Inventory of deposits in 31 provinces in 222: which provinces and cities have the most deposits

outside GDP, the total amount of funds, that is, the balance of local and foreign currency deposits of financial institutions, is often used as an important reference for regional development. Generally speaking, the more sufficient the total amount of funds, the stronger the ability of "absorbing gold" in the region. The following is the inventory of deposits in 31 provinces in 222, which I compiled for you. I hope you like it!

Inventory of deposits in 31 provinces in 222

According to statistics, the balance of local and foreign currency deposits of financial institutions is divided into domestic deposits and overseas deposits, of which the latter has a small share, while the former is generally divided into household deposits, non-financial enterprise deposits, government organization deposits, fiscal deposits and non-banking financial institutions deposits.

data from the people's bank of China show that at the end of December 222, the balance of local and foreign currency deposits was 264.45 trillion yuan, up 1.8% year-on-year. In 222, RMB deposits increased by 26.26 trillion yuan, an increase of 6.59 trillion yuan year-on-year, of which it is particularly noteworthy that household deposits increased by 17.84 trillion yuan. In contrast, household deposits increased by 9.9 trillion yuan in 221. This means that the savings of new residents in 222 have increased significantly compared with the previous year.

21st Century Economic Research Institute combed the balance of local and foreign currency deposits in 31 provinces of China at the end of 222, focusing on household deposits.

in the view of economic researchers, the growth rate of household consumption expenditure has declined due to the weakening of income expectations, and the residential sector has reduced investment expenditures such as house purchase and wealth management, which is the main source of excess savings in 222.

21st Century Economic Research Institute believes that the reasonable release of excess savings in the residential sector will be one of the important foundations for China's economic expansion of domestic demand this year, but how to achieve this depends on the increase of residents' income, the restoration of income expectations and the optimization of income structure.

Guangdong's deposit balance has exceeded 3 trillion

On the whole, the data of local and foreign currency deposits in various provinces are highly correlated with the economic volume, and the higher the GDP, the higher the deposit balance.

By the end of 222, Guangdong, the largest province in China, stood out, with the balance of local and foreign currency deposits exceeding 3 trillion yuan, reaching 32.24 trillion yuan, and it was also the only province in China that exceeded 3 trillion yuan. Jiangsu, the second-ranked province in GDP, has a deposit data of 21.87 trillion, ranking second in the country.

Beijing's deposit balance directly catches up with Jiangsu Province, ranking third, but there is a big gap between Beijing's GDP and Jiangsu's. This also reflects that the data of deposit balance not only reflects the industrial strength, population size and income level of residents in the region, but also largely depends on the location and level of the region.

Shanghai, which is also a municipality directly under the Central Government, ranks fifth in terms of deposit balance, only slightly different from Zhejiang, the fourth place, while Shanghai's GDP is also far from Zhejiang.

This is mainly because Beijing and Shanghai are the two largest cities in China with the largest number of financial institutions, including stock exchanges, Public Offering of Fund and private equity funds. The data of the two places show that the deposit balances of non-banking financial institutions in Beijing and Shanghai are 3.9 trillion yuan and 3.4 trillion yuan respectively, which is equivalent to the sum of the deposit balances of Yunnan, Heilongjiang, Guizhou, Jilin and other provinces.

Therefore, areas with many financial institutions, especially those with stock exchanges, often have great advantages in the total amount of funds, and besides siphoning funds, they can also promote the listing and financing of local enterprises more favorably.

Take Guangdong Province as an example. In addition to having the largest economy in China, Guangdong also owns Shenzhen Stock Exchange and Guangzhou Futures Exchange. In 222, the balance of deposits of non-banking financial institutions was 3.3 trillion, which was not far from that of Beijing and Shanghai, but greatly exceeded that of Jiangsu Province's 1.3 trillion.

at the same time, the headquarters in Beijing and Shanghai are economically developed, which is also an important foundation for abundant funds. By the end of 222, the deposits of non-financial enterprises in Beijing and Shanghai reached 7.1 trillion and 7.3 trillion respectively, which is equivalent to the total deposits of Anhui, Fujian and other provinces.

