CHFS Questionnaire

Survey Questionnaire

Survey and Research Center for China Household Finance

Dec,2011

Statement

The questionnaire of the China Household Finance Survey (CHFS) is for internal

use only. Those who have access to this document should take great care not to lose or

disclose the contents to outsiders. Without explicit permission from the Research

Center of the China Household Finance Survey (CHFS), the questionnaire cannot be

used for any other purposes.

The Research Center of Chinese Household Finance Survey

Southwestern University of Finance and Economics

Dec, 2011

I

Table of Contents Part 1: Demographic Characteristics ................................................................................................. 1

I. Questionnaire Screening .................................................................................................................................... 1

2. Basic Family Member Information ................................................................................................................... 3

3. Family Member’s Occupation and Income Information ................................................................................. 10

4. Subjective Attitude of Respondent .................................................................................................................. 21

Part 2: Assets and Liabilities ..................................................................... 22

1. Non-Financial Assets ...................................................................................................................................... 23

(I) Family business ...................................................................................................................................... 23

( II) Land and Real Estate ........................................................................................................................... 30

(III) Vehicles................................................................................................................................................ 41

(IV) Other Non-Financial Assets................................................................................................................. 45

(2) Financial Assets ............................................................................................................................................. 46

(I) Demand Deposits ................................................................................................................................... 47

(II) Time Deposits (Certificates of deposit) ................................................................................................ 48

(III) Stocks .................................................................................................................................................. 49

(IV) Bonds................................................................................................................................................... 52

(V) Fund ..................................................................................................................................................... 53

(VI) Derivatives .......................................................................................................................................... 54

(VII) Financial Wealth-management Products ............................................................................................ 56

(IIX) Non-RMB Denominated Assets ......................................................................................................... 58

(IX) Gold ..................................................................................................................................................... 59

(X) Cash ..................................................................................................................................................... 60

(XI) Lending ............................................................................................................................................... 61

(3) Other Liabilities ............................................................................................................................................. 62

(I) Education Loans ..................................................................................................................................... 62

(II) Credit Cards .......................................................................................................................................... 64

(III) Other .................................................................................................................................................... 66

(I) Social Security, Insurance and Annuity .................................................................................................. 68

(II) Medical Insurance ................................................................................................................................. 75

(III) Unemployment Insurance .................................................................................................................... 77

(IV) Housing Fund ...................................................................................................................................... 78

2. Commercial Insurance .................................................................................................................................... 81

(I) Commercial Life Insurance .................................................................................................................... 82

(II) Commercial Health Insurance............................................................................................................... 84

(III) Commercial Pension Insurance ........................................................................................................... 84

(IV) Commercial Property Insurance .......................................................................................................... 85

(V) Other Commercial Insurance ................................................................................................................ 86

II

Part 4: Income and Expenditure .............................................................. 87

I. Consumer Spending ......................................................................................................................................... 87

(II) Transfer Expenditure .................................................................................................................................... 90

(III) Other Expenses ............................................................................................................................................ 90

(IV) Transfer Income .......................................................................................................................................... 91

(V) Other Income ................................................................................................................................................ 92

(VI) Other ............................................................................................................................................................ 93

1

Interviewer Observations

Note to interviewer：The following questions are to be finished based on your own on-site observation or

by asking the local contact person. You do not need to consult the chosen household.

[J1001] Where is the respondent’s home located？

1. Downtown of Large City

2. Outskirts of Large City

3. Large Town

4. Small Town

5. Rural Area/Village

[J1002] How many minutes does it take the chosen household to travel to the city/town center？

[J1003] Method of transportation

1. Foot

2. Bicycle

3. Motorbike or Electric Cart

4. Bus

5. Subway/Light Rail

6. Own Car

7. Other (Please specify)

[J1004] Which kind of construction structure does the surveyed household live in？

1. Farmhouse（Skip to [J1006]）

2. Single-family or duplex house （Skip to [J1006]）

3. Multiplex

(two or more families) townhouse

4. Residential building with 1 to8 units

5. Residential building with nine units or

more, but less than 8 floors

6. Highrise with nine or more floors

（Skip to J1006]）

[J1005] How many floors does the building where the surveyed household live have ？

[J1006] How much is this building worth approximately？

1. Under 50,000

2. 50,000-200,000

3. 200,000-500,000

4. 500,000-1 million

5. 1-1. 5 million

6. Over 1. 5 million

[J1007] Does the surveyed household home face southward?

1. Yes 2. No

If [J1001]=1,2,3，then ask [J1008]- [J1010]，otherwise skip to [J1011]。

[J1008] Does this neighborhood has property management service？

1. Yes 2. No

[J1009] What is the approximate value of a typical car in the neighborhood？

1. Under 30,000

2. 30,000-100,000

3. 100,000-200,000

4. 200,000-500,000

2

5. Over 500,000

[J1010] How much does a parking lot cost in this neighborhood？

1. Under 50,000

2. 50,000-100,000

3. 100,000-150,000

4. 150,000-200,000

5. 200,000-250,000

6. Over 250,000

7. No Parking

[J1011] Do residents in this village/neighborhood have any petted animals such as dogs?

1. Yes 2. No

[J1012] Is the village/neighborhood accessible by car?

1.Yes 2.No

Note to Interview: Please give a grade ranging from 1 to 10, 1 for extremely messy, 10 for very clean.

[J1013] How clean are the roads in the community/town？

Note to Interview：Please mark 1-10，1 for extremely messy, 10 for very neat.

[J1014] How neatly are the buildings in the community/town are laid out：

Note to Interview：Please mark 1-10，1 for crowded, 10 for open.

[J1015] The level of crowdedness in the community/town：

Note to Interview: Please mark 1-10, 1 for poor, 10 for great.

[J1016] The level of “greenness” in the community/town：

Note to Interview: Please mark 1-10, 1 for poor, 10 for rich.

[J1017] The level of prosperity of the community/town is：

1

Part 1: Demographic Characteristics

I. Questionnaire Screening

[A1001] Is the respondent’s address the “loaded address” ？

1. Yes 2. No（Search for another household to visit）

[A1002] Can this palce be considered as a residence?（including business-residential building）

1. Yes

2. No (Re-search another surveyed

household)

[A1003] How many families live in this house？

Note to Interviewer Note: Make a judgment on whether the house is lived by more than one family

or not based on financial independence, for example: a rented place shared several households

or related but now financially independent households living under the same roof. For more

than one family, CAPI randomly selects one for visit.

[A1003a] If [A1003]>1，CAPI Cyclic Loading：

Name of the head of the [i] household is：

CAPI randomly selects one for visit. Continue with the following questions.

[A1007] Is the main economic activities of your family carried out this city/county?？

1. Yes

2. No (Re-search another surveyed household)

[A1008] Did anyone in your family live in this city/county for more than six months over the past

year？

1. Yes

2. No (Re-search another surveyed household)

[A1009] Does anyone in your family hold citizenship of a foreign country, or passport from the

government of Hong Kong, Macao, or Taiwan?

1. The whole family does（Re-search another surveyed household)）

2. Some

3. None

[A1010], Aside from this residence, how many other residences do your family live in this village/

community? This includes rented properties but does not include properties that are rented

out. 。

2

If none, mark 0；if they don’t know，please mark -9。

[A1011] Aside the residence(s) from the village/ community, does your family have any other

residence in China? This includes rented properties, but does not include homes rented out.

If none, mark 0, if they don’t know，mark -9.

[A1013] Which member of your family has the best knowledge of your household financial situation?

Interviewer Note: Please record the-name of the person with most knowledge of the household financial

situation and define him/her as the respondent. Other family members should only take advisory roles

in answering the subsequent questions. If the respondent is not at home, please record his/her contact

information and make an appointment for a re-visit.

If A1003a=A1013，A1004 is loaded as 1and skip to next automatically.

[A1014] Who is the head of your household？[Card A0]

1. Respondent

2. Spouse or Partner

3. Parents

4. Parents-in-law

5. Grandparents/ Grandparents- in-law

6. Children

7. Daughter-in-law/son-in-law

8. Grandson/Granddaughter

9. Granddaughter-in-law/ Grandson-in-law

10. Brothers and Sisters

11. Other (Please Specify)

3

2. Basic Family Member Information

Display: Below we would like to gain an understanding of your family members who have economic ties with you. Let’s start with you self.

Note to Interview：

1. If the person who falls into one of the following seven categories but still keeps economic ties with the family, they should be included as family

members.

（1） Student away from home；（2）Working away from home ；（3） Monk；（4） away for visiting friends/relatives；（5）Incarcerated ；（6）

Military Service ；（7）Abroad (including travel, work, study, visit relatives);（ 8）Married and moved out temporarily

2. Do not include nannies, drivers, etc.

[A2000] How many family members are in your family? Start with yourself.

Family Member Code [Numbered] 01 02 03 04 05 06 07 08

[A2001] What is the relationship of [name] to the respondent?

[Card A0]

1. Respondent

2. Spouse/Partner

3. Parents

4. Parents-in-law

5.Grandparents/ Grandparents- in-law

6.Children

7. Daughter-in-law/son-in-law

8.Grandson/Granddaughter

9.Granddaughter-in-law/ Grandson-in-law

10.Brothers and Sisters

11.Other（Please Specify）

[A2002]

Full Name

4

[A2003] [CAPI load name]sex is

1. Male 2.Female

[A2004] [CAPI Load name]Does he/she live with you?

1. Yes

2. No

[A2005]

[A2006]

[CAPI LOAD NAME]Birth month and year ____Year

____Month

____Year

____Month

____Year

____Mon

th

____Year

____Mon

th

____Year

____Mon

th

____Year

____Mon

th

____Year

____Mon

th

____Year

____Mon

th [A2008] Which calendar do you use when answering the previous

question? (only ask respondent and his/her spouses)

(1) Gregorian Calendar (2) Lunar Calendar

[A2009] CAPI automatically filled, interviewer will later confirm

[CAPI Load name]’s zodiac sign is？

1. Rat 2. Cow 3.Tiger 4. Rabbit 5. Dragon 6. Snake 7. Horse

8. Sheep 9. Monkey 10. Chicken 11. Dog 12. Pig

5

[A2010] [CAPI Load name]’s nationality？（Only ask the respondent

and his/her spouses）If A1009=3，automatically assign 1

1. Mainland Chinese

2. Hong Kong, Macao, Taiwan

3. American/Canada（Skip to [A2012]）

4. Europe (Skip to [A2012])

5. Other Asian Countries（skip to [A2012]）

6. Other Countries（skip to[A2012])

[A2011] [CAPI LOAD NAME]’s ethnicity？(Only ask respondent

and his/her spouses)

6

Ethnic Groups’ code table (Ranked in alphabetic order, except for Han) Twelve Animals and the Corresponding Years

Code Nationalities Code Nationalities Code Nationalities

1 Han 20 Kazak 39 Pumi

2 Achang 21 Hezhen 40 Qiang

3 Bai 22 Hui 41 Salar

4 Bao'an 23 Jino 42 She

5 Bulang 24 Jing 43 Shui

6 Bouyei 25 Jingpo 44 Tajik

7 Tibetan 26 Kirgiz 45 Tartar

8 Korean 27 Lahu 46 Tujia

9 Daur 28 Li 47 Tu

10 Dai 29 Lisu 48 Va

11 De'ang 30 Loba 49 Uygur

12 Dongxiang 31 Manchu 50 Ozbek

13 Dong 32 Maonan 51 Xibo

14 Drung 33 Mongba 52 Yao

15 Russian 34 Mongolian 53 Yi

16 Oroqen 35 Miao 54 Gelo

17 Ewenki 36 Mulam 55 Yugu

18 Gaoshan 37 Naxi 56 Zhuang

19 Hani 38 Nu

Rat 1996: 1984: 1972: 1960: 1948: 1936: 1924: 1912: 1900:

Ox 1997: 1985: 1973: 1961: 1949: 1937: 1925: 1913: 1901:

Tiger 1998: 1986: 1974: 1962: 1950: 1938: 1926: 1914: 1902:

Hare 1999: 1987: 1975: 1963: 1951: 1939: 1927: 1915: 1903:

Dragon 2000: 1988: 1976: 1964: 1952: 1940: 1928: 1916: 1904:

Snake 2001: 1989: 1977: 1965: 1953: 1941: 1929: 1917: 1905:

Horse 2002: 1990: 1978: 1966: 1954: 1942: 1930: 1918: 1906:

Sheep 2003: 1991: 1979: 1967: 1955: 1943: 1931: 1919: 1907:

Monkey 2004: 1992: 1980: 1968: 1956: 1944: 1932: 1920: 1908:

Rooster 2005: 1993: 1981: 1969: 1957: 1945: 1933: 1921: 1909

Dog 2006: 1994: 1982: 1970: 1958: 1946: 1934: 1922: 1910

Pig 2007: 1995: 1983: 1971: 1959: 1947: 1935: 1923: 1911

7

[A2012] If（survey year- [A2005]）is calculated to be under 16，

then skip to[A2017]

[CAPI LOAD NAME]’s education level is？[Card A2]

1.Never Attended School（skip toA2015）

2.Primary School（skip toA2015）

3.Junior High（skip toA2015）

4.High School（skip toA2015）

5.Secondary/Vocational School（skip toA2015）

6.College/Vocational（skip toA2015）

7.Undergraduate Degree

8. Masters Degree

9.PhD

[A2012a] Was the degree acquired abroad？

1.Yes

2. No

[A2015] [CAPI LOAD NAME]’s political affiliation？（Only ask

respondent and his/her spouses）

1.The Youth League

2. Chinese Communist Party

3. Democratic Parties or other parties

4.General public

8

[A2017] Last year, did[CAPI LOAD NAME]live in this county/city for

more than six months? (Only ask respondent and his/her

spouses)

1. Yes 2. No

[A2018] If（survey year- [A2005]）is calculated to be younger

than 16, then skip to[A2028]

[CAPI LOAD NAME]has this county/city’s residence

permit? （Only ask those whose citizenship is of Mainland

China)

1. Yes（skip to[A2022]）

2. No

[A2019] [CAPI LOAD NAME]has which province’s residence

permit？(Only ask the citizenship of respondent in mainland

China and his/her spouses)

[A2020] [CAPI LOAD NAME]has which county/city’s residence

permit? (Only ask the citizenship of respondent in mainland

China and his/her spouses)

[A2021] [CAPI LOAD NAME]in which year began living in this

city/county? (Only ask the citizenship of respondent in

mainland China and his/her spouses)

[A2022] Does[CAPI LOAD NAME]have an agricultural residence

permit, or a non-agricultural residence permit? （Only ask the

nationality of family members in mainland China）

1. Agricultural

2. Non-Agricultural（skip to[A2024]）

9

[A2023] Locally, is your /[CAPI load spouses name]’s surname

prominent？(Just ask respondent and spouses)

1. Yes

2. No

[A2024] [CAPI LOAD NAME]’s marital status ？ [CardA3]

（Only ask those over 16）

1 Single（skip to[A2028]）

2Married

3Cohabitation

4Separated（skip to[A2028]）

5Divorced（skip to[A2028]）

6Widowed（skip to[A2028]）

7 Other

[A2025] Married/Cohabitated in which year？（Only ask respondent

and his/her spouses）

Interviewer Note： A2028-A2030 just ask family members older than 16

[A2028] [CAPI LOAD NAME]has how many brothers, not including

himself? (Only asked respondent and his/her spouses）

[A2029] [CAPI LOAD NAME]has how many sisters, not including

herself？（Only asked respondent and his/her spouses）

10

[A2030] Amongst these brothers and sisters，[CAPI LOAD NAME]’s

birth order is？（Only asked respondent and his/her spouses）

If no brothers or sisters please mark 0，if A2028=0 and

A2029=0，then A2030will automatically load 0，and skip to

the next person.

