THE FACTORS THAT INFLUENCE CHINA'S HOUSEHOLD SAVING DECISION PERIOD 2002-2009

Abstract

Many researchers have examined the dominants that influence the household saving decision, and the main purpose for this paper is to research what factors influence the China's household saving decision. The researcher make a analysis about the phenomenon that China's household saving rate have a big fluctuation and a slowing trend, the researcher will make this research from 5 factors, including working age population rate, GDP growth rate, interest rate, inflation rate, and unemployment rate. In this research, the researcher only focus on the quantitative analysis method, and using secondary data, through SPSS tool to get the result that what factor is significant, and what factors are not. From the result, there are four factors that have a significant influence toward China's household saving decision. They are working population growth rate, GDP growth rate, interest rate, and the unemployment rate, meanwhile the working population has the strongest influence toward the China's household saving decision. The result shows that the five factors have a strong influence toward the saving decision, even there are other factors that influence China's household saving decision.