Research on the Current Situation of Consumption Demand of Rural Residents in China

Abstract

This paper selects the income and consumption data of rural residents in China from 2008 to 2017, comparing the income and consumption of rural residents and urban residents in a horizontal comparison and vertically comparing the consumption of rural residents in the past ten years. This paper analyzes the reasons for the lack of consumption of rural residents in China from the aspects of income factors, institutional factors and social factors, and proposes corresponding policy recommendations at the same time. Keywords—rural residents’ consumption; current situation of demand; wage income