3. Family Member’s Occupation and Income Information

Note: Except for the respondent and his/her spouse, only ask other family members about A3003 andA3006

Main Work Information

[CAPI]：Only ask those of age 16 and above about [A3002]~[A3044]

Family member code 01 02 03 04 05 06 07 08

[A3000] Does[CAPI LOAD NAME]have a job now， including farming？

（Only ask family members who are older than 16)

1. Yes（skip to[A3002]） 2．No

11

[A3001] Why doesn’t[CAPI LOAD

[CardA4]

1. Student

2. Housewife

3. Incapacitated

4.Seasonal worker, currently

out of season

→If Select 8, skip

to[A3039], the others

to[A4001]

NAME]have a job?

5. In vacation/Sick/Maternity leave

6. Unemployed,

7. Unwilling to work

8. Retired

9. Other

→For family members older than 16, cycle through [A3002]~[A3042]

[A3002] At present,[CAPI LOAD NAME]has how many jobs?

Note to Interview: If more than one job, respondent should be told: “Let’s first discuss your most important job”.

[A3003] What is the nature of the job？[Card A5]

1. Employed by others or an organization

2. Self-employment, start-up（skip to[A3029]）

3. Farming at home（skip to[A3028]）

4. Hired back by previous employer after retirement

5. Freelance

6.Other（personnel in military/volunteer skip to [A3029]）

12

[A3005] Which broad professional category does this job fall into? [Card

A5a]

1.Administrator in government office, party and mass organization,

enterprise and public institution

2. Professionals

3. Staff and supporting personnel

4. Business and service personnel

5. Agriculture, Forestry, Animal husbandry and Fishery

6. Production or transportation equipment operators and related

personnel

7. Soldier

13

[A3006] Which industry does this job fall

1. Agriculture, Forestry, Animal

husbandry and Fishery

2. Mining 3. Manufacturing

4. Production and supply of

Electricity, gas and water

5. Construction

6. Transport, storage and postal

services

7. Information transmission,

computer services and software

industry

8. Wholesale and retail

9. Hospitality and food service

10. Finance

11. Real Estate

12. Rental and business services

13. Scientific research,

technological services and

geological survey

under?[Card A5b]

14. Water resource,

environment, and public

facilities management

15. Domestic/Residential

services and other services

16. Education

17. Health, social security, and

social welfare

18. Culture, sports and

entertainment

19. Public administration and

social organization

20. International organization

21. Other

[A3007] How many years have you been in this work unit?

[A3008] What is your professional or technical title in this position？[Card

A6]

1. No title 2. Technician

3. Junior title 4. Middle-level title

5. Senior title 6. Honorary title

14

[A3009] What is your job title? [Card A7]

1. Ordinary staff/worker （ skip

to[A3011]）

2.（Sub) Team Leader

3. (Deputy) Section Chief

4. (Deputy) Director of a division

5. (Deputy) Director-General of a

bureau and above

6. Village Cadre

7. Township Cadre

8. Division leader of the work

unit

9. Top leader of the work unit

10. Other (Please specify)

[A3010] How many years have you been in this position?

[A3011] Last year, how many months did you in this capacity?

[A3012] Last month, how many days did you work per week on average?

[A3013] Last week, how many hours did you work per day on average?

[A3014] What type of work unit do you

work for?

1. Government agency

2. Public Institution

3. Enterprise

4.NGO

5. Military


[A3015] [CAPI LOAD NAME]’s work unit belongs to which type of

establishment？

1. No establishment

2. Administrative personnel (civil servants)

3. Public institution establishment

4. Military establishment

→if A3014≠3，skip toA3020

15

[A3016] What is the nature of[CAPI LOAD NAME]’s work unit?[Card A8]

1.State-owned/ State Controlled

2. Collectively owned/ Collectively Controlled

3. Private (without foreign investment)

4. Wholly Foreign Owned

5. Hong Kong, Taiwan, Macao owned

6. Sino-Foreign Joint Venture

7. Other Cooperative Venture


[A3018a] Has the enterprise been listed on stock exchange? (Only asked when

A3014=3)

1. Listed

2. Not Listed

[A3020] Last year, how much do you earn for after-tax wage? (net of

Insurances and Housing Fund, bonuses, subsidies, and subsidy

in-kind (Unit: RMB)[Method of inquiry]

(If the respondent does not know or is not willing to answer then

ask[A3020it])

16

[A3020it] Which range does your last year’s after-tax wages fall into? [Card

R1]

1. Under 10,000

2. 10,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,000,000-2,000,000

9. Over 2,000,000

[A3022] Last year, how much bonuses did you receive after taxes? This

includes monthly bonus, quarterly bonus, semi-annual bonus, annual

bonus, festival bonus, stock dividends from your company stocks

and other bonuses. [Method of inquiry]

(If respondents do not know or do not want to answer the question

then ask[A3022it])

17

[A3022it] Which range does your last year’s after-tax bonuses fall into?[Card

R1]

1. Under 10,000

2. 10,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,000,000-2,000,000

9. Over 2,000,000

[A3023] Last year, how much else were you paid in after-tax subsidies or

subsidy in-kind? This includes food, medical , transportation,

communication and housing subsidies[Method of Inquiry]

[A3024] Last year, how much personal income taxes did you pay in total?

This includes taxes on salary, bonuses, and subsidies. [Method of

Inquiry]

Note to Interview：[A3002]>1，then ask [A3029]~[A3037]。IfA3002 = 1，skip toA4001

[A3028] [CAPI LOAD NAME]what is the nature of the second job ?

[Card A5]

1. Employed by others or an organization

2. Self-employment, start-up（skip to[A4001]）

3. Farming at home（skip to[A4001]）

4. Hired back by previous employer after retirement

5. Freelance

6． Other（skip to [A4001]）

18

[A3029] Last year, how many months did you spend on the job in total?

[A3030] Last month, on average how many days did you work a week?

[A3031] Last week, on average how many hours did you work a day?

[A3036] After taxes how much money can be obtained from the second

job ? This includes bonuses, subsidies and real subsidies. [Method

of Inquiry]

(If the respondent does not know or is unwilling to answer then

ask[A3036it])

[A3036it] Last year, after-tax income from the second job was in which of the

following ranges? [Card R1]

1. Under 10,000

2. 10,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,000,000-2,000,000

9. Over 2,000,000

[A3037] Last year, personal income taxes paid on second job totaled was

how much? This includes monetary wages, bonuses, and subsidies

paid. [Method of Inquiry]

→skip to[A4001]

Work History

[A3039] How old were you when you started your first job?

19

[A3040] How many jobs have you had so far?

（If 0，then skip to[A4001]）

[A3041] Which broad professional category does[CAPI load A3040

select]job fall into? [Card A5a]

1. Administrator in government office, party and mass

organization, enterprise and public institution

2. Professionals

3. Staff and supporting personnel

4. Business and service personnel

5. Agriculture, Forestry, Animal husbandry and Fishery

6. Production or transportation equipment operators and related

personnel

7. Soldier

20

[A3042] What industry does the se

under?（Can select multiple）

1. Agriculture, hunting

forestry and fishing

2. Mining and quarrying

3. Manufacturing

4. Electricity, gas and water

and supply

5. Construction

6. Transportation, storage

and communications

7. Information transmission,

computer services and

software industry

8. Wholesale and retail trade

9. Accommodation and food

service activities

10. Financial intermediation

[CAPI load A3040 select] job fal l

[Card A5b]

11. Real Estate activities

12. Renting and business services

13. Scientific research, technical

services and geological prospecting

14. Water, environment, and public

facilities management

15. Resident services and other

services

16. Education

17. Health and social work

18. Culture, sports and entertainment

19. Public administration and social

organization

20. International organization

21. Other

21

4. Subjective Attitude of Respondent

Display: Below we would like to ask a few questions relating to your subjective attitude.

[A4001] What are your main methods of obtaining information?（Can Choose Multiple）[Card A10]

1. Newspapers/Magazines

2. Television

3. Radio

4. The Internet

5. SMS

6. Family, Friends and Coworkers

7.Other (Please Specify)

[A4002] What type of information are you most interested in?（Can Choose Multiple）[Card A11]

1. Politics

2. Economics

3. Society

4. Science and education

5. Sports

6. Entertainment

7. Military

8. Health

9. Other（Please Specify）

[A4003] Assume you have some assets to invest, which type of project would you invest in?[Card A12]

1. High Risk, High Return

2. Slightly above-average risk, slightly above-average return

3. Average risk, average return projects

4. Slightly below-average risk, slightly below-average return

5. Unwilling to take any risk

[A4004] When the value of your assets rises, are you willing to spend more?

1. Very likely

2. Likely

3. Maybe

4. Unlikely

5. Very unlikely

[A4005] What do you expect of China’s economic prospect in the next three to five years?

1. Much better

2. Better

3. As good as now

4. A little worse

5. Much worse

[A4006] What do you think of the public safety in this locality?

1. Extremely good

2. Good

3. So-so

4. Poor

5. Very Poor

[A4007] In which direction do you expect the interest rate to move in the coming year?

1. Rise a lot

2. Rise a little

3. Almost no change

4. Reduce a little

5. Reduce a lot

22

[A4008] In which direction do you expect the commodity prices to move in the coming year?

1. Rise a lot

2. Rise a little

3. Almost no change

4. Reduce a little

5. Reduce a lot

[A4008a] In the coming year do you expect home prices to change?

1. Rise a lot

2. Rise a little

3. Almost no change

4. Reduce a little

5. Reduce a lot

[A4008b] Do you normally wear car seatbelts?

1. Yes

2. It depends

3. No

[A4009] How much did your family donate for the relief of Wenchuan earthquake in 2008? Please

estimate the monetary value of the donation in-kind if any。（Unit: RMB）

[A4010] When you cross the road do you follow traffic rules and wait for the stop light?

1. Always comply

2. Disobey on occasion

3. It depends

4. Rarely obey

→If A2001 select option 6 and A2005>=1986，then ask A4010a，if not, skip to A4011c

[A4010a] Do you plan to send your kids to study abroad?

1. Yes 3.No

2.It depends

[A4011c] Overall , do you feel happy?

1. Extremely happy

2. Happy

3. So-so

4. Unhappy

5. Extremely unhappy

[A4012] Assume that the current interest rate is zero and there is no price inflation to be factored in, ,

which of the following payments would you prefer, 1000 RMB on tomorrow or 1100 RMB

in one year?

1. Get 1000 RMB tomorrow 2. Get 1100 a year from now

Part 2: Assets and Liabilities

Guide：Below we will ask some questions relating to your family assets and liabilities,

including those of all family members mentioned above. Let’s begin with your family’s

non-financial assets.

23

1. Non-Financial Assets

（I) Family business

Agriculture

[B1001] In the last year, did your family engage in agricultural production? This includes agriculture, forestry,

animal husbandry and aquaculture, but does not include any work you were hired to do by others.

1. Yes

2. No（skip to [B2001]）

[B1002] Last year, how many members of your family were engaged in agricultural production?

[B1003] Last year, on average, how many months were they engaged in agricultural production?

（Don’t know, mark-9）

[B1004] Last year, what kind(s) of agricultural production was your family engaged in? （Can

Choose Multiple）[Card B1]

1． Staple Crops

2． Cash Crops

3． Forestry

4． Animal Husbandry

5． Aquaculture

6． Other（Please Specify）

[B1005] Last year, how much gross income did your family make from the agricultural activities?

(Unit: RMB)[Method of Inquiry]

（If the respondent does not know or is unwilling to answer then ask [B1005it])

[B1005it] Which of the following range dose your family gross income from agriculture falls

into?[Card R2]

1. Under 20,000

2. 20,000-50,000

3. 50,000-100,000

4. 100,000-200,000

5. 200,000-500,000

6. 500,000-1,000,000

7. 1,000,000-2,000,000

8. 2,000,000-5,000,000

9. 5,000,000-10,000,000

10. Over 10,000,000

[B1006] Last year, did your family receive any subsidy for agricultural production?

1. Yes

2. No（skip to[B1011]）

[B1007] What type of subsidy?

1． Cash

2． Subsidy in-kind（skip to[B1009]） 3.Both

24

[B1008] How much is the cash subsidy? (Unit: RMB)

If [B1007]=1，skip to[B1011]

[B1009]Which of the following subsidy in-kind did you receive?（Can Choose Multiple）[Card B2]

1. Pesticide/Fertilizer

2. Seeds/Seedlings

3. Livestock/Cubs

4. Fish or shrimp Eggs

5. Agricultural Machinery


[B1010]What would be the market value of these subsidy in-kind?

