In 2023, residents' deposits will be substantial**, which has attracted market attention. According to central bank data, by the end of 2023, the scale of residents' deposits has reached 1379 trillion yuan, an increase of 167 trillion yuan, an increase of 145%。This growth rate far exceeded the growth rate of nominal GDP and personal disposable income in the same period, indicating that residents have increased their willingness to save and have higher requirements for the safety of funds.
For this phenomenon, market analysts believe that this is mainly due to the following reasons: first, the uncertainty of the global economic situation has increased, and residents are cautious about the future economic prospects, and choose to deposit funds in banks to ensure the safety of funds; Second, with the development of digitalization and networking, bank savings have become more convenient, and residents are more inclined to deposit funds in banks; Third, with the upgrading of consumption and the improvement of quality, residents' requirements for personal quality of life are also getting higher and higher, and more of the saved funds are used to improve the quality of life and cope with emergencies.
However, the large amount of resident deposits has also brought some problems. First, saving too much means not spending enough, which can have a negative impact on economic growth. Consumption is an important driver of economic growth, and if residents deposit most of their income in banks instead of spending it, it will lead to insufficient market demand and affect economic growth. Second, too much savings will also lead to insufficient investment, affecting the healthy development of the capital market. If residents deposit their funds in banks instead of investing, it will lead to idle and wasteful funds, and will also affect the stability and development of the capital market.