Research On The Development Of China's Consumption Credit

Looking back upon the changing consumption hot point from the 1980s until now, we can find out without any doubt that our economy has transited from the long-time seller's market to buyer's market.It is investigated that, we are at present on the prelude stage of a new round of commodity structural adjustment and consumption structural update. There is still a relatively broad fracture zone of consumption credit between supply and demand on our market, which comes into existence because of the current gap between productivity expansion, sustained by advanced production credit, and increment speed of purchasing power restricted by undeveloped consumption credit. It has become the "bottle-neck" of our social reproduction and commodity consumption market. Therefore, in order to stimulate consumption, pull up domestic demand, and satisfy the consumption demand from people, we are crying for the development of consumption credit. The consumption credit is the inevitable request and product at a certain level of our economic development, and on a certain stage of economic and financial restructuring.This thesis applies the economic growth theory and consumption function to make systematic analysis and demonstration on the consumption credit theories and the necessity & feasibility of our developing consumption credit, from the perspectives of macroeconomic environment and micro consumption activities. It also carries a rewarding exploration on problems and their countermeasures during the developing process of our consumption credit.