Survey Report On Household Debt Risk In Quanzhou

Household finance is an important part of modern financial research.As the scale of China ’s household debt is increasing,concerns about household debt risks have also surfaced.The impact of the household debt problem is not only limited to the family sector,but also has a serious negative externality to other sectors.If the family debt risk is not controlled in a timely and reasonable manner,the family debt risk is likely to become a trigger Systematic risk of "gray rhino".In response to the Party Central Committee’s call to "prevent systemic financial risks",more and more scholars have started to study the risk of household debt.Most research is carried out through macroeconomic indicators,which does not have a good applicability for regional household debt risk measurement and prevention.This article aims to provide a new perspective for micro-subjects to study and prevent regional household debt risks by investigating the household debt risks in Quanzhou.On the basis of studying relevant existing literature and inquiring related materials,this paper obtains survey data of Quanzhou and conducts statistical analysis through field visits and distribution of survey questionnaires,and writes a survey report on household debt risk in Quanzhou.First,the influencing factors of household debt risk and risk measurement methods are summarized,and the variables required for the questionnaire are sorted out based on the above relevant research results.The questionnaire considered the demographic characteristics,household assets and liabilities of the interviewed households,and the family risk attitude and subjective expectations through the Likert scale.After the reliability and validity test of the survey data,a descriptive statistical method is used to comprehensively understand the current status of Quanzhou’s households,including three aspects: debt scale,debt source and use,and debt cost.And according to the debt measurement index,calculate the household’s asset-liability ratio,debt-income ratio and debt repayment ratio.Summarized the following five problems in Quanzhou’s household debt: First,Quanzhou’s debt risk is severe but generally controllable;Second,the proportion of Quanzhou’s householdshort-term debt is too high,and the debt maturity structure is unreasonable;Third,the use of Quanzhou’s household debt the proportion of consumer debt is too high;Fourth,there is the phenomenon of corporate debt occupying household debt;Fifth,Quanzhou’s family debt risk management concept is not strong.Finally,based on the above problems,the following countermeasures and suggestions are proposed for improving the household debt risk in Quanzhou: First,the proportion of debt maturity is reasonably allocated;Second,the structure of household debt is optimized;Third,the family solvency is enhanced to improve the household debt risk;Fourth,Set up a debt firewall between company and household;Fifth,enhance residents’ risk management awareness and enhance their risk management and control capabilities.