
Published online:
26 September 2013
Published in print:
22 November 2012
Online ISBN:
9780226237268
Print ISBN:
9780226237244
Contents
-
-
-
-
-
-
-
-
-
-
5.1 Introduction 5.1 Introduction
-
5.2 Long-Term Trends in Aggregate Saving 5.2 Long-Term Trends in Aggregate Saving
-
5.2.1 International Comparison 5.2.1 International Comparison
-
5.2.2 Components of Aggregate Saving 5.2.2 Components of Aggregate Saving
-
5.2.3 The Chinese Saving Puzzle 5.2.3 The Chinese Saving Puzzle
-
-
5.3 Corporate Saving 5.3 Corporate Saving
-
5.3.1 Rising Profitability of Enterprises 5.3.1 Rising Profitability of Enterprises
-
5.3.2 Costs of Financing, Dividend Payments, and Labor Compensations 5.3.2 Costs of Financing, Dividend Payments, and Labor Compensations
-
5.3.3 Imperfect Capital Markets 5.3.3 Imperfect Capital Markets
-
-
5.4 Government Saving 5.4 Government Saving
-
5.5 Household Saving 5.5 Household Saving
-
5.5.1 Data and Stylized Facts 5.5.1 Data and Stylized Facts
-
5.5.2 Household Saving by Region and Income Level 5.5.2 Household Saving by Region and Income Level
-
5.5.3 Demographic Structures and Life Cycle Saving Profiles 5.5.3 Demographic Structures and Life Cycle Saving Profiles
-
5.5.4 Understanding China’s High Household Saving 5.5.4 Understanding China’s High Household Saving
-
-
5.6 Prospects of China’s High National Saving 5.6 Prospects of China’s High National Saving
-
References References
-
Comment Comment
-
Introduction Introduction
-
Evidence from the Relative Purchasing Power of National Currencies Evidence from the Relative Purchasing Power of National Currencies
-
Chinese Interest Rates and Dividends Chinese Interest Rates and Dividends
-
Chinese Rents Chinese Rents
-
Behind China’s High Savings: Mao and Deng Behind China’s High Savings: Mao and Deng
-
Conclusions: The Political Economy of Savings Conclusions: The Political Economy of Savings
-
-
-
-
-
-
-
-
Chapter
5 Why Are Saving Rates So High in China?
Get access
Pages
249–282
-
Published:November 2012
Cite
OXFORD ACADEMIC STYLE
Yang, Dennis Tao, Junsen Zhang, and Shaojie Zhou, 'Why Are Saving Rates So High in China?', in Joseph P. H. Fan, and Randall Morck (eds), Capitalizing China (Chicago, IL , 2012; online edn, Chicago Scholarship Online, 26 Sept. 2013), https://doi.org/10.7208/chicago/9780226237268.003.0006, accessed 16 May 2025.
CHICAGO STYLE
Yang, Dennis Tao, Junsen Zhang, and Shaojie Zhou. "Why Are Saving Rates So High in China?." In Capitalizing China. Edited by Joseph P. H. Fan, and Randall Morck (eds). University of Chicago Press, 2012. Chicago Scholarship Online, 2013. https://doi.org/10.7208/chicago/9780226237268.003.0006.
Abstract
This chapter examines the high savings rate in China, beginning with an overview of the major trends in Chinese national saving in the past three decades. Drawing data from the World Development Indicators, China's Flow of Funds Accounts, and other sources of aggregate statistics, it compares the aggregate saving in China with that of representative economies and major country groups. The chapter then considers the factors behind the rising savings of the government, corporate, and household sectors, focusing on the period of 1999 to 2007. A commentary is included at the end of the chapter.
You do not currently have access to this chapter.
Sign in
Personal account
- Sign in with email/username & password
- Get email alerts
- Save searches
- Purchase content
- Activate your purchase/trial code
- Add your ORCID iD
Purchase
Our books are available by subscription or purchase to libraries and institutions.
Purchasing informationMetrics
View Metrics
Metrics
Total Views
13
9
Pageviews
4
PDF Downloads
Since 3/1/2023
Month: | Total Views: |
---|---|
March 2023 | 3 |
July 2023 | 3 |
April 2024 | 3 |
August 2024 | 1 |
February 2025 | 3 |
Citations
Get help with access
Institutional access
Access to content on Oxford Academic is often provided through institutional subscriptions and purchases. If you are a member of an institution with an active account, you may be able to access content in one of the following ways:
IP based access
Typically, access is provided across an institutional network to a range of IP addresses. This authentication occurs automatically, and it is not possible to sign out of an IP authenticated account.
Sign in through your institution
Choose this option to get remote access when outside your institution. Shibboleth/Open Athens technology is used to provide single sign-on between your institution’s website and Oxford Academic.
If your institution is not listed or you cannot sign in to your institution’s website, please contact your librarian or administrator.
Sign in with a library card
Enter your library card number to sign in. If you cannot sign in, please contact your librarian.
Society Members
Society member access to a journal is achieved in one of the following ways:
Sign in through society site
Many societies offer single sign-on between the society website and Oxford Academic. If you see ‘Sign in through society site’ in the sign in pane within a journal:
If you do not have a society account or have forgotten your username or password, please contact your society.
Sign in using a personal account
Some societies use Oxford Academic personal accounts to provide access to their members. See below.
Personal account
A personal account can be used to get email alerts, save searches, purchase content, and activate subscriptions.
Some societies use Oxford Academic personal accounts to provide access to their members.
Viewing your signed in accounts
Click the account icon in the top right to:
Signed in but can't access content
Oxford Academic is home to a wide variety of products. The institutional subscription may not cover the content that you are trying to access. If you believe you should have access to that content, please contact your librarian.
Institutional account management
For librarians and administrators, your personal account also provides access to institutional account management. Here you will find options to view and activate subscriptions, manage institutional settings and access options, access usage statistics, and more.