Cover Image

The new economic era analysis of the structure system of Chinese household consumption expenditure based on the ELES model

In recent years, the new economy has entered a phase of rapid development and upgrading China’s service consumption is driving the continuous optimization of the population’s consumption structure. To realize the rationalization of the Chinese household consumption structure, the ELES model is used...

Full description

Saved in:
Bibliographic Details
Main Authors: Fan, Chaozhi, Law, Siong Hook, Ibrahim, Saifuzzaman, Naseem, N. A. M.
Format: Article
Published: Hindawi 2022
Online Access:http://psasir.upm.edu.my/id/eprint/103645/
https://www.hindawi.com/journals/cin/2022/3278194/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.upm.eprints.103645
record_format eprints
spelling my.upm.eprints.1036452023-05-08T03:43:19Z http://psasir.upm.edu.my/id/eprint/103645/ The new economic era analysis of the structure system of Chinese household consumption expenditure based on the ELES model Fan, Chaozhi Law, Siong Hook Ibrahim, Saifuzzaman Naseem, N. A. M. In recent years, the new economy has entered a phase of rapid development and upgrading China’s service consumption is driving the continuous optimization of the population’s consumption structure. To realize the rationalization of the Chinese household consumption structure, the ELES model is used to analyze the structure system of Chinese household consumption expenditure. This article constructs the ELES model, divides the types of Chinese household consumption expenditure structure systems, establishes consumption expenditure function, analyzes the influencing factors of the consumption expenditure structure system, and obtains the analysis results from static and dynamic aspects. Based on the statistics of Chinese household consumption expenditure data in recent years, this article obtains the analysis results of the consumption expenditure structure system: the basic consumption demand and marginal consumption tendency of food are in the first place, and the consumption expenditure structure system has gradually changed into the development-type and enjoyment-type consumption mode. Through increasing the income of rural residents, guiding reasonable consumption concept, optimizing consumption environment, and so on, we can promote the proposal and implementation of the optimization of China’s household consumption expenditure structure system to improve the rationalization of China’s household consumption structure system. Hindawi 2022 Article PeerReviewed Fan, Chaozhi and Law, Siong Hook and Ibrahim, Saifuzzaman and Naseem, N. A. M. (2022) The new economic era analysis of the structure system of Chinese household consumption expenditure based on the ELES model. Computational Intelligence and Neuroscience, 2022. pp. 1-8. ISSN 1687-5265; ESSN: 1687-5273 https://www.hindawi.com/journals/cin/2022/3278194/ 10.1155/2022/3278194
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
description In recent years, the new economy has entered a phase of rapid development and upgrading China’s service consumption is driving the continuous optimization of the population’s consumption structure. To realize the rationalization of the Chinese household consumption structure, the ELES model is used to analyze the structure system of Chinese household consumption expenditure. This article constructs the ELES model, divides the types of Chinese household consumption expenditure structure systems, establishes consumption expenditure function, analyzes the influencing factors of the consumption expenditure structure system, and obtains the analysis results from static and dynamic aspects. Based on the statistics of Chinese household consumption expenditure data in recent years, this article obtains the analysis results of the consumption expenditure structure system: the basic consumption demand and marginal consumption tendency of food are in the first place, and the consumption expenditure structure system has gradually changed into the development-type and enjoyment-type consumption mode. Through increasing the income of rural residents, guiding reasonable consumption concept, optimizing consumption environment, and so on, we can promote the proposal and implementation of the optimization of China’s household consumption expenditure structure system to improve the rationalization of China’s household consumption structure system.
format Article
author Fan, Chaozhi
Law, Siong Hook
Ibrahim, Saifuzzaman
Naseem, N. A. M.
spellingShingle Fan, Chaozhi
Law, Siong Hook
Ibrahim, Saifuzzaman
Naseem, N. A. M.
The new economic era analysis of the structure system of Chinese household consumption expenditure based on the ELES model
author_facet Fan, Chaozhi
Law, Siong Hook
Ibrahim, Saifuzzaman
Naseem, N. A. M.
author_sort Fan, Chaozhi
title The new economic era analysis of the structure system of Chinese household consumption expenditure based on the ELES model
title_short The new economic era analysis of the structure system of Chinese household consumption expenditure based on the ELES model
title_full The new economic era analysis of the structure system of Chinese household consumption expenditure based on the ELES model
title_fullStr The new economic era analysis of the structure system of Chinese household consumption expenditure based on the ELES model
title_full_unstemmed The new economic era analysis of the structure system of Chinese household consumption expenditure based on the ELES model
title_sort new economic era analysis of the structure system of chinese household consumption expenditure based on the eles model
publisher Hindawi
publishDate 2022
url http://psasir.upm.edu.my/id/eprint/103645/
https://www.hindawi.com/journals/cin/2022/3278194/
_version_ 1768009478990462976
score 13.211869

Similar Items