Consumption Upgrading Research Articles

Methods and Applications of Investment Decisions in the Catering Industry

With economic globalization and consumption upgrading, investment activities in the catering industry have become more frequent and complex. This study aims to explore effective methods for investment decision-making in the catering industry and empirically analyze their application with a view to improving investment efficiency and accuracy. Through the method of financial analysis difference calculation, we comprehensively analyze the investment payback period, risk assessment and expected returns. Model analysis reveals the performance and applicability of different investment methods in actual operations. The results show that combining the unique industry characteristics of catering and adopting a customized comprehensive decision-making model can significantly improve the success rate of investment decisions. Therefore, good risk assessment and decision-making methods can bring clearer investment directions and higher economic benefits to investors in the catering industry.

Will Government Digital Focus Affect Local Economic Development

The rapid development of the digital economy has brought new momentum, new engines, and new space to social development. This article takes the government's digital attention as a perspective to study the impact of the government's digital attention on local economic development. The study found that government digital attention has a significant impact on local economic development. Mainly focusing on government digital attention can promote the construction of digital government and provide a good institutional environment and basic support for the digital economy. Secondly, the government's digital focus has also promoted the rise and development of the digital economy, promoted consumption upgrades and the upgrading of local industries.

Research on the Present Situation and Strategy of Night Tourism Resources Under the Background of Global Tourism

China's tourism industry is changing from "scenic spot tourism" to "global tourism". As an international tourism island, Hainan has long been well known. With the acceleration of the construction of Hainan Free Trade Port, Hainan tourism has developed rapidly. At present, the tourism industry of Haikou is entering a critical period of transformation and upgrading, and it is urgent to enhance the development concept, innovate the development model and seek new breakthroughs. In recent years, the academic research on tourism consumption is mainly based on the development direction of daytime tourism, but less attention is paid to nighttime tourism consumption. With the rapid development of night tourism and the gradual upgrading of tourism consumption, more and more tourists and local residents participate in night tourism activities. Based on the research of China's night economy development, this paper studies the development status of night tourism in Haikou City, Hainan Province, analyzes the bottleneck of night tourism development in Haikou city, and puts forward corresponding opinions and suggestions, in order to give full play to the promotion role of night tourism in urban tourism economy and promote the overall development of tourism in Haikou city.

The impact of high-quality development of rural logistics on consumption: energy and healthcare consumption as an example

Introduction: The creation of infrastructure in rural areas is an essential guarantee for the economic development and in improving farmers’ living standards. As a critical link between urban and rural production and consumption, rural logistics is essential to maximize the efficiency of rural infrastructure investment.Methods: Based on the panel data of 31 provinces in China from 2011–2020, the study analyzes the impact of high-quality development of rural logistics on the enhancement of residents’ consumption in terms of scale and quality, using a fixed-effects model.Results: It suggest that this development promotes the growth of rural residents’ consumption and quality, with a noticeable regional heterogeneity. The most significant effect is observed in the eastern region. Further analysis shows that inland and less developed provinces of rural e-commerce stimulate residents’ consumption upgrade with the help of high-quality development of rural logistics at a level weaker than coastal provinces and developed provinces of rural e-commerce.Discussion: Consequently, it is recommended to boost the building of logistics infrastructure in rural areas and actively cultivate diversified rural logistics operators in the western and northeastern regions. The contribution of this study is to examine the impact of rural logistics on rural residents’ consumption from the perspective of infrastructure, further validating the role of infrastructure development in promoting economic growth.

