-12 02:44