What signal will be released at the March15 party in 2022?

Vulnerable consumers and money-focused enterprises still have a long way to go to protect consumers.

Consumption is an important last link in the process of social reproduction. It refers to the process of using social products to meet people's various needs. Consumption is divided into production consumption and personal consumption. The former refers to the use and consumption of means of production and living labor in the process of material production. The latter refers to the behavior and process that people use the material materials and spiritual products produced to meet their personal needs, and it is "performing life functions outside the production process". It is an indispensable condition for restoring human labor and labor reproduction.

On March 5, 2022, Premier Li Keqiang made a report on government work. In 2022, the consumer price of the main target residents is expected to rise by about 3%.

In macroeconomics, it refers to the total expenditure of a person or a country on consumer goods in a certain period of time. Strictly speaking, "consumption" should only refer to those consumer goods that are completely used (shared or eaten) during this period. But in fact, consumer spending includes all the purchased goods, and many of these goods have been used for a long time, such as furniture, clothes, cars and so on.

Before 1930s, the study of consumption theory was relatively simple. The dominant orthodox theory at that time was Marshall's demand theory. The main point of this demand theory is: assuming that consumers' income is constant, the quantity of goods obtained by consumers changes in the opposite direction according to the price rise and fall. Engel's coefficient is an important factor to measure consumption level.

After 1930s, Keynes introduced consumption into the macroeconomic field and regarded consumption as one of the basic forms of national income cycle. Expenditure on purchasing consumer goods is called consumption expenditure. From the whole society, one person's expenditure is another person's income, and the total expenditure is equal to the total income. In a two-sector economy, the total social demand is equal to the sum of consumption and investment. If investment expenditure is removed from the total demand, it is consumption expenditure. On the basis of analyzing the concept of consumption, Keynes put forward the concepts of average consumption tendency and marginal consumption tendency, which added new connotations to consumption theory. Consumption is a basic variable in macroeconomics.