world go it alone in China forcing China to create their own prosperity

world go it alone in China forcing China to create their own prosperity,not the Americans,Westerners interact together over there and you do not interact ,others do not have money,you get your moving.Indeed,many people in China,but China's problem is that people have no money.China's economic prosperity over the past 10 years and 98 years of economic adjustment has a lot to .98 on the Government to do three things,the state-owned enterprise reform,to break the iron rice bowl,without reservation,to christian louboutin enhance competitiveness.The second thing is to join the WTO,the Chinese became the world's factory,the world's multinational corporations to China to develop,they get to China low-cost,China has been employed.Third,the public housing to tenants,nominally took some money.above all against the three cities,WTO is to bring the benefits of migrant workers.For most urban families,today their wealth is mainly public housing points to his wealth.you think,do not christian louboutin shoes have this wealth,how can people spend? So it is very important to the prosperity of these three policy years is very important.The three policy We give people a certain degree of wealth,let him spend the most important is that we lower costs,the process of globalization in the world to get more benefits,enhance our competitiveness.Today,competitive is useless because there is no demand,So you have needs.
Today,we need the wealth to the people to consume him.China's consumption in GDP is very low proportion of them,a lot of people say that Chinese people do not want to spend money.I think this is not entirely makes sense,China's household savings rate,according to the report of the World Bank two years ago,only 30% savings rate,and Japan 20 years ago,no major difference.the proportion christian louboutin sale of Chinese consumption in GDP has been declining,is the family income GDP ratio which declined to go along with it almost is.can not blame China,the problem of insufficient domestic demand,do not want to spend money into the problem,there is a low income,there is a problem of low wealth.Chinese family's wealth,the overall total of 25 trillion of deposits,with almost 30 trillion in real estate,adding up to 60 trillion,twice the GDP,very low.in other mature countries should be four times,so the low level of household wealth in China.