China’s Basic Pension Insurance System on the Impact of Urban Household’s Consumption
|School||Chongqing University of Technology|
|Keywords||Basic pension insurance Urban household’consuption Impact analysis Policy Suggestions|
In the development history of social security system,the connection between social security and economy development catehes people’s eyes most.Especially in modern society,social security system makes big influence on both macro economy and micro individuals.As a great public policy,social security system affects all aspects of economy life widely and deeply, especially on the inner motivation of sustainable economic development - household’consuption.And the basic pension insurance is the core of the social security system,plays a particularly important role on socialist market economic construction and social stability .The establishment of modern significance basic pension insurance system has only one short history.So far,our basic pension insurance system is mainly based on urban areas and in rural area the coverage is relative smaller, insurance type is less. This paper takes the Chinese town as the research object, the main consideration by the rapid development of urban basic pension insurance system,can as running representative of our basic pension insurance system. This paper is based on the basic pension insurance system as the breakthrough point,combining relevant theoretical and empirical,reveal the relations of basic pension insurance and urban household’consuption. Through the analysis of the present situation of our urban household’consuption and trends, discusses the perfection of the basic pension insurance system is necessity for promoting urban consumption and economic growth. On this basis, makes an In-depth analysis for the influence between basic pension insurance system and urban household’ consumption, and further improve the policy suggestions on perfecting the basic pension insurance system and promoting the Urban household’consuption.