Household Consumption Trends in China

Mark Baker and David Orsmond
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Mark Baker: Reserve Bank of Australia
David Orsmond: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2010, 13-17

Abstract: 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.

Keywords: China; households; consumption; savings (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (4)

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