Chapter 160 Sports Meeting (7) --- Domestic Demand
Wang Yanran suddenly realized, no wonder she went to the mall before. Pen, fun, pavilion www. biquge。 infoAll products are on sale. From five to nine, the discount ranges. Some products have also launched a big discount of buy one get one free, buy more and get more free. For example, salt, because the production cost is very low, so the discount is the largest, not only buy one get one free, but also buy two get three free, buy ten get twenty free.
Anyway, the more you buy, the bigger the discount. As a result, salt in major shopping malls in Mingjing suddenly became a hot commodity. Sometimes, it reaches the point of selling out of stock. Wang Yanran ran to several supermarkets before finally grabbing a bag of salt.
In this buying spree, there are many people who are not from Mingjing City. They asked the local people to go to the supermarket to make big purchases. Then according to the original price, it will be recycled.
The Financial Secretary has also taken note of this situation of 'second-hand traffickers', but has not stopped it. Anyway, there is a lot of overstock, and I am not afraid that they will buy it out. And this kind of promotional activities will soon be fully rolled out in Daming, and when the time comes, these speculative businessmen will only want to cry without tears.
It also just made them understand that the financial secretary's loopholes are not so easy to exploit.
As a result, this acquiescence caused the procurement boom in Mingjing City to spread rapidly to neighboring provinces and cities. In provinces close to Mingjing City, such as Northern Province and Linhai Province, people flock to Mingjing City in droves to make large purchases in major shopping malls.
You must know that major shopping malls can use consumption coupons on the basis of discounts. As a result, the things bought are much cheaper than before.
However, people outside of Mingjing do not have consumption coupons, but it doesn't matter. When shopping, they can buy from the store owner where they are located. According to the denomination, the consumption voucher is divided into one cent, one dime, one yuan, and ten yuan. The price is equivalent to the denomination.
When Wang Yanran was shopping, the clerk took the initiative to sell her consumption vouchers. But at that time, she was in a hurry, so she hurriedly refused. Now listening to Sister Fuliu's explanation, I know the benefits of consumption vouchers.
For example, a piece of clothing that is eight Chinese yuan, with a discount of eight yuan, is six yuan and four Chinese yuan. Then the clothes belong to daily necessities, and if you use the consumption coupon, you can get a 7% discount, so the final price is 4 yuan and 8 points.
Such a low price temptation, basically no one can refuse. The major shopping malls in Mingjing City are full every day. After all, people in this era have never encountered such promotional methods. Some people who can't control it have also started a journey of 'chopping hands'.
If you run out of money, you can't buy enough. Individuals can apply for a loan from a bank. But there is a spending limit.
In general, personal debts cannot exceed the sum of three months' monthly salary. If there are more, you need to provide a guarantee from the factory or unit where you are located. You can also send your valuable things to the bank for mortgage.
Once there is a situation of non-payment of debts, the way to deal with it is also very simple and rude. The first is to take it to court, and then the police get a law enforcement order from the local judicial department to take coercive measures against the debtor in accordance with the law. The first step is to sell the property and settle it into cash to pay off the debt. If so, it won't be enough to pay it off. Then you can only go to the labor camp and slowly pay it back.
This is an economic violation, and if you go to labor camp, the salary will be the same as outside. But the disadvantage is that you can't choose your own position, let alone change positions. When I work, I have to be under the nose of the prison guards. If you find that you are lazy, passive and slacking off, your wages will plummet.
Unless you pay off your debts, you'll never get out of the prison gates.
It is precisely the cost of this debt that is so high that no one dares to pay it. When people are consuming, they don't dare to borrow money at will. It kind of kept them a little rational.
Many thrifty Chinese are also in this crazy promotion. With the psychology of taking advantage, buy big and buy specially.
In the Ming Dynasty, among so many ethnic groups, the Chinese are the richest. This is because most of the Chinese who immigrated to Nanyang were poor at home. So in daily life, it is very frugal. After moving to Daming, he brought this habit to Daming. And the Chinese are hardworking and capable, and they can't wait to use one minute as two minutes. When immigrants from other ethnic groups avoid working overtime, the Chinese will take the initiative to apply for overtime. Of course, this is for double pay.
Therefore, it is very necessary to open their money bags.
After all, European immigrants and Nanyang natives have no habit of saving money. Even the Australian natives, who were most seriously assimilated by the Chinese, were not infected by the Chinese habit of thrift and thrift. It's all about wine today and getting drunk today, and I haven't thought about tomorrow, let alone the future.
So in this round of promotions, their contribution is the largest. But alas, there is no money. The consumption of Chinese people is on the low side as a whole. Don't look at them and buy them, but the things they buy are cheap and affordable, and they are more particular. It's not like other ethnic groups, they buy something to eat and drink.
In fact, when this measure of domestic demand was first proposed, the majority of the cabinet clearly expressed their opposition. Because domestic demand is expressed by a formula, that is: aggregate demand = consumption + investment + government spending.
Let's talk about consumption first, the key is people. The Ming Dynasty has only been established for a few years, and the people don't have much savings. Although I am well fed and warmly dressed, there is still a long way to go before I can eat well and dress well. If it weren't for the dual force of price reduction promotions and consumption coupons, such a buying boom would not have been formed.
Besides, this consumption coupon was issued by Daming himself. The discount will be subsidized by the Financial Secretary. It is equivalent to Daming taking the money himself and letting the people consume.
It is precisely because of this that those shopping malls dare to discount like that.
As for investment, because Daming is a public-owned country. The pillar industries are all owned by the state. Even if there is a private consortium with strong financial resources, it does not occupy a major position in the national economy of the Ming Dynasty. Therefore, important investment has to rely on the Ming government.
But now Daming is still trapped in industry and can't get out. The amount of money consumed is astronomical. So I don't have the financial resources to invest at all.
Well, you can only rely on private consortia.
Daming has always held a mutually beneficial and win-win way of doing business, so it will not let private consortia make loss-making transactions. A series of favorable policies have been introduced to relax restrictions in related fields and allow large consortia to get involved. Even sell government bonds, borrow from them.
Finally, there is government spending, which is the largest. But the investment is all industry, so it does not promote business much.
It is precisely because of the lack of the necessary conditions for domestic demand that the cabinet has been stuck and has not passed. In the end, after repeated revisions by the Financial Secretary, the Cabinet fought several rounds of verbal artillery for several days in a row. Under the pressure of the economic downturn, cabinet members finally agreed to a plan to expand domestic demand.
But in this way, Da Ming can owe a lot of money.