If you don't need to use this money for a long time, I suggest that you don't choose RMB savings, you can choose to buy government bonds or foreign currency savings.

From the perspective of savings and national debt, national debt should be chosen. Compared with savings, national debt has many advantages:

First, the yield is high. 16 July, although the voucher-type second-phase national debt was affected by the interest rate cut, the three-year interest rate was 3.02% and the five-year interest rate was 3.25%, but it was still higher than the current savings deposit rate 12% and 13% respectively.

Second, it is highly mobile. In case of interest rate increase or other better investment channels, you can pledge the loan, exchange it in advance after one year, and enjoy interest calculation by installments, thus avoiding the disadvantages of early withdrawal of time deposits and interest calculation at current demand; Third, the security is high, and the national debt is guaranteed by national credit, which is called "Phnom Penh bond";

Fourth, there is no need to pay interest tax.