Average Savings Over 10,000

2012-11-22 21:14:34 CRIENGLISH.com Web Editor: Mao

According to data released by the International Monetary Fund recently, the savings rate of Chinese people ranks the first in the world. The average savings per person exceeds 10,000 Yuan.

Starting from 1970s, the savings rate in the country has kept increasing. Most recently, Guo Shuqing, chairman of China's Security Regulatory Commission says that China's savings rate is 52%.

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