A Systematic Review of Using Internet of Things Technology to Promote the Digitization of Asset Inventory

In the modern society that comprehensively promotes digital transformation, the Internet of Things technology, as an emerging technology, plays an important role due to its unique advantages, especially in the field of asset inventory. In September 2021, eight departments including the Ministry of Industry and Information Technology issued the "Three Year Action Plan for the Construction of New Infrastructure of the Internet of Things (2021-2023)", which specifies that by the end of 2023, new infrastructure of the Internet of Things will be preliminarily built in major cities in China, and the foundation for social modernization governance, industrial digital transformation, and upgrading of people's consumption will be more stable. However, not only does the Internet of Things have its unique drawbacks, but the combination of the two also presents some new problems that require us to analyze and propose solutions. This article will first analyze the current situation of the Internet of Things and asset inventory, and then combine the advantages and disadvantages of the two to complement each other. It will point out the current problems and propose some possible solutions, and analyze a local case to provide some help for subsequent research in this direction.

Cultural Creative Product Design Methods under the Path of User Empathy

Abstract As consumption upgrades, China’s cultural and creative industry is experiencing rapid growth. However, user empathy remains lacking in some products. This paper explores a design method for these products based on empathy theory. It employs the TF-IDF algorithm to extract semantic features from product texts and uses the SVM algorithm for classification. Post-classification, the LDA theme model analyzes sentiment, integrating both visual and semantic models to enhance product design. An analysis of cultural and creative products using data analysis software reveals that approximately 79.5% of user comments exhibit positive sentiment, with an average sentiment score of 2.9218 and a peak score of 39.1363. This suggests strong positive emotional responses from nearly 80% of users. The proposed method effectively enhances user-product interaction and empathy.

The Impact of Digital Economy on Industrial Structure Upgrading under the Perspective of Political Economy

Abstract The rapid development of the new generation of digital technology and the increasing importance of the digital economy have brought new opportunities for China’s development and provided new ideas for the optimization of industrial structure as well as the improvement of industrial efficiency. In this paper, under the perspective of political economy, the evaluation index system of the comprehensive development level of the digital economy is constructed with the panel data of 30 Chinese provinces and municipalities from 2014 to 2023 as a sample, and the entropy weighting method is used to calculate the index of development. The rationalization and advanced upgrading of the industrial structure of the 30 provincial and municipal cities is studied by combining the Tel index and the added value of the tertiary/secondary industry. On this basis, the structural equation model was used to explore the role of the “digital economy” on “industrial structure upgrading”. The results of the study are as follows: the development level of China’s digital economy shows a stable growth trend from 2014 to 2023, with its average value increasing by 185.32%, and the average values of the advanced and rationalized levels of China’s industrial structure increasing and decreasing by 4.47% and 47.90%, respectively. The direct effect of the level of development on the improvement of industrial structure (i.e., Path 1) is significant, and the standardized path coefficient between the two is 0.162. The results of the study emphasize the need to comprehensively improve the level of development and to build an intermediary bridge between the digital economy and industrial structure upgrading by taking human capital, scientific and technological innovation, and consumption upgrading as important tools.

The impact of China's digital inclusive financial development gap on the optimization of rural consumption structure.

Implementing the rural revitalization strategy is crucial for ensuring and enhancing the livelihoods of the vast rural population. The upgrading of rural consumption reflects the gradual realization of rural residents' pursuit of a better life, and the rapid development of digital inclusive finance provides strong support for this. Based on the Digital Inclusive Finance Index released by Peking University and panel data from 30 provinces across the country, this study examines the role of digital inclusive finance in optimizing rural consumption structure through the mediation effect model and analyzes its spatial spillover effects using the spatial Durbin model. The research shows that narrowing the development gap in digital inclusive finance is crucial for upgrading the rural consumption structure, which helps to promote rural residents' transition to higher-level consumption. Through the analysis of the spatial Durbin model, this study finds spatial spillover effects in this process, meaning that financial development in a particular region promotes local development but inhibits development in neighboring areas. Among various dimensions, the impact of breadth of coverage is the most significant. This trend of financial development affects consumption structure by increasing agricultural productivity and rural residents' operational income, particularly highlighting its impact on operational income. However, there are significant differences between the eastern and central-western regions in optimizing rural consumption structure, with the eastern region benefiting more while the effects in the central-western region are limited and sometimes even negative. Therefore, regional characteristics should be fully considered in policy formulation to narrow the development gap in digital inclusive finance and achieve high-quality and sustainable development.

