A Study On The Relationship Between Urban Aging And The Relationship Between Population Aging And Savings Rate

Since entering the “new normal”,China's economy has changed from the high-speed growth to the rapid growth.Weakening the effect of investment economy,the contribution of net exports to the economy,the potential of consumption economy has yet to be released.China urgently needs to consumer demand in China's economic growth with high hopes,however,the Chinese residents' savings desire is still strong,and showing a trend of rising.Data in 2015 Chinese residents savings rate is as high as 40.61%,compared with 2000 residents savings rate rose by about 20%.Under the high savings rate,how to stimulate consumer demand to become the domestic and foreign scholars study the important issues.At the same time,in the process of China's economic development,population age structure,urban and rural structure is also important changes have taken place,the aging of the population problems emerging and increasingly prominent,increasing urbanization rate.Under the background of population aging rate on demand policy formulation and adjustment of urban and rural differences have important implications.Based on the above background,this paper uses the 2000-2014 national 28 provinces,municipalities directly under the central government,autonomous regions,and build panel data model,the differences between urban and rural areas of China's population aging and the savings rate has carried on the empirical analysis.Research shows that an aging population and the relationship between the savings rate has obvious differences between urban and rural areas.Town's children's dependency ratio and saving reverse changes,elderly dependency ratio and saving positive change;Rural children's dependency ratio and positive changes in the interest rate on savings accounts.But the elderly dependency ratio and saving the reverse change.Urban and rural per capita income growth rates and savings rates are positive changes.This article separately to the eastern,central and west urban and rural differences for empirical analysis.The results show that the urban level,the eastern region of the elderly dependency ratio and the relationship between the savings rate compared with the west has significant difference;The central region of children's dependency ratio and the relationship between the savings rate compared to the western region has significant difference,the difference between other variables in the region were not significant.Rural level,only the eastern region of the children's dependency ratio and the relationship between saving rate and no significant differences in the western region,the difference between other variables are not significant.Finally,in view of the above problems,the article puts forward four feasible Suggestions: first is to increase education investment,reduce the family education savings;Second is to perfect the social security,alleviate the pension burden;third is to change the concept of consumption,improve residents' purchasing power;forth is to narrowthe difference of urban and rural,promote urban and rural integration process.