The New Economic Era Analysis of the Structure System of Chinese Household Consumption Expenditure Based on the ELES Model
Table 1
Types of household consumption expenditure structures in China.
Classification criteria
Types of consumption expenditure structures
Explain
The development level of consumption structure
Consumption structure of hunger and cold
Food consumption and clothing consumption are the focus, and the quality of food and clothing is poor; that is to say, the main part of consumption expenditure is used to meet the basic needs of life, and there are few development materials and enjoyment materials
Food and clothing consumption structure
Food and clothing consumption structure is a medium-level consumption structure. Food consumption accounts for a large proportion of household consumption. When the income increases, the proportion of food consumption expenditure is basically unchanged, and the quality of food improves with the increase in income. The proportion of clothing consumption and housing consumption in household consumption is rising, and the quality of clothing and housing is improving. Consumption expenditure such as culture and services accounts for a small proportion
Well-off consumption structure
The well-off consumption structure has reached a higher level. The proportion of food consumption in household consumption decreased significantly, the consumption expenditure of clothing and living decreased gradually, the consumption expenditure of medical and transportation increased continuously, and the consumption expenditure of culture and services increased significantly. The proportion of basic living consumption in household consumption is declining, mainly focusing on development materials and enjoyment materials
Post well-off consumption structure
The proportion of food consumption expenditure in household consumption continued to decline, while the proportion of transportation and communication, education and culture, and service consumption expenditure increased significantly