The Present Situation and Development Trend of Maternal and Infant Nursing Industry

In this paper, the status quo and development trend of maternal and child care industry were deeply studied. First, it analyzes the industry overview, market size and structure, as well as current problems, such as product quality and safety issues, service standardization and professionalism issues, and imperfect supervision. Then, it discusses the changing trend of consumer demand, the impact of technological and scientific progress on the industry, and the impact and guidance of policies and regulations. Then, the future development opportunities and challenges of the maternal and child care industry are analyzed, including the impact of China's population structure and fertility policy, consumption upgrading and international market development and cooperation opportunities. Finally, strategic suggestions are put forward to improve product quality and safety, strengthen industry norms and supervision mechanisms, promote product innovation and service upgrading, and strengthen cooperation and international exchanges. The conclusion of this study provides a useful reference for the sustainable development of maternal and child care industry.

Research on Consumption Upgrading of Rural Residents in Hebei Province

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.

Tourism Competitiveness Evaluation Model of Urban Historical and Cultural Districts Based on Multi-Source Data and the AHP Method: A Case Study in Suzhou Ancient City

Urban historical and cultural districts, serving as multi-functional compounds integrating cultural preservation, consumer experience, and economic growth, are increasingly becoming the preferred choice for in-depth tourism under the trend of historical heritage protection and consumption upgrading. Due to the complexity of the construction purpose, inherent functions, and operational management of historical districts, scientifically and rationally evaluating them poses a challenge. This paper attempts to construct an evaluation method for the tourism competitiveness of urban historical and cultural districts based on multi-source data and the Analytic Hierarchy Process (AHP) method. First, based on the model of destination competitiveness and combined with literature research and open-ended expert interviews, an evaluation framework for the tourism competitiveness of urban historical and cultural districts is established, using the AHP method to calculate the specific weights of each evaluation indicator. Then, the corresponding data sources for each indicator and the data processing and calculation methods are further clarified. To verify the effectiveness of the proposed evaluation model, this paper selects three key historical and cultural districts in Suzhou City, calculates the tourism competitiveness of each district based on the proposed model, and collects tourist satisfaction surveys from the three districts for cross-validation with the evaluation results. The experimental results show that the evaluation model is reliably effective in assessing the cultural, commercial, and tourism service aspects of historical districts, thereby providing a theoretical basis for future tourism decision-making information systems and practical applications of historical districts.

Influence of Consumption Decisions of Rural Residents in the Context of Rapid Urbanization: Evidence from Sichuan, China

Background: Promoting the transformation and upgrading of China’s rural consumer market is of strategic significance for maintaining sustainable economic development in the process of urbanization. Research objects and methods: Our objectives were to explore the influencing factors of rural residents’ consumption decision making and to provide reference for formulating relevant policies. This study adopted the questionnaire survey method and collected 300 valid questionnaires. Through statistical analysis of questionnaire data and multiple linear regression analysis, the key factors affecting rural residents’ consumption decision making were determined. Results: Education level, family income, consumption view and sociocultural factors are the main factors affecting the consumption decision of rural residents. In addition, personal cognition and attitude are also important factors affecting rural residents’ consumption decisions. In addition, social influence also has a certain positive impact on consumer decisions. Conclusion: The key factors affecting rural residents’ consumption decision making are external factors, including education level and sociocultural factors, and internal factors, namely family income and family consumption concept. At the same time, personal cognition and attitude also play an important role in consumption decisions. The purpose of this study is to provide objective suggestions for improving and expanding the rural consumption market at the policy level, so as to promote the upgrading of rural consumption in China. The influence of rural residents’ consumption decisions on local economic stability was investigated. The economic stability of farmers’ consumption can be understood by analyzing their consumption tendency and consumption pattern.

