Tag: what is 消费降级 in China

当下中国,消费降级还是升级?
当下中国,消费降级还是升级?

【消费降级 xiāo fèi jiàng jí】 指在收入或预期收入减少、经济压力增大时,主动或被动地减少非必要开支,选择更便宜、更实用的商品或服务。 Originally about spending less due to financial pressure; now also a conscious lifestyle choice to avoi

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