Holes in the social safety net have led to high and rising levels of precautionary saving – driving a wedge between increases in labor income and any impetus to discretionary purchasing power. Significantly, there were strong hints from senior Chinese leaders at the Forum that hukou reform is now under active consideration.
社会安全网络漏洞导致高额且不断增加的预防性储蓄——进而妨碍劳动收入增加对可支配购买力形成推动。重要的是，中国高层领导人在论坛上释放出积极审议户口改革的强烈信号。