Should developing countries encourage consumption in advance?

For: China Youth University for Politics should encourage consumption in advance, against: University of Electronic Science and Technology of China should not encourage consumption in advance to win. Zhang Zequn: In the past, there was an idiom that fully belittled those who didn't think about tomorrow, only planned today, or said that they wouldn't live. However, spending money seems to be a very fashionable economic behavior and consumption pattern. For example, we can borrow money to buy a house, borrow money to buy a car, even borrow money to travel, and even use a credit card to overdraw, which may be the so-called ahead consumption. So does economic development encourage this kind of advanced behavior? This is the topic we are going to debate today. According to the lottery results before the competition, China Youth University for Politics stated that "economic development should encourage early consumption", while the other side of University of Electronic Science and Technology of China stated that "economic development should not encourage early consumption". Ok, first of all, let's welcome Jason to speak at 2'30. Please welcome. A debate in China Youth University for Politics: Thank you, Madam President, and hello everyone. Life needs consumption, but have you ever thought that consumption is closely related to economic development? Economics tells us that consumption is the starting point and destination of economic activities, the driving force to maintain the sustainable development of the national economy and the promoting factor of economic development. It goes without saying that I believe the other debater will not deny it. So the focus of our debate today is whether we should encourage early consumption. Advanced consumption is a specific consumption behavior, that is, spending tomorrow's income ahead of today's income capacity. In layman's terms, it means spending tomorrow's money to realize today's dream. In real economic life, advanced consumption is manifested as modern consumption. Judging from the current economic background and consumption market in China, we will find that there is a fault in the consumption structure. On the one hand, the commodity consumption required for daily life is mature, on the other hand, the consumption of high-end commodities is not fully mature, and there are ways to cause a serious shortage of commodity demand in the buyer's market, so we encourage it. Encouraging consumption in advance is not the only way to solve this problem, but it will undoubtedly help solve the contradiction. By leading consumption, we can drive new consumption hotspots, expand the market, activate effective demand, make the consumption structure more reasonable, and then promote the growth of production and maintain a virtuous circle of production and consumption. Let's take housing as an example. The average cost of an ordinary house is about 654.38 million yuan, and it takes a middle-income family about 8 years to save enough money. Buying a house in modern times will realize everyone's housing dream as soon as possible, and will also promote the development of the housing industry, which in turn will drive the development of more than 50 related industries such as construction, decoration and service industry. Why shouldn't we encourage advanced consumption to have such a great impetus to economic development? In fact, encouragement is not empty talk in theory, but practical action. We can see that the government adopts this policy to create a good consumption environment and encourage consumers' confidence. Banks use their own policies to start many loan businesses, such as personal housing, car consumption, home decoration, holiday travel, education and student assistance. Will these not promote the healthy and orderly development of advanced consumption? Breaking a penny in half is our mother's unchanging housekeeping proposition, but the times are developing, and tomorrow's money is not impossible to spend, as long as you have confidence in your own tomorrow. To sum up, we believe that economic development should encourage consumption in advance. Thank you. Zhang Zequn: OK, thank you, Jason. Let's welcome the opposing side to debate. Jiang Jie also spoke at 2' 30'. University of Electronic Science and Technology of China: Thank you, Mr. Chairman. Hello. Another debater told us that spending money in advance today means spending money tomorrow, and attempting to spend money in advance is against common sense in economics. Secondly, modern consumption does not mean consumption in advance, let alone encouraging consumption. Otherwise, why don't banks lend to whoever they don't want to and how much they want to lend? The reason why these strict regulations are put forward is to position the consumption system in a reasonable range. So what is ahead of consumption? The concept of advanced consumption was first put forward by Ross. How to prevent the consumption of developing countries from developing ahead in industrial competition and consumption atmosphere of developed countries. We believe that the essence of advanced consumption is to surpass the consumption level determined by the stage of economic development. The measure is that the growth of consumption exceeds the growth of economy and income. For example, in China, the pursuit of American consumption level at this stage is to exceed consumption. First, encouraging consumption in advance violates economic laws. The investment process is the source of economic growth, while moderately encouraging consumption is the guarantee of social reproduction. Early or lagging