Bill Gates said: "But what about the proportion of urban and rural people in China?"

Zhang Wei looked at him, "I know what you want to say, I just want to know how many urban and rural people China has, but all this is really not important, because what you need is a data, a data on China's real per capita consumption expenditure, and the proportion of urban and rural population you said, I only need a data to mark out, and you won't ask." Pen Fun Pavilion wWw. ｂiquge。 ｉｎfo”

Bill Gates insisted, "Then why don't you show us the ratio of urban and rural population?

Zhang Wei did not answer this question, but asked rhetorically: "Which of you knows the term Engel?"

Bill Gates was stunned.

Many capitalists nodded slightly.

Perhaps many people don't know this, Warren Buffett explained: "Engel's coefficient is the proportion of total food expenditure to total personal consumption expenditure, the lower a household's income, the greater the proportion of household income or total expenditure on food, as household income increases, the proportion of household income or total expenditure spent on food will decrease." By extension, the poorer a country is, the greater the proportion of food spent on food per citizen's average income or average expenditure, and this proportion tends to decline as the country becomes richer. ”

When everyone heard this, they all suddenly realized.

"Yes, that's right. Zhang Wei said with a smile: "Engel's coefficient of more than 59% is poor, 50-59% is food and clothing, 40-50% is well-off, 30-40% is rich, and less than 30% For the richest, you may be a little puzzled by my rash proposal of this term, and many people have not had an in-depth understanding of Engel's coefficient, hehe, but I want to tell you here now that the reason why I just said that the proportion of people in China's urban and rural areas is not important is because I will directly mark it with Engel's coefficient, so that you can know how much the household income and living standard of Chinese residents have improved!

"And what is the Engel coefficient of China?" said Bill Gates curiously.

Many capitalists and US imperialist politicians are also curious.

Zhang Wei's expression was with a hint of ridicule, "You may think that the Engel coefficient of China is very high, because in your impression, China's economy is not developed, even if the country's total economic output reached the seventh place in the world last year, it is also the contribution of 1.2 billion people, right?" He added a series of data to it, this time it is the Engel coefficient just mentioned, all of which are marked in the middle of the per capita consumption expenditure in urban areas and the per capita consumption expenditure in rural areas, which is the most intuitive evidence of the economic development of a country's residents.

Everyone looked up.

Zhang Wei pointed to the projection and said: "In 1978, the Chinese Engel coefficient was 57.5%, that is, in the middle of food and clothing, even in 1990, the Engel coefficient was only 54.2%, it can be said that in the past ten years, per capita income and per capita consumption expenditure have been rising, but the Engel coefficient has not decreased much, and the vast majority of consumption is in food, but if you look at it from 1992, it was 53% at that time, and it dropped to 50.3% in 1993 In 1996 it had dropped to 48.8 percent, the first time it had fallen below 50 percent, and in '97 it was 46.6 percent, and in '98 it was only 44.7 percent!

Warren Buffett said, "What do you want to say?"

Zhang Wei asked rhetorically: "In just six years, I have talked about the Engel coefficient of 10 percentage points, what do you say I want to explain? It shows that the quality of life of Chinese residents is improving, and more consumption expenditure does not need to be spent on food, that is to say, people's level of material consumption is rising, do you not realize that from 1992 to 1998, China's demand for imported products has increased a lot?"

"Uh, this ......" Buffett was a little speechless.

Bill Gates raised the bar and said: "Then you still haven't told me how much the proportion of urban residents in China is, Engel's coefficient can reflect the improvement of a national consumption level, but it can't let us know how many people are the largest consumers in China!"

Zhang Wei looked at him and said, "Do you really want to know?" Then I have to post a set of data out, I didn't want to be so troublesome, I think the Engel coefficient has been able to explain a national economic consumption level, since you want to know so much, then I will change a set of data for you to see. "In 1978, the proportion of China's urban population was only 17.92 percent, but by 1998, the urban population had reached 33.35 percent In the past 20 years, urbanization has almost doubled, and you all know very well that a country will generally urbanize more and more, and China is this trend, and I keep saying that according to the average trend of China's urbanization on this data, you don't have to wait until 2015, as long as China's urbanization will exceed 50% by 2013!"

Another bomb!

Explode directly in the diplomatic reception hall!

By 2013, China's urbanized population will reach more than 50 percent of the total population, and according to today's calculations, there will be more than 600 million people in urban areas.

How much you say this is not shocking!

Now the capitalists are frying the pot again, and they are all looking at each other!

Verlenstead, chairman of the U.S. Imperial International Group, quibbled: "Even if the data you listed are true, how much will the Chinese spend on consumption other than food in the next ten years?"

