In 2023, the Time Deposits of Quasi-Money Supply in China stood at an estimated 465.80 hundred billion Yuans Renminbi. The projected values from 2024 to 2028 illustrate a steady year-on-year increase: 5.27% in 2025, 4.92% in 2026, 4.65% in 2027, and 4.39% in 2028. The Compound Annual Growth Rate (CAGR) over this period is approximately 4.47%, indicating a moderate yet consistent growth in quasi-money supply through time deposits.
Future trends to watch include:
- The impact of China’s monetary policies on interest rates influencing savings behavior.
- Economic conditions affecting disposable income and consumer savings preferences.
- Technological advancements or financial innovations that may drive changes in investment patterns.