This study sought to identify variables that impact financial decisions at the household level in both rural and urban regions in China. Additionally, it looked at the intersection of the Chinese economy and government, and the impact that these sectors may have on household consumption, saving, and borrowing. Government reforms and policies were taken into consideration to best review the literature. Relevant theories and literature were reviewed to determine variables of interest. To do this, four primary regression models were run using the Chinese Household Income Project (CHIP) survey dataset from 2013. With the cultural and historical context and the empirical model results, larger conclusions such as the gap between rural and urban regions, gender differences, and the presence of informal finance were demonstrated.


Jia, Emily


Chinese Studies; Economics; Global and International Studies


Arts and Humanities | East Asian Languages and Societies | Econometrics | Economic History | Economic Theory | Growth and Development | History | Income Distribution


Consumption, Income, Borrowing, Saving, Micro Finance, China, Rural, Urban, Gender, Household

Publication Date


Degree Granted

Bachelor of Arts

Document Type

Senior Independent Study Thesis



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