[B1011] Last year, in addition to family members engaged in agriculture, how much did your family

spend to hire outside helpers?

（Don’t know mark-9)

[B1012] Last year, what was the total cost of your family’s agricultural activities? [Method of

Inquiry]

(If respondent does not know or is unwilling to answer then ask [B1012it])

[B1012it] By your estimation, total cost from this project falls into which of the following

ranges?[Card R2]

1. Under 20,000

2 . 20,000-50,000

3 . 50,000-100,000

4. 100,000-200,000

5 . 200,000-500,000

6 . 500,000-1,000,000

7 . 1,000,000-2,000,000

8 . 2,000,000-5,000,000

9 . 5,000,000-10,000,000

10. Over 10,000,000

[B1013a] What would be the market value of the outputs from your family’s agricultural activities?

(Unit: RMB)

[B1013] Currently, which farm machinery does your family own, except for tractors? [Card B3]

1． Rice husk grinder

(includes pulverizer)

2． Powered sewing machine

3． Harvester

4． Pumps （ Includes water

pump）

5． Livestock machinery

6． Forestry machinery

7． Aquaculture machinery


9. None（skip toB2001）

[B1014] How much are those farming machinery worth?[Method of Inquiry]

（Don’t know mark-9）

25

Industry & Commerce

Note to Interview ： Here “Industrial & commercial projects” includes

self-employment and private enterprise.

[B2001] Last year, did your family engage in any industrial or commercial projects?

1. Yes

2. No（If [B1001]=1，skip to[B3001] ；if [B1001]=2，skip to [C1001]）

[B2002] In total, how many projects were your family being part of?

（If the respondent does not know, mark-9)

If [B2002]=1，then skip to[B2004]

[B2003a] Currently, what is the total assets of these projects, not including the value of your own

house used by these projects.(If the respondent doesn’t know, please mark -9, if the

respondent is unwilling to answer please mark -7)

[B2003b] Last year, what was the revenue/gross income from these projects？[Method of Inquiry]

（(If respondent doesn’t know, please mark -9; if the respondent is unwilling to answer,

please mark -7)）

[B2003c] Last year, what was the net profit from these projects?[Method of Inquiry]（(If respondent

doesn’t know, please mark -9; if the respondent is unwilling to answer, please mark -7)）

If [B2002]>1Show：Next, we would like to ask about your family’s most important industrial or

commercial endeavor?

[B2004] In which year did your family begin this project？

[B2005]Initially, how was this project started?[Card B4]

1. Initiated by your family alone

2. Bought into

3. Inherited/Gifted

4. Joined as a partner

5. Other

[B2006] Currently, how much does your family own this venture?

（(If respondent doesn’t know, please mark -9; if the respondent is unwilling to answer,

please mark -7)）

[B2007] What industry does this project fall under? [Card B5]

1. Mining

2. Manufacturing

3. Electricity, gas and water production and supply

4. Construction

5. Transportation, storage and postal industry

6. Information transmission, computer services and software industry

26

7. Wholesale and retail trade

8. Hospitality

9. Finance

10. Real Estate

11. Leasing and Business services

12. Scientific research, technical services and geological prospecting

13. Water environment and public facilities

14. Residential services

15. Education

16. Health, social security and social welfare

17. Culture, sports, entertainment

18. Public administration and social groups

19. International organizations

20. Other[B2008] What is the organizational form of this project? (Don’t use card）

1. Joint stock company

2. LLC

3. Partnership

4. Wholly owned enterprise

5. Self-employed /single

proprietorship

[B2009] Aside from your family members, currently, how many outside employees do hire in this

project?

（If respondent doesn’t know, please mark -9）

[B2010] Are you or your family members actively involved in day-to-day management of this project?

1.Yes 2. No（skip to[B2013]）

[B2012] In atypical week, how many days do you or your family members work on this project？


[B2013] Currently, what is the total assets of this project, not including the value of your own house

utilized by the project?

（If respondent doesn’t know or is unwilling to answer then ask[B2013it]）

[B2013it] The total assets of this project fall into which range？[Card R2]

1. Under 20,000

2 . 20,000-50,000

3 . 50,000-100,000

4. 100,000-200,000

5 . 200,000-500,000

6 . 500,000-1,000,000

7 . 1,000,000-2,000,000

8 . 2,000,000-5,000,000

9 . 5,000,000-10,000,000

10. Over 10,000,000

[B2014] Last year, what was the revenue/gross income of the project?[Method of Inquiry]

(If respondent doesn’t know or is unwilling to answer then ask [B2014it])

[B2014it] By your estimation, income from this project falls into which of the following ranges?

[Card R2]

27

1. Under 20,000

2 . 20,000-50,000

3 . 50,000-100,000

4. 100,000-200,000

5 . 200,000-500,000

6 . 500,000-1,000,000

7 . 1,000,000-2,000,000

8 . 2,000,000-5,000,000

9 . 5,000,000-10,000,000

10. Over 10,000,000

[B2014a] How was the profitability of this project last year？

1. Profitable 2. losing money 3. Flat

[B2015] Last year how much money did the project[load B2014a]make/lose?[Method of Inquiry]

(If respondent doesn’t know or is unwilling to answer then ask [B2015it])

[B2015it] Your estimation of this project’s[CAPI load B2014a options]profitability/loss is within the

range of : [Card R2]

1. Under 20,000

2 . 20,000-50,000

3 . 50,000-100,000

4. 100,000-200,000

5 . 200,000-500,000

6 . 500,000-1,000,000

7 . 1,000,000-2,000,000

8 . 2,000,000-5,000,000

9 . 5,000,000-10,000,000

10. Over 10,000,000

Agricultural/Business Related Bank Loans

[B3001] For the above[CAPI load：if B1001is 1，indicates agriculture，if B2001 is 1，indicates

industrial/commerce ； if both are 1 ， indicates agriculture and

industrial/commercial]business activities, do you currently have any bank loans?

1. Yes（skip to[B3004]）

2. No

[B3002] Why don’t you have loans？（Card B7）

1. No need（skip to[B3030]）

2. Need loans, but have never applied

3. Applied for loans but was denied（skip to[B3003]）

4. Had a loan but paid it off (skip to [B3030])

[B3002a] Why hasn’t your family applied for a loan？（Can Choose Multiple）（Do not use card）

1. Don’t know how to apply

2. Don’t have confidence the loan would be granted at all

3. The application process is too troublesome

4. Other（Please Specify）→skip to[B3030]

[B3003] Why do you think your loan was rejected？（Can Choose Multiple）[Card B8]

1. Still had debt to pay off

2. No guarantor

3. Not familiar with the loan officer

4. Income is low, loan officer is worried

5. No collateral

6. Bad credit history

7. Project is too risky

8. Policy reasons

28


→skip to[B3030]

[B3004]How many batches of loans do you have currently？


[B3004a]What was the total amount of loans taken from banks?（Unit:RMB）[Method of Inquiry]


[B3005] Currently，what is amount of the outstanding loan(s) [CAPI load B3004 option]?（Unit:

RMB）[Method of Inquiry]


[B3005it] The amount of the outstanding loan(s) is within the range of: ？[Card R2]

1. Under 20,000

2 . 20,000-50,000

3 . 50,000-100,000

4. 100,000-200,000

5 . 200,000-500,000

6 . 500,000-1,000,000

7 . 1,000,000-2,000,000

8 . 2,000,000-5,000,000

9 . 5,000,000-10,000,000

10. Over 10,000,000

If [B3004]>1，show：Next, we would like to gain an understanding of your family’s largest loan from

a bank.

[B3006] In which year did your family take this loan？

[B3007] Last year how much was the interest on this loan？（Unit: RMB）

If B3004 = 1，skip to B3009

[B3008] How much was the loan？（Unit: RMB）[Method of Inquiry]

[B3009] What type of loan is it? [CardB9]

1. Collateral loan

2. Hypothecated Loan

3. Guaranteed Loan

4. Credit

[B3010] Which bank did offer the loan？[CAPI]：List the financial institutions name.

[B3011] What is/are the main reason(s) for choosing this bank？（Can Choose Multiple）[CardB10]

1. Low interest rates

2. Past experience in

transaction

3. Easy to get approved

4. Low fees

5. Personal relationships

6. Flexible loan terms

7. Good reputation

8. Market position

9. Good service

10. Convenient hours, and

location

11. No right to choose


→If B3004=1，then skip to B3022

[B3018] Currently, how much is the outstanding loan? (Unit: RMB）

29

（If respondent doesn’t know, please mark -999）。

[B3022] What is the annual interest rate of the loan? （%）

（If respondent doesn’t know, please mark -99；if no interest is charged then mark-88）

[B3023] Is the interest rate adjustable？

1. Yes 2.No（skip to[B3030]）

[B3024] What happened to the most recent rate adjustment？

1. Rose

2. Fell

3. None（skip to[B3030]）

[B3025]What is the annual interest rate (%) now?

（If respondent doesn’t know, please mark -99；if interest is not charged then mark-88）

[B3030] Aside from bank loans, has your family borrowed any money from other sources for

business activities?

1. Yes 2. No（skip to[C1001]）

[B3031] How much was the loan？（Unit: RMB）

[B3033] Currently, how much is the loan outstanding？（Unit: RMB）[Method of Inquiry]


[B3033it] The amount you still owe is within the range of:[Card R2]

1. Under 20,000

2 . 20,000-50,000

3 . 50,000-100,000

4. 100,000-200,000

5 . 200,000-500,000

6 . 500,000-1,000,000

7 . 1,000,000-2,000,000

8 . 2,000,000-5,000,000

9 . 5,000,000-10,000,000

10. Over 10,000,000

[B3035] Who were the creditors of the loans？[Card B13]（Can Choose Multiple）

1. Parents

2. Sons and daughters

3. Siblings

4. Other relatives

5. Friends/colleague

6. Informal financial

organizations

7. Other

Note to Interview：From the first payment of principal or interest.

[B3039a] Did this loan have an explicit pay-off schedule?

1. Yes 2. No

30

[B3043a] Last year what was the total amount of interest your family paid on these loans?

(Unit:RMB)

(2) Land and Real Estate

Display：Below, we would like to gain an understanding of the real estate and land your

family owns

[C1001] Which of the following does best describe the place your family live？（directly read

options）

1． Owned by family members

（skip to[C2002]）

2． Rented

3． Free

[C1002]Who own this house？[Card B14]

1. The State

2. Work unit

3. Parents

4. Parents-in-law

5. son/daughter-in law

6. daughter/son-in law

7. Grandson/Granddaughter-in-law

8. Granddaughter/Grandson-in-law

9. Sibling

10. Other relatives

11. Non-relatives

[C1003] Does your family[CAPI load C1001 option] live in part of the house，or the whole house ?

1． Whole house

2． Part of the house/ one of the rooms（skip to[C1005]）

[C1004] How many square meters is the actual living space of the house?

→skip to[C1006]

[C1005] How many square meters is the actual living space your family occupies if the house is

shared[CAPI load C1001 option]？

(If respondent doesn’t know, please mark -9)

[C1006]How many minutes does it take to get to the nearest city/county center from this house?

(If respondent doesn’t know, please mark -9；if it is in city/county center mark 0)

[C1007]Method of transportation?

1. by foot

2. Bicycle

3. Motorbike/Electric Carts

4. Bus

5. Subway/light rail

6.Car


31

[C1008] When did your family move into this house?

（If respondents did not know, record -9)

[C1010]When your family moved in,[CAPIloadC1001 options]，how was it decorated/furnished?

1. Undecorated/Unfurnished

2. Lightly decorated

3. Somewhat decorated

4. High-end Decor

5. Luxury Decor

→If[C1001]=3，skip to[C1014]。

[C1012a] Currently, how much rent do you pay each time?（Unit: RMB）

(If respondent doesn’t know, please mark -9；if rent is not paid then，mark 0 and skip to[C1014])

[C1012]How often do you pay?

1. Month

2. Quarter

3. Half-year

4. Year

5. Two Years

6. No Rent

7. Other

[C1013] Which of the following services are included in your rent？（Can Choose Multiple）[Card

B15]

1. Water

2. Electricity

3. Gas

4. Property Management fee

5. Fiber optics

6. Telephone

7. Network Charges on

Internet

8. None included

[C1014] If you put your house on the rental market, how much would the monthly rent be？（Unit:

RMB）


[C1015] At the market price, what is the value of your house?(Unit: 10,000 RMB)

(If respondents did not know, mark -9)

Property Ownership Structure

[C2001]Does your family own any house？


Note to Interview: Houses mentioned below do not include those already demolished by

the end of last year.

[C2002] How many houses do you own?

32


[C2002a] Does your family rent the house(s) out?

1. Yes 2. No (skip to[C2003])

[C2002d] Last year, how much money did your family receive in rent?

Real Estate Information

Housing Code[CAPIload home code] 01 02 03

[C2003] How many square meters is the house’s construction size


[C2004] How many square meters is the house’s actual living space（If respondent doesn’t

know, please mark -9）

[C2005] Aside from the toilet, how many rooms does this house have?

Note to Interview: If this person lists how many living

rooms, bathrooms and bedrooms you can write it down

directly.

[C2006] How did you get this house?[Card B16]

1． from the real estate market

2． Affordable Housing Program

3． Inheritance or gift

4． Purchased from the working unit at below market

price

5． Built through collective fund raising(jizi)

6． Self built/ expansion

7． Replacement of demolished former residence Other

[C2008] What form of property is this house?

1. Partial Ownership

2. Full ownership

3. Informal ownership (xiaochanquan) Rural collective

land ownership


[C2009a] Does this house located within the city/county?

1. Yes 2. No

33

[C2010] How many minutes does it take to get to the city/county center

from the house?

Interviewer Note：If it is in the city/town center mark-0。

[C2011] Transportation

1. By foot

2. Bicycle

3. Motorbike or electric cars

4. Take the bus

5. Subway/Light Rail

6. By Car


[C2012] When did you get this house?


