Editor's note: China has established a basic medical insurance system with universal coverage. This has played an important role in making medical services more accessible and affordable, especially improving people's well-being and maintaining social harmony and stability in rural areas, writes a veteran journalist with China Daily.
China’s high household savings rate remains a puzzle, with potential explanations including demographic, policy, and financial causes. This column investigates China’s savings rate using individual income and spending transactions linked to demographic characteristics and financial information on loan applications and credit availability. The authors match bank customers to