时间：2019-11-13 14:48:32 来源：兴趣培训 浏览：150 次
On November 12, the annual financial conference 2020 with the theme of "prediction and strategy" was held in Beijing yesterday. Zhou Xiaochuan, vice chairman of Boao Forum for Asia, vice chairman of the 12th CPPCC National Committee and former president of the people's Bank of China, attended and delivered a speech.
Zhou Xiaochuan believes that the development of domestic service industry should be straightened out by market mechanism. He analyzed that the overcapacity of some industries in China is in the stage of "de capacity", which needs to develop new capacity and invest in new capacity. "This capacity may be in the service industry, where there is room for investment. But not allowing you to invest? Are private enterprises allowed to invest? Are there any restrictions attached to investment? It's a big problem. "
He said that China's savings rate, which reached 50% a decade ago, is now 45%, still the highest in the world.
The proportion of financial industry in GDP is largely related to a country's savings rate. The more savings rate, the more financial services it needs; countries without savings, or with very low savings, probably can't make much loans since they have little savings. Therefore, to some extent, the development of China's financial industry will be related to the savings rate.
The saving rate is simply the deposit in people's pocket. The higher the saving rate is, the more deposits residents have. For a long time, China is a saving society, while most of the western developed countries are consumer society. In other words, it is a society where "money is spent" or even "money is borrowed". Therefore, a high saving rate is often considered to be detrimental to consumption. In terms of policy, we should do everything possible to stimulate consumption, that is to say, we should change the way to let you spend money, so that the GDP will go up.
However, it should also be noted that a high savings rate may also indicate that people are more conservative in their expectations of the future, and their awareness of risk resistance is higher than that of consumption. If this expectation can't be resolved, the savings rate can't be reduced. Of course, it is not a good thing that the savings rate falls too fast, because it will also lead to certain financial risks.