Research on Henan Consumption Boosting Strategies under the New Pattern of"Double Circulation"
Domestic and foreign scholars have conducted extensive research on consumption issues,combined with traditional consumption theories,and formed a lot of modern consumption theories.In particular,research on the lack of consumer demand today,today's"double circulation"will be another great opportunity for our country,and consumption will inevitably be greatly affected under the background of"double circulation"."We will accelerate the building of a new development pattern featuring a major domestic cycle with both domestic and international cycles reinforcing each other,comprehensively promoting consumption,and expanding the space for investment."This is a major choice made because China's economic development is facing a new stage and a new environment.Based on the current situation and characteristics of residents'consumption in Henan Province,this paper analyzes the limiting factors affecting residents'consumption in Henan Province:low disposable income,low propensity to consume,and proposals are put forward to increase personal income,carry out supply-side reform,and adhere to the principle of not speculating on housing.We will strengthen the driving force of consumption for the economy and achieve high-quality and sustainable economic development.
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