Survey Subjects

Young people aged 18-35 in China, USA, and Japan

Current Situation in China

  • Nearly 30% are “monthly spenders” (spending all income each month)
  • Approximately 20% of post-90s generation have savings exceeding 100,000 yuan
  • Main expenses: housing, food, entertainment, electronic products
  • Pressure to buy housing is prominent, 79.03% oppose “live for today”
  • 61.1% pay more attention to savings after the pandemic

United States

  • Low savings rate, high debt ratio (student loans, credit cards)
  • Over 40% of young people rate themselves as “just getting by”
  • 57% lack 3-month emergency reserves
  • Tend to “consume first, save later”

Japan

  • Over 40% of young people have zero savings
  • “Parasitic single” phenomenon (living with parents to save money)
  • Frugal in daily life, but willing to spend on interests
  • Savings willingness higher than the US

Conclusion

  • Chinese youth: “Value savings but pursue quality of life” balance tendency
  • US youth: More emphasis on immediate enjoyment
  • Japanese youth: Seek balance between savings security and personal interests