Analysis on the Causes of High Savings of China’s Households

DOI

10.2991/978-94-6463-098-5_119How to use a DOI?

Keywords

Household Saving; Income; Investment; Population Aging; Medical System

Abstract

The rapid growth of China's household saving deposit has caused the government and the great concern of society. High savings is not conducive to the economic development of China. Therefore, research on the growth of China's resident savings to solve a series of problems brought by high savings is very necessary. This paper adopts the method of combining qualitative analysis with quantitative analysis. Through the comparison with American household savings rate in 2011-2020, it can be seen that Chinese household saving for a higher level, and GDP growth is related to its height, the correlation coefficient is close to 1. In addition to the social factors of population aging, the health care system, housing system, education system also cannot be ignored, the uncertainty of future income will also affect our country’s household savings rate.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Shutong Ji
PY  - 2022
DA  - 2022/12/27
TI  - Analysis on the Causes of High Savings of China’s Households
BT  - Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
PB  - Atlantis Press
SP  - 1046
EP  - 1058
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-098-5_119
DO  - 10.2991/978-94-6463-098-5_119
ID  - Ji2022
ER  -