A Study On The Effect Of Population Aging On Residents' Saving In China

China has entered the aging society since 2000,it is one of the developing countrywhich early entry into an aging society.China has the most number of aging population in the world. aging is not only a problem of our society, but also to the sustainable economic development. Household savings as an important part of the structure of savings, is an important source of capital investment and capital accumulation, investment and capital accumulation is an important tool for economic growth. Aging population growingwill have an impact to household savings, China is currently in the early aging of the population, the total impact of the effect of population aging on household savings rate is negative, but the degree of impact on household savings is not great. From the long-term trend, since the level of savings elderly population is relatively low, the population increase will bring substantial decline in household savings levels, while household savings levels decline is not due to increased consumption. This means reduced investment, while domestic demand has not been a substantial boost, accelerate the aging population will bring a certain degree of negative impact on China’s economic growth. From the theoretical and practical point of view, a comprehensive and systematic study impact of population aging on household savings, It will help to deepen the household savings theory, for the promotion of sustainable development of population, economy and society, and also has some practical value and practical significance. Conclusions obtained through quantitative and qualitative analysis, elderly dependency ratio has a negative effect on residents’ savings, child dependency ratio has some negative effects to household savings rate, but the effect is not obvious, China is still in the demographic dividend period. Due to the high proportion of the labor force and is in growth phase, the magnitude of increase in speed is not the aging population, resulting in relatively abundant supply of labor, the maintenance burden is relatively light, the formation of China’s high household savings rate is currently brought economic high-speed growth.However, China’s economy has long been facing the problem of insufficient domestic demand, in the elderly population income of financial subsidies should be accompanied by targeted fiscal and taxation policies to promote consumption of the elderly population, the elderly population and thus boost the consumer market.