[C2013] How much did you pay for this house? (Unit: 10,000 RMB)

(If respondent doesn’t know or is unwilling to answer then

ask[C2013it])

[C2013it] By your estimation the costs of this house for you was in the

range of : [Card R3]

1. Under 50,000

2. 50,000-100,000

3. 100,000-200,000

4. 200,000-500,000

5. 500,000-1,000,000

6. 1,000,000-2,000,000

7. 2,000,000-5,000,000

8. Over 5,000,000

[C2013a] At the time the house was acquired, what was the total amount of

taxes and fees paid? (Unit:10,000 RMB) [Method of Inquiry]（If

respondent doesn’t know, please mark -9）

[C2016] How much is the house worth now? (Unit:10,000 RMB)[Method

of Inquiry]

（If respondent doesn’t know or is unwilling to answer then

ask[C2016it］）

34

[C2016it] This house’s market value falls in the range of;[Card R3]

1. Under 50,000

2. 50,000-100,000

3. 100,000-200,000

4. 200,000-500,000

5. 500,000-1,000,000

6. 1,000,000-2,000,000

7. 2,000,000-5,000,000

8. Over 5,000,000

[C2022] Is this house used for commercial purposes?

1. Yes

2. No（skip to[C2024]）

[C2023] What is the construction size for the part of the house that is used

for commercial purposes？(Unit: Square Meters)

[C2024] Show：Thank you for your responses, now I would like to ask some questions

relating to your family’s debt situation.

Currently, does your family have any loan outstanding for purchasing, decorating,

remodeling, or expanding your home?

1. Yes（skip to[C2027]）

2. No

[C2025] Why don’t you have bank loans?[Card B7]

1. Don’t need them（skip to[C3001]）

2. Need a loan but haven’t applied


3. Application was rejected

4. Already paid them off （skip to[C3001]）

[C2026] Why do you think your loan application was rejected?（Can

Choose Multiple）[Card B8]

1.Already owe some debts

2. No guarantor

3.Not familiar with the loan officer

4.Income is low, loan officer is worried

5.No collateral


7. Too risky

8. Policy reasons


→skip to[C3001]

35

[C2027] How many batches of loans do you have? If more than one, ask about the most

substantial one（If respondent doesn’t know, please mark -9）

（CAPI：below we would like to get some information about

the loan）

[C2028] When did you take out this bank loan?

[C2030] What was the loan for?

1. Purchase housing

2. Home improvements（skip to[C2037]）

3. Remodeling/expansion（skip to[C2037]）

4. Other

[C2031] Is this loan a mortgage?

1. Yes


[C2032] How much was down payment? (Unit: 10,000 RMB)[Method of Inquiry]

[C2034] Where did the down payment come from?（Can Choose Multiple）[CardB18]

1. Respondent or Spouse

2. Gift from child(ren)

3. Gift from parents

4. Gift from other relatives/friends

5. loan from bank

6. borrowed money

7. Other

[C2035] When your family purchased this house, what type of bank loan did you take?

1. Provident Fund Loan

2. Commercial Loan

3. Loan Portfolio


[C2037] Which bank did your family take this loan from? [CAPI]：local

financial institution on list

36

[C2038］ What is/are the main reason(s) for choosing this bank？（Can

Choose Multiple）[CardB10]

1. Low interest rates

2. Has done business

3. Low approval rate

4. Low cost

5. Personal relationships

6. Flexible loan terms

7. Good reputation

8. Influence

9. Good service

10. Hours, convenient location

11. No right to choose


[C2041] What was the total amount of house loans taken from banks at the

time? (Unit: RMB）[Method of Inquiry]

[C2044] How long is the loan period? (Unit: Years)

[C2046] What is the loan’s interest rate? (%)


[C2050] Have you ever changed the repayment schedule for this

loan?[CardB11]

1. Never（skip to[C2052]）

2. Paid back part of the principal ahead of the schedule

3. Extended the term

4. Stopped payment

5. Other

[C2051] Why did you change the repayment schedule?[CardB12]

1． Interest rate adjustment

2． Change in income

3． Changes in expected income

4． Changes in price levels


[C2052] What is your loan repayment plan? (Just referring to the first

home)

1. One-time payment of principal and interest

2. Equal installments of principal and interest

3. Equal installments of principal

4. Uneven installments

[C2055] How much of your house still needs to be paid off? (Unit: 10,000

RMB)[Method of Inquiry]

（If respondent doesn’t know or is unwilling to answer then

ask[C2055it]）

37

[C2055it] By your estimation the amount remaining to be paid on this loan

falls into which range? [Card R3]

1. Under 50,000

2. 50,000-100,000

3. 100,000-200,000

4. 200,000-500,000

5. 500,000-1,000,000

6. 1,000,000-2,000,000

7. 2,000,000-5,000,000

8. Over 5,000,000

[C3001] Aside from bank loans, did your family borrow money from any

other sources for the purchase, construction or renovation of this

home?

1.Yes


[C3002] What was the total amount of these non-bank loans?[Method of

Inquiry]


[C3003] Note to Interview: We would now like to learn about the situation

surrounding your largest non-bank loan largest loan.

How much money did you borrow?[Method of Inquiry]

[C3004] From where was this loan taken？[CardB13]

1. 1.Parents

2. 2. Sons and daughters

3. 3. Sibling

4. 4. Other relatives

5. 5.Friends/colleague

6. 6.Informal financial organization


[C3006a] Was there an explicit due date for paying back the money?

1．Yes 2．No

[C3011] What was the interest rate originally?

（If respondent doesn’t know, please mark -9；if interest it not

charged，then mark -0, 1 “li” is equivalent to an annual rate of

12%;1 fen is equivalent to an annual rate of 1.2%。skip

to[C3016]）

38

[C3012] Was it an annual rate, monthly rate or daily rate?

1．Yearly Interest Rate

2．Monthly Interest Rate

3． Daily Rate

[C3015] What was the amount of your last repayment? (Unit: RMB)

（If respondent doesn’t know, please mark -9；if has not yet begun

repayment, mark -0)

[C3016] How much is the loan outstanding?（Unit:RMB）

（If respondent doesn’t know or is unwilling to answer then ask[C3016it]. If

paid off，then mark -0,and skip to[C4001]

[C3016it] The loan outstanding is within the range of :[Card R3]

1. Under 50,000

2. 50,000-100,000

3. 100,000-200,000

4. 200,000-500,000

5. 500,000-1,000,000

6. 1,000,000-2,000,000

7. 2,000,000-5,000,000

8. Over 5,000,000

Housing Demolition

Note to Interview: This includes demolition/relocation of productive and residential

housing owned by the family

[C4001] Has your family ever experienced a housing demolition/relocation (chaiqian)?

1. Yes


[C4002]When was the last time your house was demolished?

[C4004]What was the area of the demolition?

[C4005] What unit?

1. Square meter

2. Fen

3. Acre

4. Hectare

5. Mu


39

Interviewer Note: If the respondent [C4004] has answered directly record/

[C4006]What was the form of compensation received for the demolition?

1. Monetary Compensation

2. Housing Compensation（skip

to[C4008]）

3. Both

4. No competition（skip

to[C5001]）



[C4007]What was the amount of the financial compensation? (Unit:10,000 RMB)

If C4006=1，skip toC4008c。

[C4008]What was the area being compensated to you?

[C4008a] What unit?

1. Square meter

2. Fen

3. Ace

4. Hectare

5. Mu


[C4008b] What is the estimated value of the housing you received as part of the compensation ?

(Unit: 10,000 RMB)

[C4008c] Were you satisfied with the total compensation?

1．Very Satisfied 4．Not satisfied

2．Satisfied 5．Very unsatisfied

3．Somewhat satisfied

Land Status

Note to Interview: The land mentioned includes state owned land rights, but does not

include urban residential housing.

[C5001] Does your family own any land?


[C5002] Which of the following categories does this piece of land fall into?（Can Choose

Multiple）[CardB20]

1． Agricultural land

2． Rural collective construction

land （homestead）

3． State-owned land rights


CAPI：Loop on [C5002] options

[C5003] [Load [C5002] options]What is the area of the land[Load [C5002] options]?

40

[C5004] What unit？

1. Mu

2. fen

3. Ares

4. Hectare

5. Square meter


Interview Note：If the respondent [C5003] has answered，record directly.

[C5005] Is the land [Load [C5002] option] rented out?

1. Yes


[C5006] What is size of the area being rented out?

[C5007] What is the unit?

1. Mu

2. fen

3. Ares

4. Hectare

5. Square meter


Note to Interview：If the respondent [C5006] has answered，record directly.

[C5008] Last year what was the total amount of rent received? This includes land dividend.

[C5010] At current market price, how much is this piece of land[CAPI load C5002 option]worth？

Land Expropriation

[C6001] Was your family’s land ever being expropriated by the state?


[C6002] When was the last time your land was expropriated?

[C6004] What was the area of the land expropriated?

[C6005] What units?

1. Mu

2. Fen

3. Ares

4. Hectare

5. Square meter


41

[C6006] What is the method of compensation?

1. Monetary

2. Non-monetary（skip to[C6008]）

3. Both of 1 and 2

4. No compensation（skip to[C7001]）


[C6007] How much was the monetary compensation? (Unit: 10,000 RMB)

If C6006=1，skip toC7001。

[C6008] What is the form of non-monetary compensation?

1. Pensions

2. Health insurance

3. Job placement


(3) Vehicles

Instructions: Here we would like to gain a better idea about the situation of your

family’s vehicles.

[C7001] Does your family own any vehicles including car, bus, or truck

1. Yes

2.No（skip to[C7053]）

[C7002] What is the total number of the cars, buses or trucks your family own?


If C7002>2，shows: Here we would like to know more about the most recent car your

family purchased?

Vehicle Information

Car Code 01 02

03 [C7003] Make?

[C7004] Model?

[C7005] In which year did your family get this car?

[C7007] Was it brand now or used?

1. New 2. Used

42

[C7008] What was the price of the car ? (Excluding taxes and fees) (Unit: 10,000

RMB) (If respondent doesn’t know, please mark -9）

[C7008a] What was the total amount of taxes and fees incurred when buying this car?

(Unit: RMB）

[C7009] What is the car’s current market value?

（If respondent doesn’t know or is unwilling to answer then ask[C7009it]）

[C7009it] Which of the following is close to the car’s current market

value?[Card R4]

1. Under 20,000

2. 20,000-50,000

3. 50,000-100,000

4. 100,000-200,000

5. 200,000-500,000

6. 500,000-1,000,000

7. Over 1,000,000

[C7009a] How many kilometers has the car been driven?


[C7014] Did your family take a bank loan to buy this car？

1．Yes（skip to[C7018]） 2．No

[C7015] Why didn’t they take bank loans?[CardB7]

1． Did not need them（skip to[C7047]）

2． Need them, but did not apply（skip to[C7047]）

3． Applied for a loan but was rejected（skip to[C7047]）

4． Already paid off（skip to[C7047]）

[C7018] How much was the auto loan? (Unit: 10,000 RMB)


[C7019] How much is the loan outstanding?(Unit: 10,000 RMB)


43

[C7019it] The loan outstanding is within the range of :[Card R4]

1. Under 20,000

2. 20,000-50,000

3. 50,000-100,000

4. 100,000-200,000

5. 200,000-500,000

6. 500,000-1,000,000

7. Over 1,000,000

[C7047] In addition to the bank loans, did your family borrow other money for

buying this vehicle?（Unit: RMB）

1．Yes

2．2. No（skip to[C7003]，ask about another vehicle；if it was the

last one then skip to[C7053]）

[C7048] Where did your family borrow from? （ Can Choose

Multiple）[CardB13]

1. Parents

2. Children

3. Siblings

4. Other relatives

5. Friends/colleague

6. Informal financial organization

7. Other

[C7049] What was the total amount borrowed by your family？（Unit: RMB）

[C7050] Currently, how much does your family still owe?（Unit: RMB）


[C7050it] By your estimation the amount owed falls in the range

of :[Card R4]

1. Under 20,000

2. 20,000-50,000

3. 50,000-100,000

4. 100,000-200,000

5. 200,000-500,000

6. 500,000-1,000,000

7. Over 1,000,000

[C7051] Is interest paid on these loans?

1．Yes

2．No（skip to[C7003]，ask about the next vehicle；or if the last one then

skip to[C7053]）

[C7052] Last year what was the total amount of money spent on interest payments for

your bank loans and private loans. (Unit: RMB）


44

If [C7002]>2，then ask [C7052a]

[C7052a] Aside from the cars previously mentioned, what is the value of your family’s other

vehicle(s)？(Unit:10,000 RMB)

（If respondent doesn’t know or is unwilling to answer then ask[C7052ait]）

[C7052ait] The value of the car(s) mentioned above falls in which of the following ranges?[Card R4]

1. Under 20,000

2. 20,000-50,000

3. 50,000-100,000

4. 100,000-200,000

5. 200,000-500,000

6. 500,000-1,000,000

7. Over 1,000,000

Other Vehicles

[C7053] In addition to the vehicles above, does your family have any other types of vehicles, such as

excavators, tractors, motorcycles, tricycles, electric bike, bicycles and so on?


[C7055]What is the total value of these vehicles？（Unit: RMB）


Note to Interview: If your family only owns a fraction of this vehicle, record the value

of your family’s fraction

[C7056] To buy the vehicle(s), did your family take out loans or borrow money?

1. Yes 2. No（skip to[C7057c]）

[C7057] Currently, how much is the total loan outstanding on these loans?（Unit: RMB）


[C7057it] By your estimation the amount you owe falls in the range of:[Card R4]

1. Under 20,000

2. 20,000-50,000

3. 50,000-100,000

4. 100,000-200,000

5. 200,000-500,000

6. 500,000-1,000,000

7. Over 1,000,000

[C7057c] Last year did your family rent any vehicle?

1.Yes

2. No（skip to[C7057d]）

[C7057a] How much did you pay for the car rental last year? (Unit: RMB)

[C7057d] Last year, did your family lease out any vehicle?


