China's economy has a small share of household spending

Are you asking about the reasons for the small percentage of household spending in the Chinese economy? The reasons are as follows:

1. Consciousness of saving: Chinese families generally have a high awareness of saving and tend to save and invest a portion of their income for emergencies or major future expenses.

2. Consumerism: Traditional Chinese consumerism focuses on practical needs and thrift, with families emphasizing the satisfaction of basic needs and less on the pursuit of luxuries or excessive consumption.