On May 10, the People's Bank of China (PBOC) issued a profound announcement that elaborated on the specific flow and distribution of funds in rare and people-friendly language. This initiative undoubtedly opens a window for the public to understand the operation of finance, so that we can more intuitively feel the flow and impact of funds in the social economy

Laughter! Central Bank announcement: The question of where the money went, led netizens to fry: why is there a new department

Original2024-05-11 21:29·Grape seed seed

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The announcement clearly pointed out that the resident sector is the "big one" of deposits, accounting for half of the total deposits, as high as 49%. The corporate sector and government sector accounted for 27 per cent and 14 per cent, respectively. This data clearly shows the preference of residents for saving, as well as the current situation of the current market consumption momentum is slightly insufficient.

Laughter! Central Bank announcement: The question of where the money went, led netizens to fry: why is there a new department

Behind this trend is the cautious attitude of residents towards the use of funds. They are more likely to keep their money in the bank rather than putting it in the market for spending. To some extent, this has led to a relative reduction in working capital in the market, which explains why many people are feeling the economic pressure and tension.

In fact, these huge deposit funds, although they seem to be out of reach, are actually closely related to the lives of each of us. They exist in the bank in the form of deposits, but they are not translated into actual spending power, which makes it difficult for us to intuitively feel the existence and value of these funds.

For the residential sector, it does not cover only a part of the population, but includes everyone in society, whether rich or ordinary. Although the savings of the wealthy account for a certain percentage, the savings of ordinary households are also an important part of this sector.

So why are residents more inclined to save than to spend? There are complex social and economic factors behind this. On the one hand, people need to save for large expenses such as children's education, the health of the elderly, and future weddings

On the other hand, the generally low level of wages, coupled with concerns about future pensions, has made people more cautious when managing their finances.

The previously released data on per capita deposits also provides us with strong evidence. According to statistics, the per capita deposit has reached 110,000. This may be shocking, but it is worth pondering how to convert these savings into actual spending power and promote the healthy development of the economy.