consumption will hinder economic development. In Latin American countries, it is precisely because of the independence of consumption that leading consumption is encouraged. It leads to a large increase in consumption, insufficient investment and unbalanced economic structure, and overdraft of future income leads to economic turmoil. It can be seen that healthy economic development requires reasonable consumption and should not encourage advanced consumption. Second, encouraging consumption to stimulate production in advance is not only a shortage of total output, but also a structural imbalance. Encouraging consumption in advance will only aggravate this imbalance, which is like catching a wolf in order to increase the number of sheep. Will the number of sheep increase? Third, encouraging consumption in advance is even less in line with China's national conditions. China is now a developing country in the primary stage, but tens of millions of laid-off workers are struggling in the cracks, and tens of millions of poor people are living in sweat. Encouraging ahead consumption is blind consumption and extravagant consumption, which will encourage group consumption, create a wind of enjoyment, become a hotbed of corruption and corrode our basic policy of hard struggle. It will even endanger the development of economic laws and regulations and cover up social stability. It should be noted that group consumption is paid by production, and it is rapidly improved by its consumption intensity. This is really a penny for the government, and the people are sweating. If sweat is compared to money, it is easy to sweat when spending money. It can be seen that rational consumption should be encouraged in economic development, and advanced consumption should not be encouraged. Thank you. 3◤ Debate 21◥→→→→ Should we encourage consumption in advance to debate? This debate has found a new topic. Moderator: Hello, teachers and students. Today, the semi-final will be held immediately, and China Renmin University will play the Central University of Finance and Economics. Hello, teachers and students. Today, the semi-final will be held immediately, and China Renmin University will play the Central University of Finance and Economics. A positive view of economic development should encourage advanced consumption. On the contrary, economic development should not encourage early consumption. 4◤ Debate 21◥→→→→ Should economic development encourage consumption in advance? Debate: The topic of today's discussion is whether the economic development should encourage consumption in advance. First of all, what is ahead of consumption? Consumption growth rate exceeds GDP growth rate, and personal consumption exceeds its income growth rate. Is to spend tomorrow's money to round today's dreams. Our view is that economic development should encourage consumption in advance. At present, because one of the characteristics of China's economic development is that the demand conclusion is unreasonable, the demand for investment growth is much faster than that for consumption growth. Investment growth will stimulate economic growth in the short term, but it is unsustainable without consumption. We should expand domestic demand, stimulate consumption and improve purchasing power. Premier Wen proposed to develop consumer credit in this year's government work report, which has formed a good consumption expectation. Take the individual house purchase concerned by the society as an example. Hundreds of thousands or even hundreds of thousands of house purchases are often the lifelong goals of ordinary working-class people. Buying a house with a loan and spending in advance not only fulfilled everyone's housing dream. Of course, advocating advanced consumption is by no means an empty slogan. It is necessary to standardize and improve the relevant legal system, establish a personal credit system as soon as possible, improve the guarantee mechanism, and standardize personal loan methods. From a longer-term perspective, the development of advanced consumption will have a far-reaching impact on the establishment and improvement of the social credit system. In the process of continuous development, consumer credit and personal credit evaluation provide a large number of data records, which are not easily replaced by other behavior records. The times are developing, and the concept should be updated. If you have confidence in the future, if you want to contribute to economic development, take bold action and use tomorrow's money to realize today's dream. 5◤ Argument 21◥→→→→ Should economic development encourage consumption in advance? Argument: Economic development should not encourage consumption in advance. Economic development refers to the sustainable development of the economy, and whether it should be encouraged is our policy orientation. The so-called advanced consumption is a consumption mode that exceeds social production capacity, residents' income level, resource supply capacity and environmental affordability. Therefore, the question under discussion today is whether we can achieve sustainable economic development by guiding consumption. First, at the economic level, investment is the source of economic growth, and early consumption is encouraged. The increase of consumer goods is bound to be accompanied by the decrease of savings rate. Consumer inflation and weak consumer demand will make production stagnate for a long time. Second, due to the excessive pursuit of economy and money, it is easy to commit crimes such as corruption, which endangers the environment of sustained and rapid economic development. Third, on the natural level, the essence of