Research on Consumption Upgrading of Rural Residents in Hebei Province

Abstract

China has achieved significant economic growth in the past 40 years, however, there is still great difference between urban and rural areas on social and economic development. This paper took rural area of Hebei province as an example, introduced the current situation and potential of rural consumption in Hebei Province, analyzed the factors affecting the consumption upgrading, and proposed suggestions on how to promote the consumption upgrading in rural areas of Hebei Province.