China News Service, Beijing, December 17 (Reporter Xia Bin) A new survey released by Fidelity International on the 17th showed that the overall financial health of mainland Chinese residents is 71 points (out of 100 points), which is at a "good" level. , Ranked highest among the six surveyed markets.
Fidelity International visited 17,000 investors in Mainland China, Canada, the United Kingdom, Germany, Japan and Hong Kong, and assessed the financial health of investors in four aspects: financial budget, debt, savings and financial security.
The scores of mainland Chinese residents are relatively balanced. Among them, financial budget, financial security, and savings are higher than other markets, and only the debt health is slightly less.
He Huifen, Chairman of Fidelity International China, said: “When it comes to financial health, people usually pay more attention to deposits or investment. We believe that financial health is a multi-faceted and organic concept. Through this financial health index and the global report, we hope that the public Can understand this concept better, starting from budget management of daily expenses, to reasonable planning of debt and long-term savings and investment, to comprehensive financial protection against risks, calmly dealing with various situations, and actively ensuring financial health."
One area where mainland Chinese residents perform outstandingly is financial security, and mainland residents pay particular attention to reserve emergency funds, advance planning and financial insurance protection.
Even for low-income groups, more than half (57%) of the respondents have available emergency funds for half a year, while the proportions of middle-income and high-income groups are as high as 67% and 77%.
The survey shows that China's debt score is slightly lower than that of other surveyed regions. The main debts include housing loans (41%) and consumer loans (consumer loans 40%, credit cards 36%).
The debt ratio of young people in China is slightly higher than that of other age groups. 88% of young people are in debt.
The survey believes that understanding financial health is the first step in managing financial health. Both objective financial conditions and subjective financial feelings need to be carefully examined.
(Finish)