Abstract: This paper empirically analyzes the residents’ deposit during the 1991-2000 sample period in China by the latest time serial approach. The Cointegration test studies a possible long-term equilibrium relationship between the residents’ deposit and the determinants such as income, price, interest rate and capital market. The Beta coefficient and elasticity coefficient are also studied. The short-term influences of those determinants are studied by the Error Correction Model, which can describe the mechanism of the adjustment toward long-term equilibrium. This paper shows that the residents’ deposit in China has some new features during this period.