[C7057b] How much is the income for leasing the vehicle(s) last year? (Unit: RMB)

If [C7001]=1 or [C7053]=1，then ask [C7070]~[C7072]，otherwise skip to[C8001]。

45

Vehicle Insurance

[C7070] Does your family have any auto insurance policy?

1． Yes

2． No（skip to[C8001]）

[C7071] What type of auto insurance did your family buy last year?（Can Choose Multiple）

[CardB22]

1. Mandatory Traffic

Insurance

2. Loss of vehicle insurance

3. Third party liability

insurance

4. Theft Insurance

5. Auto liability insurance

6. No-fault liability insurance

7. Dropped cargo liability

insurance

8. Glass breakage insurance

9. Loss from breakdown

insurance

10. Spontaneous Combustion

Insurance

11. Damage to added

equipment insurance

12. Non-deductible special insurance


[C7072] Last year, what was the total amount of insurance premiums paid by your family？（Unit:

RMB）

[C7073] Did your family make any car insurance claim last year?

1.Yes 2 No（skip toC8001）

[C7074] Last year, what was the amount received from your family’s auto insurance claim? (Unit: RMB)

(4) Other Non-Financial Assets

Display: Next, we would like learn about any other non-financial assets your family

might have

[C8001] Currently, does your family have any of the following durable goods? Can Choose

Multiple） [CardB23]

1. Camera

2. BW/Color TV

3. Washing machine

4. Refrigerator

5. Air Conditioner

6. Computer

7. Stereo

8. Solar/ Electric water heater

9. Furniture

10. Satellite Receiver

11. Musical Instruments

12. None of the above（skip to

C[8003]）


46

[C8002] How much are those durables [CAPI load each [C8001] selected options] worth？（Unit:

RMB）

（If respondent doesn’t know, please mark -9）Method of inquiry

[C8003] In addition to the items mentioned in the questionnaire, does your family have in other

assets such as yacht, private aircraft, antiques, rare animals or plants, rare stamps,

paintings or any other any other valuable assets?

1. Yes

2. No（skip to[D1101]）

[C8004] What are those valuable items?（Can Choose Multiple）

1. Yacht/Private Plane

2. Antiques

3. Rare animals and Plants

4. Stamps/ paintings/ artwork

5. Gold, Silver, jewelry, etc

6. Other( such as high-end handbags, cosmetics, designer clothes, luggage, watches, etc)

[C8005] By your estimation what is/are [CAPI load each [C8001] selected options] currently

worth？（Unit: RMB）

（If respondent doesn’t know, please mark -9）Method of Inquiry

[C8006] Did your family borrow money or take out loans to purchase these assets？

1. Yes


[C8007] How much money is still unpaid?

（Unit:RMB）


[C8007it] By your estimation the amount you still owed is within the range of:[Card R4]

1. Under 50,000

2. 50,000-100,000

3. 100,000-150,000

4. 150,000-250,000

5. 250,000-500,000

6. Above 500,000

(2) Financial Assets

Display: Now we would like to learn something about your family’s financial assets,

let us begin with deposits.

47

(I) Demand Deposits

[D1101] Does your family currently have RMB denominated checking account(s)

1. Yes 2. No（skip to[D2101]）

[D1104] How many of these accounts does your family use regularly？


[D1105] What is the total balance of the [CAPI load [D1104]] account(s)？[Method of Inquiry]

（If respondent doesn’t know or is unwilling to answer then ask[D1105it]）

[D1105it] The [CAPI load [D1104]] checking account balance is within the range of:[Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

If [D1104]>1，Display：Next，we would like to learn more about your family’s checking

account with the largest balance？

[D1107] Which bank is this checking account with? [CAPI] List banks

[D1108] Why did your family choose this bank? (Can Choose Multiple)[CardB25]

1. Convenient location

2. More ATMs

3. More self-service banking

4. Better online banking

5. Convenient hours

6. Low fees

7. Good service

8. Simple procedures

9. Numerous banking

products

10. Personal relationship

11. Business/operational

needs

12. Working/educational

needs

13. Pay card/pension card/

working place designated

14. Unlimited withdrawals

15. No other institution

16. Less risk of bank failure

17. Prefer local agencies


→If [D1104=1]，then skip to[D2101]

[D1111] Currently, what is the amount on deposit in this checking account？[Method of Inquiry]


48

(II) Time Deposits (Certificates of deposit)

[D2101] Does your family currently have immature RMB time deposits？

1. Yes


[D2103] What is the main purpose of your family’s time deposit?（Can Choose Multiple）[CardB28]

1. Interest income

2. Asset security

3. Purchase/construction/de

coration of a house

4. To buy a car

5. Purchase of furniture,

appliances, and other

durable goods

6. Initial funds for

agricultural/Industrial/Co

mmercial start-up

7. Financial investment

8. Education or training

9. To repay debt

10. Preparation for retirement

11. To travel or take a

vacation

12. Heritance to children

13. Weddings and funerals

14. Medical expenses

15. No other investment

channels


[D2103a] Altogether how many batches of time deposits does your family have?

[D2104] Currently what are these [CAPI load [D2103a]] time deposits worth in total？[Method of

Inquiry]


[D2104 it] The [CAPI load [D2103a]] approximate value falls in which of the following ranges？

[Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

[D2106] Last year what was the after-tax income on your family’s time deposits？（Unit: RMB）

（if respondent doesn’t know, then mark-9）

If D2103a>1，Display: Next we would like to learn about your family’s time deposit

with the largest balance .

[D2114] In what year was the deposit made？

[D2115] How long is the time deposit’s term？

→If D2103a=1，skip toD3101

49

[D2117] Currently, what is the value of the deposit？[Method of Inquiry]


(III) Stocks

[D3101] Does your family have any stock accounts？

1． Yes（skip to[D3103]）

2． No

[D3102] Why doesn’t your family have stock account?（Can Choose Multiple）[CardB35]

1． Stocks are too risky

2． Stock returns are too low

3． Don’t know how to open

an account

4．Too far away from the

security company

5．Do not know where to open

an account

6．Cumbersome procedures

7．Lack relevant knowledge

8．Lost money previously

9．Never heard of them

10．Limited funds

11．Other reasons（ Please

Specify）

→skip to[D4101a]

Note to Interview: The cash balance in the stock account refers to the money not used

to purchase shares.

[D3103] How much cash balance do these equity accounts have, please note, that cash used to

purchase shares is not included?[Method of Inquiry]（Unit: RMB）（If respondent doesn’t

know or is unwilling to answer then ask[D3103 it]）

[D3103 it] The stock account’s balance is in which of the following ranges?[Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

[D3104] How many stocks does your family currently hold？


If [D3104]>0 or -9，skip to[D3106]

[D3104]=0，then ask[D3105]

[D3105] Why doesn’t your family hold stocks？（Can Choose Multiple）[CardB36]

1． Bad market 2． Return is low

50

3． Not sure which company

to invest

4． Invest in mutual funds

5． Insufficient cash in the

account

6．Don’t know how to buy

7．Lack relevant knowledge


9．Limited funds

10 ． Other reason （ Please

Specify）

→skip to[D4101a]

[D3106] Is there any family member who is or has worked in one of those companies that issued the

stocks your family hold?

1. Yes

2. No

[D3107] How long has your family invested in stocks? (Unit: Months)


Note to Interview: The following question is asking the entire family’s return from

investing stocks, rather than that of an individual stock or family member.

[D3108] From the first stock purchase until now, what is your family’s loss/gain situation?

1. Profit

2. Broke even

3. Loss

Note to Interview, this question refers to the total market value of all stocks,

excluding cash remained in the account(s)

[D3109] What is the current market value of the stocks your family owns? [Method of Inquiry]

（If respondent doesn’t know or is unwilling to answer then ask[D3109 it]）

[D3109 it] The market value of these stocks falls in which range?[Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

Note to Interview: What this question asks is the most commonly method used by your family.

Please let the respondent’s subjective judgment prevail.

[D3111] What is your family’s main method of purchasing stock？（Can Choose Multiple）[CardB37]

1. Home Computer

2. Office Computer

3. Internet access point (Internet

café, school computer etc)

4. Counter

5. Landline （doesn’t include cell phone）

6. Cell Phone

7. Through brokers

8. Other

51

Note to Interview：This question asks about respondents what their investment decisions for the family are

based on, allow the respondents subjective judgments to prevail.

[D3112a] Which family member usually makes the stock investment decisions?[CardB38]

1. Respondent

2. Spouse

3. Respondent and spouse

together

4. Family collectively decides

5. Parents

6. Children

7. Grandchildren

8. Brothers and sisters

9. Other relatives

10. Unrelated persons

11. Family member makes decisions individually

[D3113] Does your family have any non-publicly traded stocks？

1． Yes 2． No（skip to[D3116a]）

[D3116] What do you estimate the current value of these stocks to be? (Unit: RMB)

Note to Interview: This question refers to the entire family’s stocks, rather than an

individual stock or that of a certain family member.


[D3116 it] The market value of this/these stock(s) falls in which of the following ranges？[Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,000,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. above 10,000,000

[D3116a] Did your family take a loan or borrow money to buy stocks?

1． Yes 2． No（skip to[D3117]）

[D3116b] How much money is still owed?（Unit: RMB）


[D3117] Last year how much after-tax income did your family make from changes in stock price or

dividends？（Unit: RMB）

(If respondent doesn’t know or is unwilling to answer then ask[D3117it])

[D3117it] Which of the following ranges does your family’s after-tax income fall in?[Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

52

(IV) Bonds

[D4101a] Which of the following assets does your family own？（Can Choose Multiple）

1.Bonds

2.Mutual Funds（skip to[D5103]）

3.Derivatives（skip to[D6103]）

4.Wealth Management Products（skip to[D7103]）

5.None（skip to[D7112a]）

Note: If the respondent has multiple choices, then ask about each financial asset

separately

[D4101] Currently, your family has which of the following bonds？[CardB31]

1． State Treasury Bills

2． Local Government Bonds

3． Financial bonds

4． Corporate bonds

5． Other bonds（Please Specify）

[CAPI]: cycle [D4101] selected options

[D4103] What is the total face value of the [CAPI load bond name] that your family holds？

[Method of Inquiry]


[D4103 it]Which following range does the total face value fall in?[Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

[D4105] Next we would like to learn about your family’s largest [CAPI load bond name] situation.

In what year was it bought?

[D4106] How long is the term of [CAPI load bond name]?

[D4108] What is the [CAPI load bond name] face value？[Method of Inquiry]

[D4110] [CAPI load bond name]What is the annual interest rate？

Break circle

53

[D4110a] Did your family take loans or borrow money to buy bonds?


[D4110b] How much money is still owed?（Unit: RMB）


[D4111] Last year, how much after-tax income did your family make from bonds？（Unit: RMB）

（if respondent doesn’t know, then mark-9）

Go back to [D4101a]

(V) Fund

[D5103] How many mutual funds does your family invest?


[D5104] What kind of funds do you family invest？（Can Choose Multiple）[CardB34]

1. Stock

2. Bond

3. Money Market Fund

4. Hybrid


[D5105] How long has your family been invested in funds? (Unit: Month)


[D5107] What is the current total market value of these funds?（Unit: RMB）[Method of Inquiry]


[D5107 it] The total value of these funds is in which of the following ranges？[Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

[D5108a] Did your family take loans or borrow money to buy funds?


[D5108b] How much does your family still owe?


[D5109] Last year, what was your family’s after tax income from changes of funds prices, dividend

54

or interest payments?（Unit: RMB）


[D5109it] Which of the following ranges does your after-tax income from changes of funds price or

dividend fall in ? [Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,000,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

Go back to [D4101a]

(VI) Derivatives

We would like to learn something about the financial derivatives your family owns?

[D6103] Does your family own futures?

1． Yes

2． No (skip to[D6107])

[D6104] What are the commodities of these futures?（Can Choose Multiple）[CardB41]

1. Copper

2. Aluminum

3. Zinc

4. Precious metals futures

(Gold, silver, platinum,

palladium, etc.)

5. Natural Rubber

6. Fuel Oil

7. Corn

8. Soybean（1#，2＃）

9. Soybean pulp

10. Soybean oil

11. Palm oil

12. Linear low density polyethylene

13. Rapeseed oil

14. Wheat

15. Cotton

16. White granulated sugar

17. PTA(purified terephthalic acid)

18. Stock Index Futures

19. Foreign Exchange Futures

20. Interest Rate Futures


Note to Interview: Ask the total market value of the futures here, if the respondents

to tell the value of each individual future, add them up.

[D6106a] What are these futures currently worth?（Unit: RMB）[Method of Inquiry]

（If respondent doesn’t know or is unwilling to answer then ask[D6106a it]）

[D6106a it] The market value of these futures is approximately within the range of:[Card R6]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

55

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,000,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. Above 10,000,000

[D6107] Does your family own any warrants？

1． Yes

2． No (skip to[D6112])

Note to Interview: Ask the total market value of the warrants here, if the respondent

tells you the market value of each warrant, add your own total.

[D6110] What is the market value of the warrants you invested？（Unit: RMB）[Method of Inquiry]


[D6110 it] The approximate market value of these warrants falls into which of the following ranges？[Card R6]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,000,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

Note to Interview：This question doesn’t include the aforementioned futures and warrants.

[D6112] Does your family have any other financial derivatives, such as forward contracts, swaps, etc?

1． Yes

2． No(skip to[D6115])

Note to Interview: here ask the total market value of other derivative products, have they listed the

value of each derivative, add your own total.

[D6115] What are these derivatives now worth？（Unit: RMB）[Method of Inquiry]


[D6115 it] The market value of these derivatives is in which of the following ranges？[Card R6]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

Note to Interview: The questions asked the respondent families of all financial derivatives, including

futures, warrants, etc.

[D6115a] Did your family borrow money or take loans to purchase these financial derivatives?


56



[D6116] Last year, what was your family’s after-tax income from derivatives? （Unit: RMB）


[D6116it] By your estimation, your after-tax income was in which of the following ranges? [Card

R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,000,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

Return to [D4101a]

(VII) Financial Wealth-management Products

Note to Interview: Financial products do not include the previously mentioned

deposits, funds bonds, equities, derivatives, etc. Neither do they include business

assets, real estate, and personal property such as cars, art and other kinds of wealth

management property. Financial wealth-management products include those

offered by banks, brokers, or trust.

