Residents' savings have fallen off a cliff, where does the money go?The expert was reluctant to tell the truth
In recent years, China's deposit interest rate has reached a very high level, but in recent times, deposit interest rates have shown a "cliff-like" decline. This situation has aroused great attention from all walks of life, and many people have raised questions: Where have the people's funds gone?Experts in the field are also helpless on this issue.
To understand the meaning and function of household savings, it is necessary to study them in depth. Household savings are a special form of savings that are mainly created to cope with future uncertainties or unexpected events. It is widely believed that saving money is a virtue and a way to manage wealth. However, in recent years, China's deposit interest rate has shown a downward trend.
So, where did ordinary people's money go?Relevant personages believe that the reasons for this phenomenon are as follows: Due to China's economic development, the quality of life of residents has been continuously improved, and residents' consumption concepts and behavior patterns have also changed accordingly. Nowadays, people are no longer just food, clothing, housing and transportation, but invest more money in tourism, education, medical care, etc. As a result, some deposits have been shifted to the improvement of the consumption structure.
Investment diversification: With the development and progress of China's economy, the public's awareness of investment and management is also getting stronger and stronger. In order to pursue higher returns, people have invested their savings in financial tools such as ** and bonds. All this money flows from bank deposits to the capital market. Overheating of the property market: In recent years, the property market has shown signs of overheating. Some people use their savings to buy a house, hoping to have more room for appreciation. With the continuous rise of real estate**, the accumulation of this type of asset is also increasing.
New wealth management products emerge one after another: online wealth management products are represented by P2P and Yu'e Bao, which are favored by the majority of investors. Due to its high rate of return, high elasticity and other characteristics, it is possible to withdraw part of the deposit from traditional bank deposits. The social security system is not perfect: At present, the social security system is not sound enough, and some people are worried about the future and invest their savings in commercial insurance or take other preventive measures. The money comes from traditional bank deposits.
Regarding the "cliff-like" decline in deposits, the people concerned have expressed helplessness. People regard this phenomenon as a change in people's financial market, and at the same time, it is also a product of China's economic and social development to a certain extent. Although the constant saving deposit will bring us some shocks, we must realize that consumption and investment are very critical in our lives. On this basis, we should improve the social security system, strengthen financial supervision, and guide rational investment, so as to achieve the steady and healthy development of deposits.
Under the circumstance that China's household deposits have declined "off a cliff", the state and relevant parties urgently need to introduce corresponding countermeasures. By improving the social security system, people will be less worried about their future and will be more likely to save. Among them, it is necessary to improve the social insurance system, improve the medical security system, and improve the old-age insurance system. As people become more confident and secure about their future, they prefer to save their money rather than take it out for emergencies.
At the same time, it is necessary to formulate rational economic policies to expand domestic demand. For example, by reducing taxes, increasing spending, and increasing personal disposable income, household consumption and investment will be promoted. In addition, through the effective regulation and control of the development of the financial market, we can broaden the investment channels of residents, enrich their wealth management products, improve their wealth effect, and improve their investment returns. There are also things that financial institutions can do about declining savings rates. For example, it is necessary to intensify the publicity of family financial management and guide family members to make reasonable investments and manage their finances. On this basis, the financial industry can also adapt to the needs of all social strata and all aspects by innovating financial products and businesses, so as to absorb more deposits.
In a word, the "people" and "wealth" in the "Civil Code" are very complicated issues. In order to correctly understand the decline in the level of savings of Chinese residents, we should not only pay attention to its impact on China's economic development, but also formulate appropriate countermeasures at the individual level and at the national level. In the future, how to keep China's deposit level stable and maintain a balance between revenue and expenditure is a topic of great significance. So, what's the way forward?This needs to be observed and studied more often. However, in the future, changes in the interest rate on residents' savings will continue to be constrained by many factors, such as the economy, society, and policies.