China's rural resident disposable income up 40 times over past 70 years

          Source: Xinhua| 2019-08-08 00:59:28|Editor: Yamei
          Video PlayerClose

          BEIJING, Aug. 7 (Xinhua) -- China has seen rapid income and consumption growth in rural areas over the past 70 years, according to a report from the National Bureau of Statistics (NBS).

          In 2018, rural per capita disposable income had increased 40 times from 1949 to stand at 14,617 yuan (about 2,088 U.S. dollars) in real terms after deducting price factors, up 5.5 percent on average annually, the NBS said.

          The country's urban-rural income gap narrowed remarkably, with the ratio of per capita disposable income for urban residents to that of rural residents hitting 2.69 in 2018, 0.64 lower than 1956.

          The rural consumption level continued to rise in the last 70 years, as indicated by its expanding size and improving quality.

          Per capita rural consumption grew by an average annual rate of 5.2 percent to reach 12,124 yuan in real terms in 2018 after deducting price factors, up 32.7 times from 1949, while the Engel coefficient for rural residents dropped 38.5 percentage points from 1954 to reach 30.1 percent.

          Per capita living space in rural areas reached 47.3 square meters, posing a sharp contrast to 8.1 square meters in 1978, according to the report.

          Household consumption in rural areas also increased, with the average ownership of cars, computers and cell phones per 100 households reaching 22.3, 26.9 and 257, respectively in 2018.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011103261382916101
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  制服.丝袜.亚洲.中文.综合 | 亚洲国产欧美精品一区二区 | 在线看片免费人成视频免费大片 | 亚洲欧美卡通在线一区 | 一区精品在线免费观看 | 午夜国产免费观看 |