Household financial literacy and retirement planning in rural China

Yuting QIAN, Weiqiang TAN, Jingbo WU

Research output: Contribution to journalArticlespeer-review


Amid the prevailing importance of discussing rural villagers' retirement in China, this study analyzes the relationship between the financial literacy of rural residents and their plans for retirement. Using in-depth survey data from the Greater Bay Area, this work examines the region's demographic structures and presents the different levels of rural residents' financial literacy. The findings are robust and indicate a positive correlation between financial literacy and retirement planning. The examination also reveals the moderating role of risk attitudes to explain how financial literacy influences plans for retirement. Subsequent programs for rural residents can enhance their financial literacy, address issues regarding retirement, and collectively attain shared prosperity. Copyright © 2024 Elsevier Inc.

Original languageEnglish
Article number103130
JournalInternational Review of Financial Analysis
Early online dateFeb 2024
Publication statusPublished - May 2024


Qian, Y., Tan, W., & Wu, J. (2024). Household financial literacy and retirement planning in rural China. International Review of Financial Analysis, 93, Article 103130.


Dive into the research topics of 'Household financial literacy and retirement planning in rural China'. Together they form a unique fingerprint.