The latest September economic data released: CPI was flat year-on-year, up 0.2% month-on-month; PPI decreased 2.5% year-on-year and 0.4% month-on-month, which is average.
The data that is a little better than the CPI PPI narrowed year-on-year decline and expanded month-on-month growth, indicating that production vitality has improved and demand has begun to increase.
In September, the new social finance was 4.12 trillion, expected to be 3.7 trillion, and the previous value was 3.12 trillion, exceeding expectations. The new RMB loans amounted to 2.31 trillion yuan, and the expected 2.5 trillion yuan, which was less than expected, and the people were still unwilling to increase leverage.
Now it is the state that wants the people to take money and leverage it out to consume and invest.
Most of the people's investment channels are nothing more than houses, shops, and the stock market.
However, now that real estate enterprises are thunderstorming, the government is strictly managed, and urbanization is also tending to be completed, it is good that the real estate does not depreciate after it is bought.
At present, the United States is constantly raising interest rates, foreign capital is constantly flowing out, and it is still shorting A-shares, coupled with the problem of its own stock market management, there is no hope in the short term.
The last one is to open stores, but since the development of Internet e-commerce, almost all the best retail, catering, beauty and other largest markets now have oligopolistic platforms, these platforms are extracting a large amount of sharing fees, such as Taobao, Jingdong, Pinduoduo took away retail profits, Meituan controlled the profits of service industries such as catering and beauty.
The profits of the merchants operating on the platform have become very thin, so that online sales and marketing expenses are now extremely high; If offline stores do not want to do business through large platforms, because users are accustomed to consuming from online entrances, consumers have become accustomed to finding food, Meituan, buying things, and finding several e-commerce, which leads to pure offline business can not be done.
Some people will say that e-commerce platforms will generate new jobs and ultimately be good for the economic market. However, these Internet platforms have experienced ten years of burning money, and now they basically want profits, for the sake of profits, for the stock price are squeezing the profits of merchants as much as possible, and in recent years, a layer of blood-sucking anchors has been added to the platform, and finally formed the current situation that offline stores are difficult to do, and online stores work for the platform.
Some time ago, Indonesia banned Tik Tok video live streaming with goods, which is the reason, a anchor can sell 100 million in one night, and directly how many shopkeepers have to die, will affect the employment of many landlords and salesmen.
Of course, it is not that the development of our Internet is wrong, after all, the Internet has brought about the great development of Chinese software, cloud computing, big data and artificial intelligence technology. It's just that the current platform is a little too blood-sucking.
In this case, the investment path of opening a store is also blocked. Coupled with Sino-US competition and the regression of the globalized market economy, all the anchors of Douyin are advising the people to take care of their pockets and not to invest indiscriminately.
So at present, the biggest problem of China's economy is still a problem of confidence, after the two carriages of foreign trade and real estate slow down, the people need to see a new growth point. In fact, it is not for nothing, with semiconductors, new energy, electric vehicles, various high-tech industries to solve the neck problem localization will produce a number of domestic high-end technology companies to lead China's manufacturing industry to upgrade to high-end, there will inevitably be a number of dividend beneficiaries of the middle class, these people then drive domestic consumption, this is the only way we must go
#Macroeconomics##专家: There is no basis for deflation in the Chinese economy##Is the economy deflation##央行: There will be no risk of deflation in the second half of the year##发改委: There is no so-called deflation in the Chinese economy##US core inflation indicators exploded again in May#