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Household Consumption Trends in China

Author

Listed:
  • Mark Baker

    (Reserve Bank of Australia)

  • David Orsmond

    (Reserve Bank of Australia)

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.

Suggested Citation

  • Mark Baker & David Orsmond, 2010. "Household Consumption Trends in China," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 13-17, March.
    • Handle: RePEc:rba:rbabul:mar2010-03
    as

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    File URL: https://www.rba.gov.au/publications/bulletin/2010/mar/pdf/bu-0310-3.pdf
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    References listed on IDEAS

    as
    1. Ms. Era Dabla-Norris, 2005. "Issues in Intergovernmental Fiscal Relations in China," IMF Working Papers 2005/030, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Bénassy-Quéré, Agnès & Carton, Benjamin & Gauvin, Ludovic, 2013. "China and global rebalancing: A two-country approach," China Economic Review, Elsevier, vol. 26(C), pages 118-139.
    2. Bénassy-Quéré, Agnès & Carton, Benjamin & Gauvin, Ludovic, 2013. "China and global rebalancing: A two-country approach," China Economic Review, Elsevier, vol. 26(C), pages 118-139.
    3. Chang, Xiao & An, Tongliang & Tam, Pui Sun & Gu, Xinhua, 2020. "National savings rate and sectoral income distribution: An empirical look at China," China Economic Review, Elsevier, vol. 61(C).
    4. Mallick, Jagannath, 2017. "Structural Change and Productivity Growth in India and the People’s Republic of China," ADBI Working Papers 656, Asian Development Bank Institute.

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