Professor from Renmin University: After the 1995's generation, there is a trend towards being single, and the increase in the number of families supports basic consumption.
Professor Yu Ze from Renmin University said that the post-95s group is showing a trend towards being single, which means that the number of families in the post-95s group may be increasing. The relationship between consumption and the number of families is very close, "a family has to buy daily necessities, right? This means that the more families there are, the stronger the support for basic consumption will be." Yu Ze said that with the trend of being single, the number of households in China will not decrease with the decline in the total population, which provides a foundation for stable consumption. However, he also emphasized that the consumption scenarios of single households are completely different from those of core families, but currently, China's supply is based on the logic of core families, which may lead to a mismatch between supply and demand.
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