China's High Savings Rates

China's High Savings: Drivers, Prospects, and Policies

Housing reform and rising income inequality also contribute to higher savings. Moving forward, demographic changes will put downward pressure on ...

China Gross Savings Rate | Economic Indicators - CEIC

China Gross Savings Rate is updated yearly, with data available from Dec 1952 to Dec 2023, and an average rate of 44.3%. The data reached an all-time high ...

China's High Savings Rates

Abstract. Since the early 1980s China has witnessed a rapid increase in its national savings rate to one of the highest rates in the world.

Why Is China's Saving Rate So High? A Comparative Study of Cross ...

Second, what are the factors responsible for China's extraordinarily high saving rates? We find that our benchmark models explain about 72 to 76 percent of ...

Explaining Economic Growth and Savings Rates in China Following ...

Michael Dotsey and his coauthors study how the interaction of industrial and demographic policies along with human capital investments influenced China's ...

China's high saving rate: myth and reality | Cairn.info

First, a high saving has financed strong economic growth, with low inflation and manageable exposures to adverse external shocks. Over the past decade, China's ...

CHINA'S HIGH SAVINGS: DRIVERS, PROSPECTS, AND POLICIES1

However, despite the moderation, China still stands out with one of the world's highest savings rates, compared to the global average of around. 25 percent of ...

China's stubborn savers risk precipitating liquidity trap | Reuters

China has a long history of savings rates being high - according to World Bank estimates the savings rate to GDP is the highest among large ...

China's High Savings: Drivers, Prospects, and Policies - VoxChina

China's government savings rate has stabilized since 2008 at around 5 percent of GDP and remained the highest among the major economies (see ...

Chinese savers stashed away $2.6 trillion last year but property ...

Household savings at banks surged by a record high ... high youth jobless rate and asset price deflation will constrain China's consumption ...

China's excess savings are a danger - Financial Times

According to the IMF, China generated 28 per cent of total global savings in 2023. This is only a little less than the 33 per cent share of the ...

How China's savings could help save the planet - Brookings Institution

Fueled by exceptionally high domestic savings—at about 45 percent of GDP China's savings rate is among the highest in the world—its largely ...

Why Are Saving Rates so High in China? | NBER

We analyze the sources and causes of China's high and rising saving rates in the government, corporate, and household sectors.

Why Are Saving Rates So High in China? | IZA

In this paper, we define "The Chinese Saving Puzzle" as the persistently high national saving rate at 34-53 percent of gross domestic product (GDP) in...

An alternative explanation for high saving in China: Rising inequality

Lastly and most importantly, China has maintained a high domestic saving rate for many decades (at 48% in recent years, equivalent to almost US$6 trillion of ...

China's high saving rate: myth and reality - IDEAS/RePEc

Furthermore, the average saving rate has been rising over time, with much of the increase taking place in the 2000s, so that the aggregate marginal propensity ...

China's high saving rate: myth and reality

What really sets China apart from the rest of the world is that the rising aggregate saving has reflected high savings rates in all three ...

Household Saving in China - World Bank Documents and Reports

China, in recent years the world's largest and fastest growing economy, also has na- tional saving rates that are among the highest in the world.

China Net Household Saving Rate - Trading Economics

Household Saving Rate in China decreased to 36.10 percent in 2016 from 37.10 percent in 2015. Personal Savings in China averaged 33.59 percent from 1992 until ...

China's high saving rate: myth and reality - ScienceDirect

What sets China apart from the rest of the world is that its rising aggregate saving has reflected high savings rates in all three sectors – corporate, ...