Summary Data show that CPI rose by 2.0% year-on-year in August, higher than the one-year deposit rate. This means that China has once again entered the era of negative interest rates. Under this circumstance, 10,000 deposits of banks have shrunk in one year. How should ordinary citizens manage their finances? Negative interest rate era, money &...
Data show that August CPI rose 2.0% year-on-year, higher than the 1-year deposit rate. This means that China has once again entered the era of negative interest rates. Under this circumstance, 10,000 deposits of banks have shrunk in one year. How should ordinary citizens manage their finances? In the era of negative interest rates, money "has less and less"
At present, the benchmark interest rate for one-year deposits is 1.75%. That is to say, if you put money in the bank, you will not win the inflation. It will only "being less and less," and China will enter the "negative interest rate era." For example, if you deposit 10,000 yuan for the bank, your interest income will be 10175 yuan a year later. If the price keeps rising by 2%, then the goods that can be bought for 10,000 yuan today will cost 10,200 yuan a year. Save the bank a net loss of 25 yuan a year! The purchasing power of 10,000 yuan a year ago was only equivalent to 9,975 yuan a year later. It directly leads to the shrinking of your wealth, not to mention the added value. "In the era of negative interest rates, it may continue for a long time," said He Lei, manager of the personal business unit of a joint-stock bank.
Bank wealth management products revenue fell further
At the time when the stock market plunged into deep volatility, the bank's wealth management products also fell along with the stock market. According to the statistics of the silver rate network, there were 811 RMB non-structural products for sale from September 5, 2015 to September 11, 2015. The average expected return was 4.66%, of which only 10 products had an expected yield of more than 6%. , accounting for 1.23% of the total amount of RMB non-structural wealth management products. Yan Zijie, an analyst at Yinzhou.com, believes that the income of bank wealth management products continues to fall. On the one hand, the central bank’s implementation on September 6 is expected to release about 600 billion yuan of liquidity; on the other hand, due to recent stock market fluctuations, banks The scale of financial management directly or indirectly participating in the stock market capitalization has been sharply reduced. Banking and wealth management are temporarily unable to find more diversified high-yield channels during the reform and transformation. There will be room for further decline in the profitability of wealth management products in the future.
Industry recommendations: configurable USD or P2P financing
In the era of negative interest rates, when the stock market is not good, and the income of bank wealth management products is lower, how should ordinary citizens manage their money? Liu Yan, chairman of Shaanxi Zhongyang Wealth Management Co., Ltd. suggested that some dollar assets should be allocated and look forward to further appreciation. Properly participate in Internet finance, such as P2P company financial management, locking in 8%-12% of annual revenue. He Lei suggested that in the era of negative interest rates, the people should consume more. "After ensuring daily expenses and the future pension, medical care, and children's education reserves, we will improve our lives, including buying houses, changing cars, and traveling." The teacher suggested that, at the current low interest rate, try not to let your money lie in the bank to sleep, and try to make diversified investment and wealth management to increase the value of your own funds.
Chinese architecture is traditional Chinese architecture, and its formation and development have a long history. Due to the vast area, the climate, humanities, geology and other conditions vary from place to place, forming China's unique architectural styles. Here we introduce a new Chinese-style Jiangnan Water Village-style small-room modular house independently developed and designed by Kosente. This building style breaks through the limitations of traditional architecture and uses the new Chinese modular definition to inherit the soul of Chinese architecture. Combined with the prefabricated modular building system, it is built according to the modern living concept.
Chinese Tradational Style Buildings
Prefab house china, chinese prefab buildings, tradational style building, Prefab homes China
Dalian Quacent New Building Materials Co.,Ltd. , https://www.quacenthomes.com