China’s Consumption And Saving Rate Relationship Analysis

With the rapid development of economic globalization，China’s economy also entered theimportant period，but the residents’ high savings and low consumption rate of China’s economicdevelopment has brought a certain degree of negative impact.According to China statisticalyearbook data analysis，our country resident saving rate increases，increases its amplitude isgreater than that of residents consumption rate，large amount of capital accumulation in the form ofsavings deposits in Banks，financial institutions，such as formation of high saving rate increasebank liabilities，the financial risks. So the residents savings rate and consumption rate，and find outthe influence of consumption and the influence factors of residents savings rate relationship canbetter improve the ratio of consumption to reduce household saving，so as to promote the virtuouscycle of national economy，is the important problem facing China’s economic development.This paper mainly adopts literature research and empirical study on two kinds of methods，its research profile structure is as follows:study of domestic and foreign research methods andresults of residents consumption rate and saving rate，the rate and residents consumption rate inChina the status quo and impact on China’s economy.With common five influence factors ofresidents saving rate and consumption rate，growth rate of consumer price index，commodity houseaverage price growth，aging index，social security level，per capita disposable income growth raterespectively establish the econometric model，with the analysis of the influence of the relationship.Secondly，combining with the present situation of the residents consumption rate and saving rate，from the five factors influencing residents consumption rate and the savings rate that cpi growthrate，growth rate of commodity house average price，aging index，the level of social security，theper capita disposable income growth rate of the empirical analysis results. In establishingeconometric model，using the historical rate of household saving and consumption data analysis ofthe effect of the relationship， through the empirical analysis concludes that the ratio ofconsumption are negatively related with residents savings rate，and the five factors influence onthe relationship between，on the other hand，also influence is also different. Now according to theresults of empirical analysis，put forward to improve the residents’ consumption rate is too low，the status quo of residents savings rate is too high，the measures taken: to promote the reform ofconsumer health，improve the ratio of consumption；Take control combining macro-control andmicro controlling commercial housing prices；Reform of the old-age insurance system；Establish aperfect social security system；To raise the level of income，increase residents’ disposable income，promote consumption，etc. Finally，the article put forward from the Angle of real economy to promote economicdevelopment prompted consumption to increase，residents savings rate reduces the suggestion. Onthe one hand，to promote consumption，expanding domestic demand，consumption economy，increase the ratio of consumption，accelerate the regional liquidity of savings，reduce the rate，reduce savings distribution imbalance. On the other hand，to strengthen the reform of economicsystem，gradually adjust the industrial structure and upgrade of industrial structure，increasing theratio of consumption to reduce household saving，achieve sustained economic growth ultimately.