[D7103] Does your family have any wealth-management products offered by bank?

1． Yes

2． No（skip to[D7107]）

[D7104] Which institutions are these bought from?（Can Choose Multiple）[CAPI] List of banks

Note to Interview: What these questions refer to is all family members’ financial

product investments, rather than those from a single bank financial product or of a

single person. If respondents reply with each individual’s investments in financial

products, add your own total.

[D7105] In total how much did your family invest in these financial products?（Unit: RMB）[Method

of Inquiry]


57

[D7106a] What is the current value of the financial products your family holds？（Unit: RMB）

[Method of Inquiry]

（If respondent doesn’t know or is unwilling to answer then ask[D7106a it]）

[D7106a it] The market value of these financial products is within the range of:[Card R6]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

[D7107] Does your family have other wealth-management products, for example, from security

broker，trusts, and so on?

1． Yes

2． No（skip to[D7111a]）

Note to Interview: In these questions “other financial products” do not include

financial wealth-management products from banks. If respondents reply with each

individual investment, add them in total.

[D7108] In total how much money has your family invested in other financial products?（Unit:



[D7110] Currently, what is the total value of other financial products held by your family？（Unit:



[D7110 it] Which of the following is the closest approximation of the value of these other financial

products？[Card R6]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

Note to Interview: “financial products”, here includes financial products of banks

and brokers, asset management, trusts, etc.

[D7111a] Did your family take a loan or borrow money to purchase these financial products?

58


[D7111b] How much money do you still owe?


[D7112] Last year, what was your family’s after-tax income from these financial products？（Unit:

RMB）


[D7112it] By your estimation which following range does the income received from these financial

products fall into? [Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

[D7112a] Why didn’t your family purchase [CAPI load options not chosen in [D4101a]（other

than 5）]？（Can Choose Multiple）[CardB32]

1．Too risky

2．Return is too low

3．Term is too long

4．Minimum subscription amount is too high

5．Don’t know how to buy

6．Cumbersome procedures

7．Lack of relevant knowledge

8．Afraid of being cheated


10．Limited financial resource

11．Other reasons（Please Specify）

(IIX) Non-RMB Denominated Assets

[D8101] Does your family hold any non-rmb assets？For example foreign currency deposits, foreign

currency cash, B/H shares, etc.

1. Yes


[D8102] What forms of non-rmb assets are these？（Can Choose Multiple）[CardB42]

1. Foreign currency deposits

2. Foreign notes/foreign currency

3. B shares

4. H shares

5. Bank Forex products

6. Non-bank forex products

7. Foreign stocks/ bonds


[CAPI]circle assets [D8102]selected

[D8104] Currently，what is [CAPI load asset name D8102 selected] approximately worth?

59

Method of Inquiry]

（Please list the RMB equivalents；If respondent doesn’t know or is unwilling to answer

then ask[D8104a it]）

[D8104 it] Which of the following ranges does [CAPI load the name of the selected assets in

D8102] fall in？[Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

[D8104a] In what Unit?：

1. RMB

2. USD

3. HK Dollar

4. Euro

5. Yen

6 Other（Please Specify）

Note to Interview: This question refers to the respondent’s family’s after-tax income

from all non-financial RMB denominated assets.

[D8105a] Did you take loans or borrow money to buy non-RMB assets?




[D8106] Last year, what was your family’s after tax income from these non-rmb denominated

assets？（Unit: RMB）


[D8106it] Which of the following ranges does the after tax income from non-rmb denominated assets

falls in? [Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

(IX) Gold

[D9101] Does your family own gold? Including paper gold, physical gold, but does not include gold

60

jewelry.

1. Yes

2. No（skip to[K1101]）

[D9102] How much did your family spend in purchasing gold? [Method of Inquiry]

(Convert to RMB equivalent；If respondent doesn’t know, please mark -9)

[D9103] At the current market price, how much is your family’s gold worth？[Method of Inquiry]

(Please record RMB equivalent；If respondent doesn’t know or is unwilling to answer then

ask[D9103 it])

[D9103 it] Which of the following ranges does the market value of your family’s gold falls

into?[Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000\

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

[D9105] Last year, how much after tax income did your family receive from their purchase of gold?

（Unit: RMB）

(If respondent doesn’t know or is unwilling to answer then ask[D9105it]，or if there has

been no repayment period agreed upon then mark 999)

[D9105it] By your estimation what is was your family’s after-tax income received from gold last

year? Which of the following is closest to approximation of your family’s after-tax income received

from gold[Card R5]

1. Under 5,000

2. 5,000-20,000

3. 20,000-50,000

4. 50,000-100,000

5. 100,000-200,000

6. 200,000-500,000

7. 500,000-1,000,000

8. 1,00,000-2,000,000

9. 2,000,000-5,000,000

10. 5,000,000-10,000,000

11. 10,000,000

(X) Cash

[K1101] How much cash does your family have currently？（Unit: RMB）

(If respondent doesn’t know or is unwilling to answer then ask[K1101 it])

[K1101 it] Which of the following ranges is closest to the cash your family owns？[Card R7]

1. Under 2,000 2. 2,000-5,000

61

3. 5,000-20,000

4. 20,000-50,000

5. 50,000-100,000

6. 100,000-500,000

7. Over 500,000

(XI) Lending

Note to Interview: “Other people” is defined as organizations or people outside of

your family.

[K2101] Currently, does your family have loans given to “other people”? Here other people refer to

those outside the family.

1． Yes

2． No（skip to[E1001]）

[K2102a] What is the total amount your family lends out?

Next, we would like to ask about the largest loan your family has given out.

[K2102b] The loan repayment period is ____years.

[K2103] Who was this loan given too？[CardB44]

1． Parents

2． Children

3． Brothers and Sisters

4． Other relatives

5． Friend/Colleague

6． Informal financial

organizations


[K2105] What is the interest rate?

[K2106] Do you worry about not being paid back?

1. Yes 2．No

[K2106a] how long do you expect to get paid back of the loan? (Unit: Months)

[K2107] Last year, how much of the loan was repaid？（Unit: RMB）

（if respondent doesn’t know, then mark-9；if no interest, mark 0）

[K2108] Last year how much interest income did your family receive from the loan？（Unit: RMB）

If none, then record zero.

62

(3) Other Liabilities

Display：Next, we would like to gain an understanding of your family’s other liabilities, let us begin

with student loans.

(I) Education Loans

[E1001] So far, have your family members taken out any education loans?

1． Yes


[E1005] How many？


[E1006] The [CAPIloadE1005] still has how much to be repaid？（Unit:10,000 RMB）


[E1007] Last year how much interest was paid on the [CAPIloadE1005] education loan？（Unit:

RMB）


If E1005>1，display：Now we would like to ask about your family’s largest

education loan?

[E1008] When was this education loan taken out?

[E1009] Is this loan a National Education Loan or a Commercial Education Loan?

1. National Education Loan

2. Commercial Education Loan

[E1010] Which bank was this loan taken from? [CAPI] Display bank list

[E1011] What is this loan used for?[CardB46]

1. Tuition and fees

2. Housing

3. Living Expenses

4. 1 and 2

5. 1, 2 and 3

6. Study abroad expenses

63

Note to Interview: The five previous expense options are for those costs incurred by

those educated domestically, if the respondent said they used the loan to pay for their

study abroad then record the sixth option.

[E1012] What was the total amount of education loans taken？（Unit: RMB）


Note to Interview: If the loan is divided into batch payments, please record the total

amount of all batches, for example if four years of undergraduate study required a

loan of 240,000 RMB but each payment is 6,000 RMB, please record 240,000 as the

loan amount.

[E1013] How long is the term for the education loan？


[E1014] What is the interest rate on this education loan？（Unit: %）


Other Financing

[E1020] Currently, in addition to bank loans, has your family borrowed money from other people or

organizations for your children’s education?

1. Yes

2. No（skip to[E2001]）

Note to Interview: Here “other people or organizations” refer to individuals and

non-bank institutions. Also if the respondent has borrowed from friends and relatives,

they are also classified as others.

[E1021] What was the total amount borrowed？（Unit: RMB）


[E1022] How much is still owed on this/these loan(s)？（Unit: RMB）


[E1023] Do you have to pay interest on these loans?

1． Yes


64

[E1024] What was the total amount of interest paid on these loans last year? Unit: RMB）


Display：Next we would like to learn about your family’s credit card situation.

(II) Credit Cards

[E2001] When you and your family shop, what is your typical method of payment? Can Choose

Multiple）[Card B49]

1. Cash

2. Debit Card

3. Credit Card （skip to[E2003]）

4. Quasi-Credit Card

5. Shopping Cards

6. Third Party Payments (e.g., Alipay)


[E2002] Does your family have any credit card? Inactivated cards don’t count.

1. Yes

2. No（skip to[E2016]）

[E2003] Who in your family does regularly use credit card? If there are Primary and secondary cards,

only count the primary holder. (Choose up to 2)[Card A1]

1. Respondent

2. Spouse or Partner

3. Parents

4. Parents in law

5. Grandparents

6. Children

7. Children in law

8. Grandchildren

9. Grandchildren in law

10. Brothers and sisters

11. Others（Please Specify）

[E2004] Why does your family use credit card？（Can Choose Multiple）[CardB50]

1. Convenient for daily life, such as traveling, business trip, going abroad

2. Take advantage of the interest-free credit

3. Advance consumption

4. Overdraft


[E2005] How does your family normally pay for credit card debts？[CardB51]

1. Pay the minimum amount 2. Pay the full balance upon the due date

65

3. Pay before the due date

4. Defer Repayment

5. Having stopped paying

6. Other

Note to Interview:[CAPI Note] Ask family members chosen in E2003 the following

questions. If these family members have more than one credit card, then ask for a

summary of their cards information.

***************************

#1：Corresponding to the first person

#2：Corresponding to the second period

***************************

Credit Card Info

Select Family Member Code 01 02

[E2009] [CAPI load result selected in E2003]when was this card signed up for？

（Please record 4 digits；If respondent doesn’t know, please mark -9；if more than one

card then ask about the most frequently used card）

[E2009a] Your[CAPI load result selected in E2003]is from which bank（If you

have more than one then ask about the most frequently used card）

[E2010] Why did you select this bank’s credit card？（Can Choose Multiple）

[CardB52]

1. Door to door sale with nice sign-up gifts

2. Recommended by friend

3. Good online service

4. Reasonable fees

5. Shopping discounts, etc

6. Many bank outlets, convenient locations

7. Long Interest-free period, many reward points

8. High credit line

9. Large overdraft capability and cash advances

10. Easy payments


[E2011] What’s this credit card’s limit?（Unit: RMB）


[E2013] Did you ever take cash advances from this credit card？

1. Yes 2. No

[E2014] How much did you spend using this card last month?（Unit: RMB）


[E2015] How much is owed to the bank on this card？

（If respondent doesn’t know, please mark -9） If you have asked of all credit

cards then skip to[E3001]

66

[E2016] Why don’t you have a credit card？[CardB53]

1. Prefer cash payment

（skip to[E3001]）

2. Not knowledgeable about credit card


3. Insufficient ability to repay


4. Would like to use, but was rejected


[E2017] In total how many times has your family applied for credit cards?


[E2018] What do you think the bank’s main reason for rejecting credit card application？[CardB54]

1. No stable or sufficient

income


3. No credit history

4. Insufficient household

assets

5. Nature of work unit


7. Not sure

(III) Other

[E3001] In addition to the previously mentioned housing, automotive, commercial, educational, and

credit card financing, has your family taken out any other loans?

1. Yes

2. No（skip to[F1001]）

Note to Interview: the aforementioned liabilities, including housing debt, auto debt,

commercial debt, educational debt and credit card debt, the interviewer should

classify accounts payable like charge sales as other liability.

[E3003] What is the cause of these liabilities？（Can Choose Multiple）[CardB55]

1. Small-amount daily consumption

2. Large consumption of Durable Good

3. Son’s marriage

4. Daughter’s marriage

5. Funeral

6. Medical expenses

7. Relocation for work

8. Pay back previous debts

9. Lend to friends or relatives

10. Lend to others

11. Lend money through informal financial institutions


[E3004] Who did provide these liabilities？（Can Choose Multiple）[CardB56]

1. Bank/Credit union

2. Pawnshop

3. Loan company

4. Consumer finance company

5. Guarantee company

6. Finance company

7. Trust company

8. Other financial institutions

9. Close relatives

10. Distant relatives

67

11. Friends/ Colleagues

12. Informal financial organizations

(Don’t Know, mark -9)

[E3005] Why did you select this institution or person to borrow from？（Can Choose Multiple）

[CardB57]

1. Low interest rate

2. Low fees

3. Simple procedure

4. Low threshold

5. Good personal relationship

6. Do other business with them

7. No other choices

8. Other reasons（Please Specify）

[E3006] What is the total amount of these loans? Unit: RMB）[Method of Inquiry]


[E3007] Last year how much interest did your family pay? （Unit: RMB）

（If respondent doesn’t know, please mark -9；if this is a no interest loan，please mark 0）

[E3008] How much money does your family still owe on these loans？（Unit: RMB）


68

(I) Social Security, Insurance and Annuity

Note to Interview: Only ask family members who are over 21, either working or retired. In accordance with the survey loaded family members who

are eligible and ask in turn. Here social security does not include commercial pensions.

Family member code[CAPI load name]of working or retired family

members.

01 02 03 04 05 06 07 08

[F1001] Does[CAPI LOAD NAME] withdraw retirement salary,

or social security?

1. Social Security

2. Retirement payroll（skip to[F1019]）

3. None（skip to[F1026]）

[F1002] Which type of social security does[CAPI LOAD

NAME]participate in?

1. Basic Social Security

2. New Rural Social Security

[F1003] Has[CAPI load [F1002] option name]begun to receive

benefits？

1. Yes

2. No（If [F1002]=1，then skip to[F1007]；if [F1002]=2，

thenskip to[F1014]）

[F1004] What year did it start?