Zhang Weile said: "Okay, then even if you calculate it according to the per capita income and per capita consumption expenditure of the Chinese people last year, the per capita income of the Chinese people last year was less than 6,000 yuan, and I will calculate it according to 6,000 yuan, the urban consumption expenditure is 4,331 yuan, the rural consumption level is 1,590 yuan, and the urban consumption only accounts for 33.35 percent Population, the total economic volume of the 1.2 billion population is 7.2 trillion yuan, the total consumption of the urban population is 1,733.2 trillion yuan, the total rural consumption is 1,270.6 billion yuan, the total consumption of the whole country is 3,004.8 billion yuan, and the consumption level is almost 41.7 percent of the total income, while the Engel coefficient is 44.7 percent, that is, more than 1.6 trillion yuan is spent on food! In the future, the Engel coefficient will be further reduced, and the per capita income will increase dramatically, so how much will the per capita income of 50,000 RMB I just cited in 2015 be spent on consumption other than food?"

More than twenty trillion?

Verrensted's face turned red and white, and finally he shut up.

"Moreover, I have not just marked the future downward trend of Engel's coefficient. Zhang Wei changed back to the previous information, adding a lot of data to it, "According to this trend calculation, of course, I still say that sentence, may not be able to be more accurate, but the difference will not be too far, you can see that the data I calculated above is that in 2015, the Chinese Engel coefficient will reach 30.6% close to the level of developed countries, and at that time, the level of urbanization has already exceeded 50%, and the per capita income has reached more than 50,000 yuan!"

The crowd exclaimed.

"Close to the level of developed countries?"

"Do the math, it's really 30.6%!"

"Is this the future business potential of China?"

"Oh my God, the per capita income is 50,000 RMB, but the consumer expenditure has reached more than 28,000 RMB?"

Buffett and others were also shocked, if calculated in this way, each person will spend at least nearly 20,000 RMB on food, which is ...... What a staggering number!

Zhang Wei kept smiling, although he didn't say it just now, but in fact he had accurate figures, and he couldn't be clearer about the future consumption level and per capita income of China, because he had been engaged in this profession in his previous life, so he had a very deep memory of these data, so it can be said that when it comes to the future, no one in the whole world can talk about him.

He said: "Now you are clear, right? China now has a population of 1.2 billion, the economy is growing with each passing day, accompanied by greater and greater demand, and after being in line with the world, the total economic and trade volume is also undergoing earth-shaking changes, the reason why I say so much is to tell you that China's import and export trade is far beyond your imagination, and everything mentioned above is to prove the authenticity of the set of data I posted next, because China does have this trade demand!"

Zhang Wei put on another set of data, "Let's take a look, this is also China's total trade data from 1978 to last year." ”

The details are as follows:

Total imports and exports in 1978: 35.5 billion ...... Total imports and exports in 1980: 57 billion ...... Total imports and exports in 1985: 206.67 billion ...... Total import and export volume in 1990: 556.01 billion ...... Total imports and exports in 1993: 1,127.1 billion ...... Total import and export volume in 1994: 2,038,190,000,000 ...... Total import and export volume in 1998: 2,684.97 billion.

Zhang Wei looked at the people below, "Twenty years ago, China's total import and export trade was only 35.5 billion, but twenty years later, that is, last year, it has reached a terrifying 2.68 trillion yuan, and the growth rate from 1990 to 1998 is particularly terrifying, why? Because what I just said, the national economic income is high, the consumption level is high, and many material enjoyments are not only food!"

"This ......"

"Really!"

"What does this mean?"

"yes, what does that mean?"

Several capitalists couldn't help but ask.

Even the speaker couldn't help but say, "You just go on." ”

Zhang Wei smiled slightly, "For such a growth rate, if we calculate according to the proportion of national income growth and the proportion of national consumption expenditure, it will not take long for China's import and export trade to exceed three trillion, four trillion or even, maybe seven or eight years later, the import and export trade will reach more than ten trillion, and then by 2015 it can reach the 3.6 trillion US dollars I said at the beginning!"

"Really?"

"I can't believe my ears!"

The capitalists on the scene were in an uproar!

Even if Director Li and some comrades of the Ministry of Foreign Trade have a profound understanding of China's economic development, they were shocked when they heard this estimate! Zhang Wei's calculation at the moment, combined with the series of data just listed, seems to be really not impossible!

The president and the leader both laughed, and the two stopped pretending to talk to the people next to them!

At the scene, whether it was Aunt Lin and others from the Ministry of Foreign Trade, or Bao Ge and others who were not dealing with Zhang Wei, they finally looked up!