- Language: English
- 67 Pages
- Published: October 2011
- Region: China
Consumption Patterns in Zhejiang 2009 - Urban vs. Rural
- Published: February 2011
- Region: Global
- 22 Pages
- NewsTrak International Company Limited
In China’s eastern coastal province of Zhejiang, there is an overall difference in consumption between urban and rural residents - displayed in the ability to consume and the types of goods and serviced consumed.
The wide income gap between urban and rural residents who also have different consumption concepts are some reasons behind the difference. The different stages of commercial and urban development, or the consumption environment, between urban and rural areas also affect consumption. China’s social security and household registration (Hukou) policies, yet to be improved, also have a role in swaying consumption.
The government has tried various ways to narrow the gap so to keep domestic consumption vibrant in both urban and rural areas. In the immediate term, it has launched various subsidized purchasing or consumption-boosting programs for rural residents. Some of these programs provide farmers with expanded sources of income, and they earn more.
Infrastructure construction to build more roads to rural areas, to supply electricity and water to villages, and to bring telecom technology, including the Internet, to rural areas are on-going work to improve the consumption environment.
In the medium term, the government will reform social security and household registration. It aims to let more rural residents and migrant workers enjoy the same public social services as urban residents. With better social treatment, it encourages rural residents to spend as actively as city folks do. " SHOW LESS READ MORE >
2. CONSUMPTION DIFFERENCE BETWEEN URBAN AND RURAL RESIDENTS
2.1. Difference in Ability to Consume
2.2 Difference in Goods and Services Consumed
3. REASONS BEHIND THE DIFFERENCES
3.1 Huge Income Gap
3.2 Difference in Consumption Concept
3.3 Difference in Consumption Environment
3.4 Inadequate Social Security
4. WAYS TO NARROW THE URBAN-RURAL CONSUMPTION GAP
4.1 Stimulate Consumption
4.2 Invest in Infrastructure
4.3 Improve Social Security to Cover People's End 4.4 Speed up Urbanization
APPENDIX I: Summary of Zhejiang’s Consumption Pattern 2007-2009
APPENDIX II: Zhejiang Overview
APPENDIX III: Gross Regional Product 2009