[F1005] How much did you receive from social security last

month？（Unit: RMB）

(If respondent doesn’t know or is unwilling to answer

then ask[F1005it])

→skip to[F1026]

69

[F1005it] The amount of social security received last month falls

into which of the following ranges? [Card R8]

1. Under 800

2．800-1500

3．1500-3000

4．3000-5000

5．5000-10,000

6．10,000-20,000

7．20,000-50,000

8．Over 50,000

→skip to[F1026]

[F1007] Who pays the premium?

1. Respondent and employer both

2. Respondent pays all

3. Employer pays all （skip to[F1010]）

[F1008] Last month how much did you pay?（Unit: RMB）

[F1010] What is the balance of your personal social security

account？（Unit: RMB）

（If respondent doesn’t know or is unwilling to answer

then ask[F1010 it]）

70

[F1010 it] The balance of your personal social security account falls

into which of the following ranges？[Card R9]

1. Under 5,000

2. 5,000-10,000

3. 10,000-30,000

4. 30,000-50,000

5. 50,000-100,000

6. 100,000-200,000

7. 200,000- 500,000

8. Over 500,000

[F1011] Has your social security payment ever been interrupted?

1. Yes 2. No（skip to[F1026]）

[F1012] What was the reason for the interruption？[CardC2]

1. Employer stopped payment

2. Job Changes/ Resignation

3. No money to pay

4. Further payment is not cost efficient

5. Has paid for 15 years

6. Gov’t subsidy is too little


[F1013] How many months was it interrupted?

→skip to[F1026]

[F1014] In what year did you start to participate in

new rural social security?

71

[F1015] Last year, was your new rural social security payments

interrupted?

1. Interrupted（skip to[F1018]）

2. Not interrupted（skip to[F1016]）

3. Paid once

[F1016a] How much is the one-time payment？（Unit: RMB）（skip

to[F1026]）

[F1016] Last year how much was paid for the new rural social

security？（Unit: RMB）

[F1017] Last year how much was the government

subsidy？（Unit: RMB）

→skip to[F1026]

[F1018] What was the reason for the interruption of payments？

[CardC3]

1. No money to pay

2. Think paying again isn’t worth it not on time

3. Government subsidy is too little

4. Cumbersome procedures

5. Payment is


→skip to[F1026]

72

[F1018ait] The balance of your new rural insurance account falls into

which of the following ranges？[Card R9]

1. Under 5,000

2. 5,000-10,000

3. 10,000-30,000

4. 30,000-50,000

5. 50,000-100,000

6. 100,000-200,000

7. 200,000- 500,000

8. Over 500,000

[F1019] Have you started to receive retirement pay yet?

1. Yes 2.No（skip to[F1026]）

[F1020] What is your retirement status?

1．Retirement emeritus (lixiu)

2．Normal retirement(tuixiu)（skip to[F1023]）

[F1021] In which year did you retire?

[F1022] How much was last month’s retirement payment（Unit:



then ask[F1022it])

→skip to[F1026]

[F1022it] The payment you received last month falls into which of

the following ranges [Card R8]

1. Under 3,000

2. 3,000-5,000

3. 5,000-10,000

4. 10,000-20,000

5. 20,000-50,000

6. Over 50,000

73

[F1023] What type of retirement is this？[CardC4]

1． Formal retirement

2． Early retirement

3． Internal retirement followed by formal retirement

4． Internal retirement，but is not officially retired

5． Off-duty

6． Other

[F1024] In what year did you retire?

[F1025] What amount of retirement benefits did you receive last

month？（Unit: RMB）[Method of Inquiry]

(If respondent doesn’t know or is unwilling to

answer then ask[F1025it]，otherwise skip toF1026)

[F1025it] The money received in retirement benefits last month falls

into which of the following ranges? [Card R8]

1. Under 800

2. 800-1500

3. 1500-3000

4. 3000-5000

5. 5000-10,000

6. 10,000-20,000

7. Above 20,000

[F1026] Do you have a corporate annuity?

1. Yes


[F1027] Have you already begun receiving the annuity payments?

1. Yes


74

[F1028] How much was received from the annuity

last month？[Method of Inquiry]

→skip to[F1032]

[F1029] Last month how much did you contribute to the annuity?

（Unit: RMB）

[F1030] Last month how much did your work unit contribute to

the annuity?（Unit: RMB）

[F1031] Currently how much is the balance of your annuity fund？

（Unit: RMB）

（If respondent doesn’t know or is unwilling to answer

then ask[F1031 it]）

[F1031 it] The current balance of your corporate annuity account

falls into which of the following ranges？[Card R9]

1. Under 5,000

2. 5,000-10,000

3. 10,000-30,000

4. 30,000-50,000

5. 50,000-100,000

6. 100,000-200,000

7. 200,000- 500,000

8. Over 500,000

75

[F1032] Currently what is the most important financial source for

your life after retirement? CardC5] (Only ask family

members over 40)

1. Support from children

2.Savings, investment

3.Social security

4.Retirement/emeritus pay

5.Commercial Insurance

6.Support from spouse or relatives

7.Other（Please Specify）

(II) Medical Insurance

Note to Interview: [F2001]- [F2009] ask all family members about their current health insurance situation. Here health insurance refers to “Social Health

Insurance” and does not include commercial health insurance.

[F2001] Do you currently have social health insurance? This does

not include commercial health insurance.

1． Yes（skip to[F2003]） 2．No

[F2002] Why don’t you have health insurance?

（Can Choose Multiple）[CardC6]

1．Premiums too high, cannot afford

2． Good health, not necessary

3． Not offered by the work unit

4． Low reimbursement ratio

5． Narrow Coverage→skip to[F2019]

6． Reimbursement procedure is cumbersome

7． Have other forms of support


76

[F2003] What form of medical insurance is currently most important

to you？[CardC7]

1． Government covered medical services

2．Reimbursement from work unit

3． Urban employee medical insurance

4． Urban resident medical insurance

5． New rural cooperative medical insurance

6． Student Health Insurance

7． Coordination for serious medical diseases

8． Medical Aid

9．Special insurance for the spouses (or widows) of Red

army soldiers and revolutionary cadres

10．Other（Please Specify）

[F2004] What was the total amount of premium paid last year？

（Unit: RMB）

[F2005] Does the medical insurance have a personal account?

1．Yes 2. No(skip to[F1029])

[F2006] What is the balance of that account？（Unit: RMB）[Method

of Inquiry]


then ask[F2006 it])

77

[F2006 it] The balance of the health insurance account is probably in

which of the following ranges?[Card R9]

1. Under 5,000

2. 5,000-10,000

3. 10,000-30,000

4. 30,000-50,000

5. 50,000-100,000

6. 100,000-200,000

7. 200,000- 500,000

8. Over 500,000

[F2019] Last month, how much was all medical expenses in total?

(not including healthcare expenses)（Unit: RMB）[Method

of Inquiry]

→If [F2001]=2，skip to[F2021]

[F2020] How much of the above medical expenses is paid by

medical insurance？（Unit: RMB）

[F2021] Compared with the peer group， how is [CAPI LOAD

NAME]’s physical condition？

1.Very Good

2.Good

3. Normal

4.Bad

5.Very Poor

(III) Unemployment Insurance

Note to Interview：[F3001]- [F3005] Only ask the situation of unemployment insurance of family members who are adults (over 16) and in employment.

78

[F3001] Does[CAPI LOAD NAME]have an unemployment

insurance？

1. Yes 2. No

[F3002] Did you lose your job last year?


[F3003] Did you register as unemployed with the civil affairs

department？

1. Yes 2. No

[F3004] Did you receive unemployment insurance payments last

year?

1．Yes 2．No（skip to[F4001]）

[F3005] Las year what was the total amount of unemployment

insurance received？（Unit: RMB）[Method of Inquiry]

(IV) Housing Fund

Note to Interview:[F4001]- [F4011] ask all non-retired respondents about their housing funds.

[F4001] Does[CAPI LOAD NAME] have housing provident

fund？


[F4004] Are you still paying to this fund？

1． Yes 2． No（skip to[F4007]）

79

[F4005] Last year what was the average monthly contribution to the

fund ？（Unit: RMB）


answer then ask[F4005it])

[F4005it] Last year the average monthly payment fell

approximately into which of the following

ranges? [Card R10]

1. Under 500

2. 500-1000

3. 1000-1500

4. 1500-2000

5. 2000-3000

6. Over 3000

[F4007] How long have you contributed to the fund？(Unit: Month)

(if over a year, please record in months)

[F4008] What is the balance of the housing fund account?

（Unit: RMB）[Method of Inquiry]

(If respondent doesn’t know or is unwilling to answer then

ask[F4008 it])

80

[F4008it] The balance of housing fund falls into which of the

following ranges?[Card R9]

1. Under 5,000

2. 5,000-10,000

3. 10,000-30,000

4. 30,000-50,000

5. 50,000-100,000

6. 100,000-200,000

7. 200,000- 500,000

8. Over 500,000

[F4009] Last year, did your family use your/his/her housing fund?

1． Yes

2． No（skip to[F6001]）

[F4010] For what reason was the housing fund used?[CardC14]

1． Purchase housing

2． Housing construction, repair and renovation

3． Payment of home mortgage (interest, principal)

4． Pay rent

5． Retirement

6． Termination of labor relations

7． Invest in stocks, etc

8． Emigrate


[F4011] Last year what was the total amount taken from the housing

fund？（Unit: RMB）


answer then ask[F4011it])

81

[F4011it] Last year the total amount taken from the housing fund was

in which of the following ranges? [Card R9]

1. Under 5,000

2. 5,000-10,000

3. 10,000-30,000

4. 30,000-50,000

5. 50,000-100,000

6. 100,000-200,000

7. 200,000- 500,000

8. Over 500,000

2. Commercial Insurance

Note to Interview: Ask all family members about their commercial insurance status.

Display: Below, we would like to learn about your family’s use of commercial insurance.

[F6001] Does[CAPI LOAD NAME]have any of the following

commercial insurances？[CardC15]

1. Commercial Life Insurance（skip to[F6101]）

2. Commercial Health Insurance（skip to[F6201]）

3. Commercial Pension Insurance（skip to[F6301]）

4. Commercial Property Insurance （ excluding car

insurance）（skip to[F6401]）

5. Other Commercial Insurance（skip to[F6501]）

6. None（skip to[G1001]）

Interviewer Note: If the respondent chose more than

one, then ask about the forms of insurance separately.

82

(I) Commercial Life Insurance

[F6101] Who bought life insurance for[CAPI LOAD NAME]?

1. His/Herself 2. Family 3. Work Unit

[F6102] Who are the beneficiaries [CardC16]

1. Respondent

2. Spouse

3. Father/Mother

4. Son/Daughter

5.Brothers and sister?

（Can Choose Multiple）

6.Grandson/granddaughter

7.Parents/parents-in-law

8. Son-in-law/Daughter-in-law

9. Other relatives

10. Not set

[F6103] What is the total coverage of the insurance?

（Unit: RMB）

[F6104] What type of insurance? [CardC17]

1. Life Insurance

2. Death Insurance

3. Endowment insurance

4. Dividend insurance

5. Equity-linked insurance

6. Universal Life Insurance

7. Accidental Injury Insurance

8. Health Insurance


[F6105] Does this kind of insurance pay dividends？


83

[F6106] Last year how much dividends were received

from this policy？（Unit: RMB）

1．有

2．没有

[F6107] Does this insurance return the principal？


[F6108] Last year what amount of the principal was

returned？（Unit: RMB）

[F6109] How frequently is the payment？

1. Monthly

2. Twice a year

3. Quarterly

4. Yearly

5. One time payment（skip to[F6118]）

6. Other

[F6110] In the last five years, what was the average premium

payment?（Unit: RMB）

Note to Interview: In the case that payments haven’t

been made for five years, calculate the average based

upon the time since insurance has been in effect.

[F6111] How many years is an insurance premium payment

required?

[F6112] How many months has it been paid for?

[F6118] Last year did [CAPI LOAD NAME]receive a commercial

life insurance payment?

1. Yes 2. No→return to[F6001]

[F6119] How much was the payment?→Return to [F6001]

84

(II) Commercial Health Insurance

[F6201] Who bought[CAPI LOAD NAME]’s commercial health

insurance ？

1. Self 2. Family 3. Work Unit

[F6202] What type of commercial health insurance？（Can Choose

Multiple）[CardC19]

1. Critical Illness Insurance

2. Medical insurance

3. Income protection insurance

4. Long-term care insurance

5. Other

[F6203] Last year what was the total number of premiums paid？

（Unit: RMB）

[F6204] Last year what was the total amount of reimbursement？

（Unit: RMB）→return to [F6001]

(III) Commercial Pension Insurance

[F6301] Who purchased commercial pension insurance for[CAPI

LOAD NAME] ？

1． His/herself 2． Family 3． Work Unit

[F6302] Last year how much was paid in insurance premiums?

[F6303] What was the total number of premiums paid last year？

（Unit: RMB）

[F6304] Last year, what was the total reimbursement amount

from health insurance? （Unit: RMB）

85

[F6305] Does this insurance pay dividends?


[F6306] Last year how much dividends were received from this

payment？

[F6307] Have you started to receive pension insurance？

1. Yes 2. No（return to[F6001]）

[F6308] Last month, what was the amount of pension payments

received？→ return to[F6001]

(IV) Commercial Property Insurance

[F6401] Other than car insurance, what is the total amount of

commercial property of your family covered by insurance?

（Unit: RMB）

[F6402] What is covered under this insurance？（Can Choose

Multiple）[CardC20]

1. Housing

2. Durables

3. Machineries

4. Livestock

5.Farm produce.

6. Intangible Assets


[F6403] Last year what was the total amount of premium paid by your

family?（Unit: RMB）

86

[F6404] Does this insurance pay dividends?


[F6405] Last year how much did your family receive in dividends?

[F6406] Last year how much did your insurance pay out to your

family？（Unit: RMB）→return to[F6001]

(V) Other Commercial Insurance

[F6501] What are the types of commercial insurance you own?

