Job Recruitment Website - Recruitment portal - Why are prices in Guiyang so high, but the income level is average, at least not matching the prices?
Why are prices in Guiyang so high, but the income level is average, at least not matching the prices?
The income level of a region is determined by productivity, which is determined by capital and technology. Guiyang lacks capital-intensive industries (finance, real estate, heavy industry, heavy chemical industry, machinery manufacturing) and high technology. industries (IT, light industry, consulting, Internet, media, design, scientific research), so it is impossible to generate a general high-income group here. Due to low productivity, it is impossible to be self-sufficient. Whether it is agricultural products, aquatic products, livestock products, daily chemicals, household products, or automobiles, except for foods such as peppers and tea, almost everything you can think of needs to be transported from outside. The high logistics costs (if you have sent express delivery or have online shopping experience, you will know how much higher the logistics costs in Guizhou are compared with the Pearl River Delta and Yangtze River Delta). Coupled with the strong consumption enthusiasm of Guiyang people, prices will naturally be high. By extension, people often say that Guiyang is weird, with low income and high prices. In fact, this is generally the case in poor areas, where low income and high prices of consumer goods coexist.
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