Household Consumption Trends in China

Despite strong growth in Chinese consumption, the household consumption ratio has fallen significantly. This reflects a fall in the share of national income that accrues to the household sector and a rise in the household saving ratio. Policies to encourage the growth of small and medium-sized entities, increase social spending, and reduce the focus on investment-led growth would be expected to support the level of household consumption over the medium term.

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Year of publication:	2010
Authors:	Baker, Mark ; Orsmond, David
Published in:	RBA Bulletin. - Reserve Bank of Australia, ISSN 1837-7211. - 2010, March, p. 13-17
Publisher:	Reserve Bank of Australia
Subject:	China \| households \| consumption \| savings

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

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