Residents Consumption Analysis and Countermeasures under Impact of Covid-19

Abstract

 Residents consumption analysis is important to a country to measure the indicators of national accounts. It can reflect the economic development level of the country and the residents’ current living standards.  Since the start of 2020, Covid-19 has sweep across the globe.  It has great negative impact on the both economic and consumption of China and whole world. This epidemic situation not only influences the resident’s consumption level, but also affects the consumption type and consumption patterns. Hunan province is in the middle of China and has large population base. So, this paper takes Hunan province as an example to compare the resident’s consumption ability and pattern before and after the Covid-19.  Giving suggestions for the countermeasures and future policies.