A recent survey has shown popular trends for those looking to get more bang for their buck.
The property, stock, production and service sectors are promising to be attractive channels of investment while gold, foreign currency, and savings deposits are gradually reducing in appeal, according to results from a National Financial Supervisory Commission (NFSC) survey of fluctuations in investment, consumption and accumulation behaviour of households to August 2014.
The results of the survey showed that people’s confidence in the real estate market is on the increase. The percentage of people investing in real estate saw a marked increase from 13 per cent to 24 per cent from early 2014 to the end of August the same year.
The survey also indicated that investment in production increased 18 per cent compared with the same period of 2013, while investment in services went up by 8 per cent. The NFSC believed that the trend may have contributed to the sudden growth in GDP over the first quarter of the year.
The purchase of stocks is also proving a popular option. Thanks to a more stable macroeconomic environment in the past three years, the confidence of both domestic and foreign investors has increased significantly. The stock market in 2015 is forecast to be more active.
Investment in foreign exchange, meanwhile, is predicted to remain steady despite the rise of the US dollar. The gold market contains too many risks due to new policies and the intervention of the State. NFSC, therefore, believe it to not be an attractive proposition.