in the presentEconomyIn the context of the recession, people's demand for deposits has increased, and they hope to have some confidence in the uncertain future. Although the property market and consumption are facing some problems, people's awareness and demand for deposits still remain high. According to the latest data released by the central bank, in the first 11 months of this yearRMBDeposits increased by 256 trillion, an increase of 130 billion year-on-year, which shows people's continued demand for deposits.
However, an increase in savings does not represent an increase in personal wealth, especially for ordinary households, where the growth of savings may be constrained by a variety of factors. According to central bank data, depositors in ChinaBanksOnly 1% of those with savings of more than 500,000 yuan have reached the average level, which shows that most families are difficult to reach the average level. However, the growth of deposits is also accompanied by an increase in the debt ratio, and how to increase residents' income has become the top priority to solve the problem.
According to the data released by the central bank, as of the end of 2022, China's householdsDeposit balancewas 120 trillion yuan, and as of the end of November this year, householdsDeposit balancehas been increased to 1355 trillion yuan. This means that the people of the whole country are inBanksA huge sum of 135 trillion has been saved. Considering that the population of the country is about 141.2 billion, then the average deposit of Chinese has reached 9590,000 yuan.
However, this average does not give a true picture of the savings of individual residents, as there is an imbalance in the distribution of deposits. According to the data released by the central bank, the proportion of depositors with more than 500,000 yuan is only 1%, indicating that it is difficult for most households to reach this average level. If calculated as a family of three, the average household deposit reaches 28770,000 yuan, although close to 300,000 yuan, still failed to reach this level.
While the increase in deposits shows the need to cope with uncertainty about the future, it has also been accompanied by an increase in household and personal debt ratios. The development of the real estate market has led to the growth of residents' wealth andEconomybut also brought about a higher household debt ratio. At present, there are more and more examples of young people taking on mortgages, and more than 70% of household debts are mortgagesLiability structureRelatively single.
Therefore, in the face of the rising debt problem, how to increase residents' income has become the top priority. Although some experts advocate stimulating consumption, simply encouraging consumption will not solve the problem. To solve the problem of income growth of residents, in addition to increasing jobs andIndustrial transformationUpgrading also requires improving the income distribution mechanism, improving the treatment of workers, and improvingSocial securityand other measures to improve.
Next year'sEconomyThe main tone is to boost consumption and drive domestic demand. To achieve this goal, more jobs need to be created in the industryProfitsThe level determines the average compensation of an employee. Therefore, inIndustrial transformationAt the same time of upgrading, we should strive for more mid-to-high-end industries to obtain more industriesProfitsAt the same time, the income of employees will continue to increase.
For the issue of residents' income growth, direct payment of money is an effective way to stimulate consumption, although it is difficult to operate, but it is still worth trying. Especially for the majority of low-income groups, direct payment of money can stimulate consumption and promoteEconomyIncrease. In addition, it is necessary to adopt a sound income distribution mechanism and improve itSocial securitysystem to raise the income of residents.
In summary, the growth of savings reflects people's need to cope with the uncertainty of the future, and the increase in per capita savings does not mean the growth of personal wealth. The rise in the debt ratio is a phenomenon behind the growth of deposits, and it is necessary to consider the problem of household debt and personal debt in a comprehensive manner. The key to solving the problem of household income growth is to boost consumptionIndustrial transformationupgrading, as well as improving the income distribution mechanism and other measures to achieve this. Only by ensuring that residents have a stable income** can we ensure the sustainability of consumption andEconomyhealthy development.