Influencing Factors Research On The Saving Level Of Rural Residents In Xianyang

In nearly 40 years of reform and opening-up, our country’s economic level and social status has changed dramatically,not only the standard of living of residents in our country has significantly promoted,but also the international status has been irreplaceable.The residents savings have always been rising, especially the rural residents’ savings.Living in a typical dual economic structure country,the savings level of rural residents plays an important influence on the national development level. Saving is a "double-edged sword" in the long-term economic development, on the one hand,The steady growth of savings is an important source of capital of the country’s economic growth,and is very important for the development of the nation’s financial system. On the other hand, excessive savings level and high-speed growth saving also show some problems in the development of the national economy, for example, the high saving level may produce short-term instability factors for the development of the financial system in our country.AS the rural residents savings at a high level for a long time, high saving growth can not transform to investment in effective style.The rural market consumption is inhibited by excessive rural savings,so as to make the shortage of rural market of consumer demand and low investment efficiency. It also makes the internal imbalance of economic development.and have a negative impact on the economy’s long-term development.So for a long time, It will become a major problem in the sustainable development of our country to lead to China’s economic growth structure of coordination. High saving level means insufficient consumption. As the important part of GDP, consumption is the vital pillar of a country’s great and rapid economic development. So the high saving level means that the consumption rate is low and domestic demand is insufficient. As our country calls for expending domestic demand and enhancing the investment level in nowadays, properly reducing saving level is of great significance to the steady growth for economy.As a crux role on the Guanzhong-Tianshui Economic Zone, Xianyang is an concerning grain production base in Shaanxi, which is a major agricultural province in the northwest of China. Its economic development is very important to Shaanxi Province. Therefore, based on a great quantity literatures and related statistical yearbook data at home and abroad,the paper establishs the measurement model combining with investigation data.The binary Logistic model analysis results show that the main factors influencing the saving level of xianyang rural residents are householder age, household culture level, the number of family labor, the cultivated land area, annual family income, family’s response attitude to price changes, family’s respond to interest rate changes, the distribution situation of the financial institutions near the house. The paper puts forward to the policy suggestion which not noly can reduce the Xianyang rural residents’ saving level and increase the farmers’consumption, but also improve the efficiency of conversion from saving to investment in rural areas and the living level of rural residents and promote regional economic development. The paper put forward the theory suggestions at last:firstly,our government and ourselves all should improve rural labor skills and rural residents’ human capital;secondly,the government department may strengthen the agricultural subsidies and raise farmers’income;thirdly,the rural financial market system should be established as quickly as possible,and rural residents also should improve their financial literacy.