The Mechanism, Problems and Suggestions of Internet Consumer Finance to Boost Residents' Consumption under the New Pattern of Double Cycle

In the new development stage, how to effectively play the role of Internet consumer finance in promoting residents' consumption upgrading has become the key to building a new pattern of double-ring development. Through total volume, quality upgrading, structure optimization, internal linkage and other effects, Internet consumer finance promotes the upgrading of Chinese residents' consumption, dregs the domestic circulation channels, and promotes the "double cycle" benign interaction at home and abroad through internal and external linkage. At present, in the process of promoting China's consumption upgrade, Internet consumer finance still has problems such as insufficient coverage, lack of differentiation of products and services, insufficient protection of consumer rights and interests, limited risk control ability, and increasing economic uncertainty. In the future, under the premise of controllable risks, we should deepen the market sinking, focus on the trend of "new consumption", practice the principle of "industry supervision + institutional self-discipline + consumer self-protection", deepen the application of financial technology, innovate economic policies, and improve the efficiency of Internet consumer finance. Promote the efficiency of residents' consumption upgrading to promote the construction of a new pattern of "double cycle" development.

Digital economy and consumption upgrading: scale effect or structure effect?

Digital economy and consumption upgrading: scale effect or structure effect?

Digital finance’s impact on household service consumption—the perspective of heterogeneous consumers

ABSTRACT With ongoing advancements in financial technology, digital finance has experienced rapid development in China, leveraging big data, cloud computing, and social platforms. Service consumption plays a crucial role as an indicator of households’ ability to achieve consumption upgrades and overall happiness. Internet financing and payment represent two primary types of digital finance. This article aims to assess their impacts on household service consumption. Both types of digital finance have a significant potential to increase household service consumption, which is categorized into seven distinct categories in this article. Digital finance demonstrates a notable ability to enhance consumption in various categories, including daily services, transportation and communication, healthcare, education, entertainment, and tourism. However, it has no significant impact on medical consumption. Finally, the empirical results reveal that digital finance exhibits heterogeneous effects on the service consumption of households with different characteristics.

Analysis of the Impact of Online Advertising Strategy on Convenience Food Consumers' Purchasing Behavior

In recent years, with the continuous expansion of the convenience food market in China, as well as the characteristics and sales characteristics of its products and the suitability of online advertising, scholars have paid more attention to and studied how to attract consumers to purchase products through unique online advertising styles, content and delivery channels. In order to cope with consumer consumption upgrades and break through product homogenization. In this paper, the author summarizes the three characteristics of online advertising, strong interactivity, diverse forms and personalization, and classifies online advertising according to different release channels of online advertising, so as to explain the important role that online advertising can play in convenience food marketing, and analyze the most suitable types of online advertising and advertising characteristics for convenience food marketing. The author uses the literature survey method and case analysis method to analyze and evaluate the current situation of convenience food online advertising, and there are many problems in China's convenience food online advertising and marketing at this stage, such as false advertising content, plagiarism, imitation, and excessive similarity. The author draws inspiration by analyzing excellent marketing cases, gives examples, summarizes the content that should be improved in convenience food online advertising, and gives suggestions on online advertising strategies to promote convenience food sales. This includes a focus on social media, brand positioning, and a focus on sensitive issues.

Research on the Promotional Effect of Digital Finance on Consumption Upgrade

Owing to the deficiency in conventional financial services, the notably inclusive regulatory climate, and the swift advancement of information technology, China 's digital finance sector has ushered in a series of transformative shifts within the financial market, leveraging its distinctive innovative prowess. A pivotal application lies in providing consumers with comprehensive financial services. This paper, grounded in theoretical analysis, constructs an empirical econometric model. It leverages China 's macro data spanning from 2011 to 2021 to scrutinize the influence of digital financial development on the elevation of Chinese residents ' consumption standards. Moreover, it empirically probes into the impact mechanism. Empirical findings evince that digital finance has spurred the enhancement of residents ' consumption on twofronts:firstly, by fostering an augmentation in the consumption echelon of Chinese residents; secondly, by propelling the refinement of the consumption composition among Chinese residents.