advanced consumption is a kind of consumption that spans the current productive forces and virtually consumes the limited resources of the next generation in advance. In addition, the environment is getting worse and worse, which destroys the harmony between man and nature. Fourth, the current shortage of effective demand is mainly due to the excessive income gap between urban and rural areas, the slow growth of residents' income and the unstable expected income. It is unrealistic to achieve sustainable economic development by encouraging consumption. The role of natural consumption in advance is limited, but it is very harmful and should not be encouraged. Now, let's clarify two issues about convenience. First, consumption in advance is not equal to credit consumption. They are different in essence, but they overlap in extension. The fundamental reason lies in whether credit consumption exceeds the stage of economic development and the productive capacity of society. Secondly, expanding domestic demand and encouraging consumption does not mean encouraging advanced consumption, which is aimed at lagging consumption in China. We believe that we should adopt reasonable consumption to promote the virtuous circle of social production and meet the requirements of environmental protection and social development, so that our economy can develop continuously and our country can prosper. America's financial resources rank first in the world. For decades, world consumption has not only failed to save money, but also been heavily in debt. If China is encouraged to spend more money, how many years will China's money cost 654.38+300 million people in China? 6◤ Debate 21◥→→→→→ The argument that economic development should encourage consumption in advance? First of all, we believe that in economic activities, people's consumption tendency tends to be conservative, everyone's psychology is uncertain about the future, and individuals tend to save some money to cope with future risks. It is said that there are unexpected events in the sky, and people are doomed. In fact, the speed of people's concept renewal often lags behind the speed of economic development, and it is extremely difficult to fundamentally change their inherent views. However, in economic activities, people will respond to the stimulus, so public policies can often make people change their behavior, which is why the China government lowered the personal savings rate of banks seven times and encouraged individuals to buy houses and cars. In other words, it is precisely because of the deep-rooted concept that it is difficult to change, so we should encourage consumption, even ahead of consumption, in order to expand effective demand and gradually achieve balanced economic development. Encouraging consumption in advance can make the economic structure of social population more reasonable. In reality, people who spend in advance are often people with certain economic strength and higher education, that is, people with higher expected income. Their early consumption not only improved their lives, but also stimulated enterprises to expand reproduction and hire workers. It has further expanded the scale of middle-income people in society and further promoted the economic development of the whole society. Of course, we don't deny that at present, China has the ability to consume in advance, and only a few people have this demand. Nowadays, young people account for a heavier proportion of people who spend in advance. Third, just now another debater told us that spending in advance will make people enjoy it. We have different views on this. Consumption in advance will effectively stimulate personal development. Each of us has some great potential, and consumption in advance is a good mechanism for us to stimulate this potential. Paying back the loan every month can be pressure or motivation, so that we can give full play to our potential. 7◤ Debate 21◥→→→→ Should economic development encourage consumption in advance? Debate on the other side: As another debater said, economic development should encourage credit consumption, but what we encourage is rational credit consumption and sustainable consumption, not so-called advanced consumption. Consumption in advance is not equal to credit consumption. I want to emphasize again that what we are discussing today is not only the behavior of microeconomics, but also the way of social and economic operation. Economic development is not just the pursuit of economic growth figures, but long-term stable, sustained and rapid development. Economic development must follow the principle of sustainable development, develop the present age and give consideration to future generations. A considerable part of today's consumption is the accumulation of ancestors. Third, the economic evaluation is one-sided. Advanced consumption will lead to over-exploitation of resources and destruction of the environment, which not only violates the humanistic spirit of harmonious development between man and nature, but also violates the law of social and economic development. At present, 17% of the land in the world is being degraded, and the energy crisis is becoming more and more serious. When mankind enters an era of unprecedented prosperity, it has to face unprecedented pressure of survival. Consumption in advance is an irrational behavior, which is not conducive to the sustainable development of the economy. Scientific Outlook on Development believes that the sustainable development model is the correct way to achieve long-term, stable and healthy economic development. Therefore, we insist that economic development should not encourage consumption in advance.