The Impact of China's Urbanization Level on Household Consumption

In recent years, household consumption has continued to be in the depression, which has restricted the healthy and sustainable development of the economy. With the deepening of the level of economic globalization, the current trade frictions are increasing, and export difficulties are expanding. The government investment to stimulate economic growth is not sustainable. Promotion of household consumption is the only way to achieve economic transformation. An important reason for the insufficient consumer demand is the lagging urbanization. This article focuses on the impact of urbanization development on consumer demand, which analyzes the effect and level of urbanization on household consumption. Based on the international experience in the development of urbanization, we try to give reasonable and orderly policy recommendations to promote urbanization.