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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. 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).
    3. 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.
    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.
    5. repec:hal:pseose:hal-00825239 is not listed on IDEAS

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