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Friday, July 20, 2007

Chinese pay more attention to financial affairs

Chinanews, Hangzhou, July 20 - Chinese people today pay more attention to managing their money, due to the sharp price hike in the first 6 months of 2007, particularly the price hike of basic necessities like food, housing and energy.
Nowadays, most urban Chinese are doning the best to maintain a good life quality even when many things have become more and more expensive. Thus many of them have chosen to make investment.
"I have started to pay attention to the changes of CPI, and I keep the record of family expenses every day," said Mrs. Wang, a recently married young lady. In fact, many young ladies like Wang plan their every day expenditure carefully.
Mr.Wang, a clerk in a network company in Hangzhou, has made several investments on agricultural products, for their prices are rising. "One should make investments in various fields, to guarantee a maximum profit," said Mr. Wang. He believes that one should not deposit all the money in banks, for there is hardly any profit at all. The stock market is not a good choice, either, where the risk is too high, he said.

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