Hebei Province, The Consumption Rate Study

Consumption ratio and its change is a key aggregate index, which reflex the state of national economy. Studying the consumption ratio has many theoretical and realistic meanings. It not only can provide the theoretical foundation to change the style of economic growth, adjust economic structure, handle well the "the relation between eating and constructing", but also can offer important theoretical direction for macroeconomic regulation and control. Over the past several years, the theory circle has published many articles about the consumption ratio, but it is still rare for the consumption ratio of provinces. This article gets the result after carrying further investigation on the consumption ratio in Hebei province: the state of the low consumption ratio has to be improved urgently.This article divides into four chapters: Chapter one, the great realistic meaning |of|| studying the| consumption| (ratio. |Define| the|| conception of the consumption ratio and expound the great realistic meaning of studying consumption rate. Chapter two, since reform and opening up, the consumption ratio is seriously low in Hebei. This essay gives both a vertical and horizontal comparison of the ratio and describes the state of low consumption ratio in Hebei province. Chapter three, the analysis of why consumption ratio is low in Hebei province. The author thinks that the factor of the proportion of the gross income of residents to GDP and the factor of the average residents consumption propensity are the main factors to affect the consumption ratio. The two factors are low for a long time is the reason of the low ratio of Hebei consumption. Chapter four, the policy choices of raising the consumption ratio. The ratio still has spontaneous downward trends, so it is very imperative to raise it. Then the author analyses the possibility of raising the ratio, the goal and the principle to improve the ratio .at last, the author propose the policy of raising the consumption ratio of Hebei.