The balance of deposits in Zhejiang Province ranks fourth in China, ahead of Shandong Province, which has a higher GDP, and has opened a gap of about 5 trillion yuan. In terms of departments, the household deposits in Zhejiang and Shandong are 8.2 trillion and 8.5 trillion respectively, but it should be noted that according to the data of the seventh national census, the number of permanent residents in the two places is 64.568 million and 11.527 million respectively, and Zhejiang is only about 63.6% of Shandong Province, which also means that the per capita household deposits in Zhejiang are relatively high, which proves the well-known strength of "people's wealth" in Zhejiang. On the other hand, under the deposit items of non-financial enterprises, Zhejiang and Shandong are 7.2 trillion and 4.2 trillion respectively, which also reflects the strength of non-financial enterprises in Zhejiang.

After that, the deposit balance of many provinces reached a new level in 222, with Sichuan and Hebei exceeding 1 trillion, Henan exceeding 9 trillion, Hubei, Liaoning, Anhui and Fujian exceeding 7 trillion, Hunan and Shaanxi exceeding 6 trillion, and Shanxi and Jiangxi exceeding 5 trillion.

this is largely due to the rapid growth of deposits in various places, including Jiangsu, Zhejiang, Shandong, Hebei, Henan and other provinces with the highest deposit data, and their deposit balances have all achieved double-digit growth rates, exceeding the national growth rate of 1.8% in the same period.

The per capita household deposits in Beijing and Shanghai exceed 2, yuan

In the deposit data, household deposits are closely related to individual residents and are also an important part of regional deposits.

among the more than 2 provinces that have disclosed household deposit data, from the perspective of the proportion of household deposits in the total deposit balance, the proportion of Beijing, Shanghai and Tibet is less than 3%, that of Guangdong is 35.2%, that of other provinces is over 4%, and that of Shanxi, Hebei, Inner Mongolia and Gansu is even over 6%. On the one hand, it partly reflects the willingness to save and the preference of holding assets in different regions, on the other hand, it is also influenced by the economic vitality in different regions.

from the perspective of the total deposit of regional households, it is mainly affected by the population, per capita disposable income, willingness to save and other factors. The net inflow of population often means that there are enough jobs to attract people, thus having higher household deposits.

Take Guangdong Province as an example. In addition to being the largest economic province in China, Guangdong is also the most populous province in China, and its household deposits have reached 11.4 trillion yuan, ranking first in the country.

However, in the per capita household deposit index, Guangdong ranks only seventh in the country among more than 2 provinces that have disclosed data, accounting for 9,1 yuan. It can't be ignored that there is still unbalanced regional development in Guangdong, and the people's wealth in some areas needs to be improved. In addition, it should be emphasized that a high per capita household deposit is not necessarily equal to a high per capita wealth. In the southeast coastal areas represented by Guangdong, its assets often exist in the form of more yuan, and deposit is only one aspect.

overall, per capita household deposits in Beijing topped the list, reaching 267,8 yuan, followed by 211,6 yuan in Shanghai, 127,4 yuan in Zhejiang, followed by 17,2 yuan in Jiangsu, 94,8 yuan in Shanxi and 93,1 yuan in Hebei.

according to the data of the people's bank of China, in 222, RMB deposits increased by 26.26 trillion yuan, an increase of 6.59 trillion yuan year-on-year. Among them, household deposits increased by 17.84 trillion yuan, non-financial enterprises increased by 5.9 trillion yuan, fiscal deposits decreased by 58.6 billion yuan, and non-banking financial institutions increased by 1.38 trillion yuan. Among different types of deposits, the increase in household deposits has contributed the most.

