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A Study on the Relationship between the Development of Social Insurance Industry and Economic Growth in China

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DOI: 10.25236/icefbd.18.082

Author(s)

Qiming Zhao, Dan Cheng

Corresponding Author

Qiming Zhao

Abstract

This paper studies China's social insurance industry development and economic growth in China from 2006 to 2015 and the current situation of the relationship between the two, using the method of principal component analysis on the level of development of the ten years of China's social insurance industry to make evaluation, to establish a regression model between China's social insurance industry development and the level of economic growth, to put forward feasible suggestions.

Keywords

Development of Social Insurance, The Economic Growth of China, Principal Component Analysis, Regression Analysis