From June 5438 to September, the automobile retail sales increased by 0.4% year-on-year, and the growth rate turned from negative to positive. What does this mean?

Explain the growth of social consumption level.

Generally speaking, automobile sales from June to September increased by 0.4% year-on-year, indicating that China's social consumption level has improved. Because the automobile retail sales is an important indicator reflecting the social consumption level, the improvement of this indicator often means the improvement of the social consumption level. These problems can be explained in detail: the level of social consumption has improved, the economic level has developed upwards, and the industrial scale has expanded. This will be explained in detail below.

First, the increase in automobile retail sales in China shows that the level of social consumption in China has improved: it is precisely because the level of social consumption in China has improved and it is no longer satisfied with ordinary goods that the social consumption power has expanded to the automobile retail industry, so the automobile retail sales have increased year-on-year. Therefore, the improvement of social consumption level has greatly promoted the development of automobile retail, and automobile retail is manifested in the improvement of social consumption level. If the level of social consumption declines, then the social consumption capacity will first meet the needs of ordinary commodities and necessities, and the automobile retail will remain at the same level at most. It can be seen that this shows that China's social consumption level has improved.

Secondly, the growth of automobile retail sales in China shows that the economic level of China is developing upward: it is precisely because of the upward development of economic level that the demand for high-end goods such as automobiles will increase and the automobile retail sales will increase. On the other hand, if the economy is just maintaining the development level or the economy is declining, and people tend to consume low-end goods, then the growth of automobile retail sales shows that the economic level of China is developing upwards.

Thirdly, the retail sales of automobiles in China have increased, which shows that the industrial scale in China has expanded, because the growth of retail sales of automobiles also involves a problem, that is, automobile manufacturing. When the retail sales increase, the scale of the automobile industry will certainly expand. During the epidemic period, many industries and manufacturing industries in the world were destroyed. China was not only complete, but also expanded with the growth of retail sales. The situation was really gratifying.