21st Century Economic Research Institute believes that, on the one hand, the growth of household deposits has enhanced residents' ability to resist risks, and it needs the support of per capita disposable income's growth to some extent. But on the other hand, it should be noted that this phenomenon also means that residents are more inclined to hold cash, and accordingly reduce consumption and investment. Judging from the situation in the whole year of 222, the epidemic situation one after another leads to limited consumption scenarios, unstable wealth management income, reduced investment consumption, weakening future income expectations, and deteriorating income structure, all of which are possible reasons behind the increase in household savings.

from the perspective of housing consumption, according to the data of the national bureau of statistics, in 222, the national sales of commercial housing was 13,33.8 billion yuan, down by 26.7%, of which residential sales decreased by 28.3%.

data from banks show that by the end of June 222, the total balance of personal deposits of six state-owned banks was about 62.34 trillion yuan, an increase of 5.2 trillion yuan compared with the end of 221. Among them, the growth of time deposits is the main reason for the growth of personal deposits. At the end of June 222, the personal time deposits of six state-owned banks increased by 4.47 trillion yuan compared with the end of 221, and the growth rate of each time deposit was above 1%.

in 222, the per capita disposable income of the national residents was 36,883 yuan, a nominal increase of 5.% over the previous year, and a real increase of 2.9% after deducting the price factor. By comparison, in 222, the growth rate of household deposits is much higher than that of per capita disposable income.

21st Century Economic Research Institute believes that under the background of economic recovery in 223, it is very important to expand domestic demand, which mainly includes consumption and investment, and the release of excess savings will become an important basis for consumption recovery this year. However, how to really promote residents' consumption and even investment can't rely on simple appeals, but actually restore residents' confidence in consumption and investment, including confidence in China's economic growth, confidence in employment, and confidence in the expected income growth in the future.

In addition, for residential departments, low-income groups tend to have higher marginal propensity to consume, but their spending power is restricted by income. High-income groups hold large amounts of excess savings, but their marginal propensity to consume is relatively low. From the comparison of provinces in China, the gap of per capita household deposits between different regions is very wide, and effectively improving the income level of residents in underdeveloped areas is also the basis for promoting the expansion of domestic demand.

what are the advantages and disadvantages of time deposit?

the first is safety. To measure the safety of a product, it mainly depends on the loss probability of its principal. As a product with guaranteed capital and interest, the loss of principal of time deposit can be said to be close to zero.

The reason why it is close to zero rather than equal to zero is that under some special circumstances, the deposit of time deposit may lead to the loss of principal. For example, after a bank goes bankrupt, deposits that are not covered by deposit insurance, and deposits that are inexplicably missing and cannot be recovered, etc.

In any case, the principal loss of time deposits is only a few cases. As long as the deposits are made according to formal procedures and personal information is kept well, there will basically be no problems. The security of time deposit is not the highest among all kinds of financial management methods, and few can surpass it.

Secondly, access is very convenient and flexible. If you want to deposit a time deposit, you can deposit it at any bank, at any time, as much as you want, and some banks can also deposit it through the bank's own online platform. In a word, saving money is more convenient.

similarly, it is convenient to withdraw the time deposit. Not only can you withdraw it at any time, but also time deposits can support remote or online withdrawal. Can take out the money in time when it is needed.

In addition, there are many types of time deposits. For example, according to the term of deposits, they can be divided into six types, such as three months to five years, or four types, such as lump-sum deposit and withdrawal, and individual deposits and institutional deposits can also be divided. More kinds are more flexible, and you can choose according to your own needs.

thirdly, the income is stable. The interest of time deposit is fixed. As soon as you deposit it, you will know what the interest is due, so the income is very stable.

finally, the threshold of time deposit is low, and everyone can afford it. Most financial management methods have certain thresholds in terms of funds, some with high thresholds and some with low thresholds. The time deposit belongs to the category with low threshold, and it can be deposited only if it is above 5 yuan. Basically, everyone can afford it and will not shut out those who want to deposit it.

what's the harm of time deposit?

first of all, the interest rate is not high. Saving time deposits is basically out of the question of high returns. At present, even the time deposits with the highest interest rate are estimated to have an interest rate of no more than 4%, and the lowest may be less than 1.5%.

secondly, taking it out in advance will lose most of the interest. Nowadays, there are no smart deposits and periodic interest-paying deposits, and time deposits have returned to their original appearance, that is, only when they expire can they get all the interest. Before it expires, interest will only be paid at the current interest rate at any time.

because the interest rate of current deposit is much lower than that of time deposit, although time deposit can be withdrawn at any time, most of the interest will be lost when the money is withdrawn before it expires.

generally speaking, the advantages of time deposit outweigh the disadvantages. Therefore, it is not without reason that time deposits are still popular among many people.