[F6502] Last year, how much did your family pay in insurance

premiums?（Unit: RMB）

[F6503] Last year how much money did your insurance pay out to

your family? （Unit: RMB）

87

Part 4: Income and Expenditure

I. Consumer Spending

Display：Next we would like to learn about your family’s expenditure, let us start the last month’s

expenditure：

[G1001] Last month how much did your family spend on food, including meals eaten outside ( Unit:

RMB)

[G1002] How much did your family spend for eating out? （Unit: RMB）

（if the respondent doesn’t know，fill -9；not willing to respond，mark-7）

[G1003]Does your family produce any agricultural product?

1．Yes 2. No（skip to[G1005]）

[1004]If you sell the agricultural products produced and consumed by your family on the market,

how much would that be？（Unit: RMB）

[1005]Does your family produce any agricultural product?

1. Yes 2. No（skip to[G1005]）

[1006]If you sell the agricultural products produced and consumed by your family on the market,

how much would that be？（Unit: RMB）

[1007]Last month, how much did you family spend on water, electricity, fuel, property management

fees, and maintenance costs? （Unit: RMB）

（If the respondent doesn’t know，mark-9；not willing to answer，mark-7）

Note to Interview: Daily necessities (such as detergent, soap, toothpaste, toothbrushes and

other toiletries, etc) do not include food or clothing.

[G1003] Last month how much did your family spend on daily necessities? These include items

such as detergent and soap but do not include food or clothing. （Unit: RMB）

（If don’t know, mark-9; not willing to answer, mark 7）

[G1004] Last month how much did your family spend on nannies, hourly workers, drivers and other

household services？（Unit: RMB）


Interviewer Note: Here transportation cost only include local transportation costs but

does not include that of traveling..

[G1008] How much did your family spend last month on local transportation？（Unit: RMB）


88

[G1009] Last month how much did your family spend on communication expenses such as

telephone and internet fees？（Unit: RMB）


Note to Interview: The following entertainment expenditures do not include playing cards, mahjong

or other gambling related expenses.

[G1010] Last month how much did your family spent on newspapers, magazines, CD’s, movie and

show tickets, night clubs, cybercafé, and other education or entertainment related activities?

（Unit: RMB）


Display：The questions below refer to your family’s consumption expenditures last year ：

[G1011] Last year how much did you spend on your own clothes？（Unit: RMB）


[G1011a] Last year how much did your spouse spend on his/her clothing？（Unit: RMB）

[G1011b] Last year how much did your kids spend on their clothing？（Unit: RMB）

[G1012] Last year how much did your family spend on housing decoration, maintenance or

expansion？（Unit: RMB）


[G1013] Last year how much did your family spend on heating？（Unit: RMB）

[G1014] Last year how much did your family spend on color television sets, refrigerators, washing

machines and other household durables？（Unit: RMB）

(If respondent doesn’t know or is unwilling to answer then ask[G1014it])

[G1014it] By your estimation which of the following ranges did the amount your family spent on durables fall in

last year? [Card R9]

1. Under 5,000

2. 5,000-10,000

3. 10,000-30,000

4. 30,000-50,000

5. 50,000-100,000

6. 100,000-200,000

7. 200,000-500,000

8. Over 500,000

[G1015] Last year how much did your family spend buying luxury goods such as designer handbags

or calligraphy/art and so on.?（Unit: RMB）


[G1015it] By your estimation which of the following ranges does the amount your family spend on the luxury

89

goods fall into? [Card R9]

1. Under 5,000

2. 5,000-10,000

3. 10,000-30,000

4. 30,000-50,000

5. 50,000-100,000

6. 100,000-200,000

7. 200,000-500,000

8. Over 500,000

[G1016] Last year how much did your family spend on education and training？（Unit: RMB）


→If A2012a=1 and A3001=1 ，ask G1016a，otherwise skip toG1017

[G1016a] How much of this amount was spent on study abroad？（Unit: RMB）


[G1017] Last year how much did your family spend on purchasing cars, motorcycles, electromobiles

and other means of transportation ？（Unit: 10,000 RMB）


[G1017it] Which of the following ranges did the amount of money your family spend on cars, motorcycles,

electomobiles and other means of transportation last year fall into?[Card R4]

_1. Under 20,000

2. 20,000-50,000

3. 50,000-100,000

4. 100,000-200,000

5. 200,000-500,000

6. 500,000-1,000,000

7. Over 1,000,000

Note to Interview: Travel expenses include transportation, touring tickets and accommodation and

other fees incurred when traveling at one’s own expense.

[G1018] Last year what was your family’s total expenses on travelling and visiting relatives？（Unit:

RMB）


[G1018it]Which of the following ranges is closest to your expenses on travelling and visiting

relatives?[Card R9]

_1. Under 20,000

2. 20,000-50,000

3. 50,000-100,000

4. 100,000-200,000

5. 200,000-500,000

6. 500,000-1,000,000

7. Over 1,000,000

[G1019] Last year how much did your family spend on health care, which does not include medical

treatment expenses.（Unit: RMB）


90

(II) Transfer Expenditure

Note to Interview: Display：Next we would like to gain an understanding of your family’s transfer

expenditure. Here “your family” refers to the aforementioned family members, while “non-family

members” refers to any persons outside your family unit or organizations with the exception of

government.

Note to Interview: Cash assistance refers to direct transfers of cash, assistance of payment, money

used for medical service/ insurance/school fees, payment by installments, holiday gifts/ birthday gifts

/ money given to children as a lunar New Year gift and so on. Non-cash refers to in-kind

assistance and expenditures aimed at helping alleviate the burden of housing or food needs.

[G2001] Last year, did your family give more than 100 RMB in cash or cash equivalents to non family

members？

1. Yes 2. No（skip to[G3001]）

[G2002] Whom is it given to?（Can Choose Multiple）[Card D1]

1. Parents

2. Parents in-law

3. Children

4. Children in-law

5. Grandchildren

6. Grandchildren in-law

7. Brother/Sister

8. Other Relatives

9. Non-relatives

10. Institution

How do the cash and cash equivalents given to non-family members distribute to the following listed

items, if a cash equivalent was given then list its cash value.

[G2004a]Spring festival, Mid-Autumn Festival and other holiday expenses (including money given to

children as a lunar New Year gift)

[G2004b]Weddings and Funerals (birthday money) ________RMB

[G2004c]Education, medical service, living expenses _______ RMB

[G2004d]Others In addition to the above list _______ RMB

(III) Other Expenses

Note to Interview: The aforementioned expenditures include consumption expenditure (this section),

property expenses (part II: assets), operations expenditure (part II: agricultural, industrial and

commercial section), social security expenditure (part III: insurance and security), and transfer

expenditure (this part).

[G3001] In addition to the above expenditures, were there any expenses incurred last year that were not mentioned?

91

This includes expenses caused by unforeseen incidents or playing cards, mahjong and other forms of

expenses.

1. Yes 2. No（skip to[H1001]）

[G3003 ]How much were they？（Unit: RMB）

（If you don’t know，then mark -9，not willing to answer mark-7）

(IV) Transfer Income

Note to Interview: Display：Next we would like to gain a better understanding of your family’s

transfer income situation, here “your family” refers to the aforementioned family members, while

non-family members refers to people outside your family and organizations, except for the

government.

Note to Interview: Cash assistance refers to direct transfers of cash, assistance of payment, money

used for medical service/ insurance/school fees, and payment by installments / holiday

gifts/birthday gifts/ money given to children as a lunar New Year gift and so on, except for in-kind

assistance and expenditures aimed at helping alleviate the burden of housing or food needs.

[H1001] Did your family receive a gift of more than 100 RMB in cash or in-kind from persons outside your family

last year?

1. Yes 2. No(skip to[H2001])

[H1002] Who was this gift given by？（Can Choose Multiple）[Card D1]

1. Parents

2. Parents in law

3. Children

4. Children in law



7. Brother/Sister

8. Other Relatives

9. Non-relatives

10. Institution

How does the cash and in-kind gifts received by your family distribute to the following listed items? ( If

non-cash, please convert to its cash equivalent).

[H1004a] Spring festival, Mid-Autumn Festival and other holiday expenses (including money given to

children as a lunar New Year gift)

[H1004b] Weddings and funerals (including births)_______ RMB

[H1004c]Education, medical service and living expense assistance_______ RMB

[H1004d]Inheritance______ RMB

[H1004e]In addition to the above list other forms of transfer income（Please Specify）________ RMB

92

Note to Interview: Here government subsidies do not include the previously mentioned subsidies

for agricultural production and operations.

[H2001] Last year, did your family receive any of the following subsidies or government grants? Subsidies here

do not include those previously mentioned agricultural subsidies. (Can Choose Multiple)[Card D5]

1. Not Recieved（skip to[H2003]）

2. Welfare Grant

3. One-Child Incentives

4. Five guarantee grants

5. Pensions

6. Relief funds

7. Food subsidies

8. Afforestation Grant


CAPI：load [H2001] selected options

[H2002] Last year，[CAPI load type] how much did you receive？

(V) Other Income

Note to Interview: The following questions require the interviewer to help respondents recall all of

the aforementioned types of income, this includes wage and salary income (first part: work

information), property income (part II: assets), operating income (part II: agricultural industrial

and commercial section), transfer income (part III: insurance and this part).

[H2003] In addition to the income listed above, has your family received income in any of the following ways？

[Card D6]

1. None (skip to[H3001a])

2. Lottery

3. Sale of a house

4. Sale of a car

5. Sale of intellectual property

6. Termination indemnity

7. Playing cards, mahjong

8. （Other(Please Specify)

Note to Interview: If in installments, just record last year’s earnings

[H2004] Last year, what was [CAPI load [H2003] select options ] income？

(If respondent doesn’t know or is unwilling to answer then ask[H2004it])

[H2004it] This income was in which of the following ranges? [Card R9]

1. Under 5,000

2. 5,000-10,000

3. 10,000-30,000

4. 30,000-50,000

5. 50,000-100,000

6. 100,000-200,000

7. 200,000-500,000

8. 50,000

Note to Interview: the following question only refers to the sale of homes and cars.

[H2005] How much tax was paid to the sale of [CAPI load [H2003] select options]?

93

(VI) Other

[H3001a] Last year, how did your family’s total expenditure compare with a normal year?

1. High

2. Low

3. Even

[H3002] If there was a deficit, by which means did your family make up for it？（Can Choose

Multiple）[Card D10]

1. Use past savings

2. Credit card overdraft

3. On Credit

4. Borrow from Friends, relatives, or informal finance organizations

5.Bank loan

6.Sales of Assets

7. Other（Please Specify)

[H3003]If there was a surplus, where was the money used？（Can Choose Multiple）[Card D11]

1. Housing

2. Purchase of financial assets

3. Industrial investment

4. Preparation for retirement

5. Save for education (kids)

6. Save for marriage(kids)

7. Buy durables


[H3004] Last year, was your family’s income high or low if compared with a normal year?

1. Higher

2. Lower（skip to[H3006]）

3. Even（skip to[H3007]）

[H3005] Why was it higher？（Can Choose Multiple）[Card D7]

1. Investment Income

increased

2. Sale of Assets

3. Business Income

increased

4. Increased Wages

/Promotion/New Job

5. More working hours, overtime pay, 2nd

job

6. Started to work

7. Pension Buyout

8. Unconventional Subsidies from employer

9. Housing allowance increased

10. Changes in family

structure/divorce

11. Social security/pension

increased

12. Received a scholarship

13. Inheritance/gift/donation


→skip to[H3007]

[H3006] Why was it lower？（Can Choose Multiple）[Card D8]

1. Investment income decreased

2. Business revenue declined

3. Lower wages/ demotion/job change

4. Less work hours, laid off, unemployed

5. Stopped working/start school/had kids/retired/ other

6. Sick, disabled

94

7. Changes in family structure/ divorce

8. Donations/contributions

9. Legal fees

10. Reduced pension/social

security/ assistance


[H3007]In the last five years, has your family’s income level grown higher or lower than price

increases?

1. Higher

2. Lower

3. Even

[H3008]In the last five years, has your family’s expenditure level grown higher or lower than price

increases?

1.Higher

2.Lower

3.Even

→End of the questionnaire

95

Interviewer Summary

Note to Interview: After the visit, please fill in this part of the survey with your own information.

[J2000] When you visited the main respondents, was there a proxy answering on their behalf？

1. Yes 2. No（skip to[J2001]）

[J2000a]What was this person’s relationship to the respondent：

1. Spouse or partner

2. Parents

3. Wife’s parents/husbands parents

4. Grandparents

5. Children

6. daughter-in-law/Son-in-law



9. Brothers and Sisters

10. Other

[J2001] When you visited the main respondents, in addition to the proxy, was there anybody else present？（Can

Choose Multiple）

1. No one else (skip to[J2003] )

2. Respondent’s spouse

3. Respondent’s parents

4. Respondent’s children

5. Other relatives

6. Other people present

[J2002] During the survey did these people interrupt?

1. Yes, frequently

2. Yes, occasionally

3. No

[J2003] How receptive were the respondents when answering the questionnaire?

1. Very receptive (skip to[J2005] )

2. Receptive (skip to[J2005] )

3. So so (skip to[J2005] )

4. Not very receptive (skip to[J2005] )

5. Receptive at the beginning, less in the end

6. Not very receptive at the beginning, but

gradually became more receptive

[J2004] Why were the respondents reluctant to answer the questionnaire?（Can Choose Multiple）

1. No interest

2. Respondent lost focus, tired

3. Other(Please Specify)_

____

[J2005] When respondents were answering the questions did they need you to explain？

1. Not needed at all

2. Mostly not needed

3. Occasionally needed

4. Frequently needed

5. Very frequently needed

6. Constantly needed

[J2006] In general do you think the respondent understood these topics？

96

1. No, did not understand at all

2. Understood very little

3. Occasionally understood

4. Understood most

5. Understood almost all

6. Understood everything

Note to Interview：Please score 1-10 points ，1 is not as fluent as 10

[J2007] respondents Mandarin level：

Note to Interview: Please score 1-10 point, 1 is poor, 10 is good

[J2008] respondents appearance：

CHFS Questionnaire

Documents

Transcript of CHFS Questionnaire