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Recently, a topic titled 'Why is consumption not rising?' has sparked widespread discussion online. On the surface, it appears to be weak demand, but a deeper look reveals that the real issue is not simply a 'reluctance to consume,' but a more profound structural problem.
1. The reality behind the data: Who is consuming, and who is observing?
According to incomplete statistics, the top 20% of households in our country account for about 50% of disposable income, yet their consumption tendency is significantly lower than that of middle and low-income groups. This creates a thought-provoking phenomenon: the consumption of high-income groups has reached a saturation point—they will not buy more daily necessities, home appliances, or basic services simply because their income has increased.