Provincial capital cities are an important part of my country's urbanization system and the main direction of population inflow in the process of urbanization.
The provincial capital city has the best public service resources such as medical care, education, and transportation in the province. A large number of technical, human resources, and capital resources will also gather in the provincial capital city. The industry is more developed, and the residents' deposits will be more.
What is the current household savings in major capital cities?
Which capital cities have higher savings per capita?
According to the "China Statistical Yearbook 2021" and the data of the seventh national census, a reporter from China Business News combed the household deposit data of 27 provincial capital cities and found that there are five provincial capital cities of Hangzhou, Shenyang, Guangzhou, Taiyuan and Nanjing. The per capita deposit exceeds 100,000 Yuan.
On the whole, some southern provincial capitals have lower per capita savings, while northern provincial capitals have higher per capita savings.
It should be noted that household deposits refer to household savings deposits absorbed by banking financial institutions through credit and deposits that are absorbed by the household sector (a sector composed of households and non-profit institutions serving them) through other means.
Data shows that there are five provincial capital cities, Hangzhou, Shenyang, Guangzhou, Taiyuan, and Nanjing, with per capita deposits exceeding 100,000 yuan.
Of the 5 provincial capitals, 3 are in the south and 2 are in the north.
Among them, Hangzhou is the capital of Zhejiang Province, the fourth largest economic province, and Zhejiang is also the most developed privately-owned area in my country, with a large number of business groups.
Guangzhou, a first-tier city, is the capital of Guangdong, the largest economic province, and the center of politics, education, transportation, and medical care in South China. The number of university students ranks first in the country.
At the same time, Guangzhou, the "millennium commercial capital", has the best professional wholesale market in the country, with a large number of employees.
In recent years, Guangzhou's high-tech industry has developed rapidly, and the number of high-tech enterprises ranks fourth in major cities in the country.
As the capital of Jiangsu, the second largest economy, Nanjing ranks third in the country in terms of higher education strength. It not only has a group of powerful state-owned enterprises, but also the current technological innovation industry is developing rapidly.
The two provincial capital cities in the north are Shenyang and Taiyuan. These two cities have a high rate of urbanization, and the urban population accounts for a high proportion of the total permanent population. In addition, there are many state-owned enterprises, and there are many retirees with employee pensions and savings. more.
If it is expanded to the top ten per capita deposits, the northern and southern cities each account for 5.
Expanding to all 27 provincial capital cities, the cities with low per capita savings are mainly from the south.
Among them, there are 5 provincial capital cities with per capita savings of less than 70,000 yuan.
The difference in per capita savings between the capital cities of the north and the south is related to factors such as population age structure, industrial structure, investment ideas, housing prices, and consumption habits.
Niu Fengrui, a researcher at the Urban Development and Environment Research Center of the Chinese Academy of Social Sciences, analyzed the first financial reporter that many urban residents in the north have relatively few investment channels.
In contrast, southern cities have a strong business culture and investment atmosphere, and residents have many investment channels.
Therefore, there is no necessary relationship between the amount of savings and the level of per capita disposable income.
For example, Guangzhou citizens may invest more in stocks, wealth management products, and real estate, while Shenyang invests less in this area, so per capita savings are higher.
In terms of the age structure of the population, the southern cities gather more young people from outside, who are more daring to consume and invest.
In terms of housing prices, housing prices in southern provincial capitals are generally higher than those in northern provincial capitals. Higher housing prices mean higher consumption of residents' deposits.
Niu Fengrui said that in an old industrial city like Shenyang, there are many state-owned enterprises and many retired workers. Many elderly people have houses and can meet their living needs. The overall demand for buying new houses is not as good as that of southern provincial capitals.
For the elderly, the benefits of bank deposits are relatively stable, and they are more willing to save.