What does it mean to promote the transfer of residents' savings?

savings transfer refers to the phenomenon that residents' living surplus money is transferred between banks and stocks and bonds in order to choose better income, and the bank interest is actually less than the national growth value, which shows negative growth.

At present, the proportion of China residents' investment in residents' financial assets is low. According to the statistics of the People's Bank of China, in 219, 99,7% of households owned financial assets, with an average financial asset of 649, yuan, accounting for 2,4% of the total assets of households. Among them, cash and demand deposits accounted for 16,7%, bank time deposits accounted for 22,4%, and * * * accounted for 39,1%. Compared with the United States, the proportion of financial assets of urban households in total assets in China is low, which is 22.1 percentage points lower than that in the United States.

Investment

There are five suggestions on how to transform residents' savings into investment:

First, ensure the price of the secondary market to rise steadily. Since the opening of the A-share market, the China A-share indexes (Shanghai Composite Index and Shenzhen Component Index) have fluctuated greatly. If the secondary market can be guaranteed to have a stable long-term upward trend like the US stock market, residents will have more optimistic expectations for the stock market, thus turning more savings into investment in the secondary market. There are four ways to ensure the price of the secondary market to rise steadily: one is to stabilize expectations, so that investors can expect the trend of the secondary market to rise and promote the self-realization of expectations; Second, government policies intervene in abnormal fluctuations in time. When the stock market is unusually hot, they should intervene in time to control the leverage ratio and prevent the occurrence of stock market disasters. The third is to pay dividends on time. The stock price is based on the discounted sum of dividends, which can be used as the guaranteed income of investors every year. At present, there are many listed companies that do not pay dividends. The fourth is to crack down on bookmakers. At present, there is still the behavior of sitting in the village in the stock market. Bankers make profits by sucking goods at the bottom and dumping goods at a high position.

second, develop the popularization and tradeability of non-secondary market products. At present, there are many products in the market, such as trust, PE, VC and so on, which are mainly institutional investors or large capital customers. If the above products can be successfully divided into units and sold to retail investors in the form of fund shares, the conversion rate of residents' investment will be improved. RIETs fund is an example of product sharing in non-secondary market.

thirdly, the wealth management products are diversified. If there are more types of wealth management products in the market, and the wealth management products with different risks, different incomes, different industries and different industries are relatively complete, the investment options of residents will be greatly improved, which can meet the investment needs of more residents and the investment ratio will also be improved.

fourth, residents' investment channels are convenient. There are three main suggestions. First, establish an investment platform to push more and more comprehensive subscription information of wealth management products such as funds; The second is to use accurate portrait technology and big data technology to accurately deliver product information for different customers; The third is to establish a community module, divide it into different groups according to different investment needs, and put product information in different groups.

Fifth, vigorously publicize investment knowledge and enhance investment awareness and self-prevention awareness. Many residents have a weak sense of financial management or are not confident enough about financial management. If we vigorously publicize the knowledge of investment and financial management, we will strengthen residents' awareness of investment and increase the conversion rate of residents' savings.