The capital structure of the household has been changing and investment is more and more popular with Chinese. The finding came from a nationwide questionnaire of urban depositors during the fourth quarter, released by the People's Bank of China.

The People's Bank of China conducted the questionnaire in the last two weeks of November in 50 cities. Results from the 20,000 available surveys indicate that the number of people satisfied with their current income is rising, and that people's confidence in future income is at a record high. Some 28.5 percent of residents say their income has increased, with the income sentiment index reaching 22.6 percent, an increase from both the previous quarter and the same period of last year. Residents are also optimistic about their income in the next quarter, the confidence index for future income reaching 27.1 percent, a new high.

Residents are now more familiar with the different kinds of financial products, and their willing to invest is rising rapidly. Household's capital structure has changed. Influenced by high income financing products such as bonds and funds, residents' saving rate should soon decrease.

By People's Daily Online