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Urban Dwellers' Disposable Income Up 7%

China's per capita disposable income of urban residents stood at 7,072 yuan (US$850) in the first three quarters of 2004, up 7 percent in real terms from last year, said a report from the National Bureau of Statistics Wednesday.

 

Statistics showed that the urban dwellers' average wage income rose by 11.8 percent year-on-year to 5,364 yuan (US$646). During this period, Chinese people earned 54.5 percent more from house lease over a year earlier, or an average of 65 yuan (US$7.8).

 

Meanwhile, Chinese urban residents spent more. The per-capita spending went up 10.9 percent year-on-year to 5,373 yuan (US$647), up 6.5 percent in real terms.

 

Urban dwellers spent 40 percent more in transportation comparedto a year earlier. During this period, their per-capita expenses for health care products went up 41 percent over a year earlier.

 

(Xinhua News Agency October 28, 2004)

 

Urban Population Hits 338 Million
Shanghai Government Pledges to Increase Residents' Income
Citizens' Disposable Incomes Continue to Grow
Report Reveals Big Earners & Eager Customers
Disposable Income Rises in Tianjin
Disposable Income Rises in N. China
More Urbanites Own Their Houses
Average Salary of Urban Workers Up15.2 Percent in 2001
City Dwellers See Improvement in Their Lives
Urban Residents Spending More on Clothes
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