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Will consumption be downgraded after the epidemic?
I have seen a lot of such information on the internet recently. During the epidemic, there was no income at home, and there were mortgages, credit cards and flower beds to pay back. Many people said that they were under great pressure, and some even overdue.

So everyone said that after the epidemic, there was no money to spend, and consumption had to be downgraded. Many people even say that our economy is going backwards. Is that really the case?

The official WeChat account "Smart Valley Trend" published an article about whether consumption will be downgraded after the epidemic.

Mainly because the epidemic will usher in the next consumption era in China, consumption will be downgraded, not upgraded.

In other words, people's consumption concept is no longer blindly pursuing big brands and luxury goods, but will instead pursue basic models with moderate prices and high cost performance that can meet demand.

People will no longer get satisfaction from excessive consumption, and they will no longer need to show their personality and status through commodities.

The concept of minimalist life has become popular, and many people will start to "break up".

People will pay more attention to the necessities with high cost performance, and at the same time, they will greatly reduce the expenditure on non-necessities

Consumers will pursue "downgrade" of price and "upgrade" of quality in consumption.

Do you think consumption will be downgraded after the opinions are issued? Welcome to express your opinion in the comments section.