Another expert said: "China should encourage people aged 22 to 60 to spend more!"!

Another expert's opinion was spurted because it was "out of line".

On June 25, at the 2024 Summer Davos Forum, Zhu Min, Vice President of China Center for International Economic Exchanges and member of the Council of the World Economic Forum, attended and made a speech. Zhu Min said, "Why do you say there is more consumption in your youth? Because there are four grandparents who give money to children, plus parents, six people who give money to one child. Therefore, China's toys are the most expensive, and China's amusement parks are the most expensive. Now the fertility rate has dropped, and there are not so many children, so this consumer group has decreased, "Zhu Min said, People aged 22 to 60 should spend more This is the group that China should encourage consumption, and the key issue is to provide these groups with the consumer goods they need.

At first glance, this seems right. Students who are still in school cannot be encouraged to spend, because they do not have the ability to make money, nor can they encourage the elderly over 60 to spend more. As people get older, they will have less desire in all aspects. In addition, they must have savings to support the elderly.

It can only be consumed by people aged 22 to 60.

But many people say that our experts really don't eat people's fireworks. If they say it, they will never be on the same channel. Consumption is not a problem. The problem is that there is no money to spend. You can earn thousands of yuan a month. How can you spend it? With the mortgage on your back, what kind of money will you spend? The burden of raising children is so heavy, what money should we spend? If you can't move, you will lose your job. What money will you spend?

Introduction:

Zhu Min, global vice president of IMF and outstanding alumnus of Fudan University; Doctor of Economics, Johns Hopkins University. From 2003 to 2009, Vice President of Bank of China; In October 2009, he served as a member of the Party Committee and Vice President of the People's Bank of China. On February 24, 2010, he also served as Special Adviser to the President of the International Monetary Fund (IMF). Mainly engaged in international finance, banking and macroeconomic research. On July 13, 2011, International Monetary Fund President Lagarde officially nominated Zhu Min as IMF Vice President; On July 26, he officially took the post of vice president of the organization (IMF), becoming the first Chinese ever to enter the top of the IMF. At the end of July 2016, Zhu Min stepped down as Vice President of the International Monetary Fund. He used to be the vice president of IMF.