As 2024 approaches, we can't help but make a difference about the future of the new year. Looking back on 2023, China's economy has recovered rapidly after the relaxation of epidemic control, and its GDP has reached 5A growth of 2% shows strong growth potential. However, the corresponding phenomena of revenge consumption and revenge buying have not appeared, and have been replaced by revenge deposits by ordinary people. This means that it will take some time for a full recovery. According to industry insiders, there will be six major phenomena in China in the first half of 2024, namely: the enhancement of residents' awareness of saving money, the further reduction of mortgage interest rates, the continuation of prices, the further adjustment of housing prices, the decline in marriage rate and the increase in divorce rate, and the development opportunities of the pension industry. Let's learn about these phenomena in advance and be prepared.
In 2023, middle-aged and elderly people have been the main force of deposits, however, after experiencing the epidemic, more and more young people have joined the deposit team. The data shows that in the first three quarters of 2023, residents' deposits increased by 1442 trillion yuan. People are increasingly motivated to save money, mainly in response to emergencies such as unemployment and illness. At the same time, due to the current poor investment environment, there is a greater risk in investing in high-yield products, compared to depositing money in bank fixed deposits.
Expansion: In the face of increased awareness of deposits, there should be a corresponding increase in the importance of financial planning and risk management. Deposits are not just a way to save, but they can also provide a certain amount of security for people's future. In addition, you can also increase your wealth accumulation and achieve your financial goals through wealth management products. Of course, it is necessary to have relevant knowledge and skills when choosing investment and wealth management products to avoid unnecessary risks.
In 2024, as the real estate market continues to slump, mortgage interest rates of some banks will be further reduced. Since the beginning of this year, both new and second-hand home sales have faced a serious decline. In order to encourage citizens to buy houses, various localities have lowered mortgage interest rates. At present, the domestic mortgage interest rate has been below 4%, and even dropped to 3 in some places6%。This is undoubtedly a big boon for buyers who just need to buy a home.
Expansion: The low interest rate environment provides more opportunities and conditions for homebuyers to buy a home. However, before buying a house, it is still necessary to comprehensively consider personal economic situation and future development prospects, and make reasonable planning and rational decisions. In addition, home buyers should have an in-depth understanding of the home purchase policy to obtain more discounts and subsidies, and choose the right way to buy a house to avoid the risks caused by blindly following the trend.
Prices in China will rise to a certain extent every year, especially for commodities that are closely related to people's lives. This is mainly because domestic economic growth is largely dependent on loose monetary policy, and a large amount of excess money flows to the commodity market, which drives prices**. Prices are expected to continue in 2024**. Therefore, it is advisable for people in need to buy the goods they need in time and stock some appropriately in case the price increases in the future.
Expansion: Prices have caused certain pressure on people's lives, so we should improve our consumption awareness and rational consumption concept. When buying goods, you can make ** comparisons and brand selections to get better value for money. In addition, you can also consider increasing your personal income by improving your skills and knowledge to alleviate the pressure on your life caused by prices**.
In 2023, domestic housing prices will see a "both volume and price decline", with sales of new and second-hand homes sluggish, and more and more cities will begin to adjust housing prices. In 2024, house prices are likely to continue the trend of last year, providing more opportunities for families with just need to buy homes. At present, many places have released the "price limit order", and developers can decide whether to reduce prices and how much according to the actual situation. At the same time, due to the surge in second-hand home listings, homeowners will also voluntarily reduce prices**. This will be a big trend in the future.
Expansion: In the face of housing price adjustment, home buyers should be rational and grasp the market situation and policy trends. At the same time, you can also consider buying a second-hand house, because second-hand housing** is relatively low. In addition, buyers can also choose the one that is more suitable for their needs and economic situation**, and do not blindly follow the trend and buy a house beyond their own means.
In 2023, the marriage rate has fallen to a record low, and many post-90s young people are reluctant to get married. This is mainly because young people think that the cost of marriage is too high, and they need to spend huge funds to buy a property, a car, and face various expenses such as a wedding bride price. This adds a huge financial pressure to young people, and as a result, many people choose to live a single life more freely. At the same time, the divorce rate in the country has also been rising, hitting a record high. This is mainly due to the fact that young people nowadays often get married in a hurry not long after they have known each other, and their tempers and personalities are not familiar enough with each other. As married life progresses, some people find that they are not suitable for each other and therefore choose to divorce. In 2024, the marriage rate is expected to continue to decline, while the divorce rate will continue to rise.
Extension: When it comes to marriage and divorce, young people should be more rational and thoughtful. When choosing a marriage partner, it is necessary to fully understand the personality, values and life Xi of the other party to ensure that both parties are compatible. At the same time, it is also necessary to clarify the meaning and responsibilities of marriage, and maintain good communication and understanding in getting along after marriage, so as to establish a healthy and stable marital relationship.
China has entered a moderately aging society, and by the end of 2022, the elderly population over 60 years old has reached 2800 million, and the number of elderly people is expected to exceed 300 million by 2025. This has brought great pressure to the pension distribution, and at the same time, it has also brought new opportunities to the pension industry. It is expected that in 2024, more nursing homes will be opened by ** and private capital to solve the problem of difficult pension in China. At the same time, there is a lack of a large number of caregivers in society to take care of the daily life of the elderly. Therefore, starting from next year, China's pension industry will usher in new development opportunities.
Expansion: With the advent of an aging society, the demand for the elderly care industry will continue to increase. As a result, young people can consider careers in the senior care industry, which is a promising career field. At the same time, families should also strengthen the love and care for the elderly, and can consider caring for and accompanying the elderly, so that they can live a peaceful and happy old age.
In the first half of 2024, there will be six major phenomena in my country: the enhancement of residents' awareness of saving money, the further reduction of mortgage interest rates, the continuous improvement of prices, the further adjustment of housing prices, the decline in the marriage rate and the increase in the divorce rate, and the development opportunities of the pension industry. These phenomena are closely related to the current economic and social situation, and we should respond and prepare in advance to better welcome the new year. At the same time, each individual should also pay attention to personal financial planning and risk management to ensure their own economic situation and future development.