Impact of aging-related consumption trend on carbon emission efficiency in China: mediation effect model based on industrial structure adjustment

With the deepening of China’s aging process, changes in the age structure of the population affect the industrial structure and consumption structure in different ways and have a knock-on effect on the whole economic system. Therefore, aging is one of the objective factors affecting future carbon emissions in China. This study analyzes the impact mechanism of aging-related consumption trend on carbon emission efficiency (CEE) based on panel data of 30 Chinese provinces from 2000 to 2019. The results show that the aging-related consumption trend is conducive to the improvement of regional CEE, and the mediation transmission mechanism of industrial structure adjustment is obvious, with a coefficient of 0.1496. The core industry closely linked to the demand for aging-related consumption is consumer services. The promotion of the consumption demand of the aging in the eastern region on the CEE and the transmission stimulation of the industrial structure adjustment are the most obvious. The mediation effect in the central and western regions is relatively weak, and the aging-related consumption demand has not formed a positive interaction with the aging industry. Therefore, improving the market construction of products and services for the aging is beneficial to achieve a virtuous cycle of aging-related consumption upgrading and carbon emission efficiency. This research can provide insights for China to promote industrial structure transformation within the aging trend and also help China meet its carbon neutrality target on schedule.

Body image construction and mental health levels among college students: a data survey of Chinese university students.

With the rapid changes in body image construction brought about by the upgrading of consumption in China, trend-seeking college students are faced with mental health problems brought about by the pursuit of the "ideal body type," which cannot be ignored. This study aims to explore the relationship between body image construction and mental health among college students. This study utilized data from the Survey on Physical Activity and Mental Health of College Students. A total of 1,192 students were randomly selected as the survey sample, and 1,044 valid samples were obtained. The mean age of the respondents was 19.34 years. First, we categorized body image constructs into three categories based on the differences between subjective and objective body image: high acceptance, low acceptance, and consistency. Second, to ensure analytical rigor and minimize potential confounders, we used a generalized propensity score weighting model. Finally, we used a causal mediation framework to investigate the potential causal mechanisms between the independent variable (perceived body image bias) and the dependent variable (mental health) in order to better understand the "net effect." (1) There is a significant correlation between college students' body image perceptual bias and mental health, i.e., the higher the individual's acceptance of his/her own body image, the higher the level of mental health, and vice versa. (2) Students in humanities and social sciences are more likely to have increased psychological burden due to poor negative body image. (3) In the mediation analysis, although the causal mediating effect of physical exercise was not significant, family and peer support in physical exercise played an important mediating role, especially the influence of peers was more significant. The construction of body image is a double-edged sword that can either promote positive individual development or lead to self-depreciation. Creating a positive climate for physical activity has a positive impact on college students' mental health compared to participation in physical activity behaviors. While improving students' media literacy on college campuses, it is important to enhance adaptive guidance to promote their physical and mental health and personal development.

Research on Fiscal and Tax Policies of Tourism \\Ecosystem to Promote Rural Revitalization

The "Strategic Plan for Rural Revitalization (2018-2022)" issued by the Central Committee of the Communist Party of China and the State Council proposes to build an ecologically livable and beautiful countryside. The Fifth Plenary Session of the 19th CPC Central Committee proposed to give priority to the development of rural agriculture and comprehensively promote rural revitalization. A sound rural tourism ecosystem is of great significance for optimizing the structure of rural tourism, driving the development of other rural industries, increasing farmers' income, and revitalizing the countryside. The establishment of a rural tourism ecosystem will address the contradiction of uneven and insufficient development in rural areas, while promoting high-quality development of rural tourism, achieving consumption upgrading, and promoting internal circulation. Establish a comprehensive fiscal and tax policy, and accelerate the construction of the rural tourism ecosystem with the policy support of financial policy, tax policy, and investment and financing policy.