Year |
Average
Family Deposits |
RMB (yuan) |
|
1985 |
1351 |
134.8 billion |
|
1990 |
7869 |
757.3 billion |
|
2000 |
3460 |
2569.7 billion |
Description of the table:
The period 1985 – 2000 had a great increase in family
bank deposits in China’s cities and towns. In 1985, the
average family deposits was 1351 yuan while in 2000 it
reached 3460 yuan. The total bank deposits in 2000 was
19 times as much as it was in 1985.
Generalization —
interpretation and analysis:
Several factors may have contributed to this change. Firstly,
the family income has greatly increased and people have
more spare money to deposit in the bank. Secondly, people
want to deposit money to buy more expensive items such
as houses and cars. Thirdly, banks are still thought of
as the safest place to deposit money. More and more people
are willing to deposit money in banks instead of other
investment such as stock exchange and future investment.
Making a sound conclusion:
From the above table we can predict that the family income
will continue to increase and that people will have even
more money to deposit in the bank.
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