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A professor from Renmin University stated that post-95 individuals are showing a trend towards being single, and the increase in the number of families supports basic consumer spending.

Breakings ·  Apr 26 10:03

Professor Yu Ze from Renmin University indicated that the post-95 generation is exhibiting a trend toward being single, which means that the number of families in this demographic is likely increasing. The relationship between consumption levels and the number of families is very close, "A family has to buy some daily necessities, right? This means that as the number of families increases, the support for basic consumption will become stronger." Yu Ze noted that with the tendency towards being single, the number of families in China will not decrease with the decline in the total population, which provides a foundation for stabilizing consumer spending. However, he also emphasized that the consumption scenarios for single households are completely different from those of core families, but currently, China's supply logic is based on core families, which may lead to a mismatch between supply and demand. (Rui Jian)

The translation is provided by third-party software.


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