Income growth of rural residents outstripped that of their urban
counterparts in China in the first nine months of this year,
according to official statistics.
A survey of 68,000 rural households nationwide showed that
average cash income per person reached 3,321 yuan (US$442) for the
first three quarters of this year. After taking into account
inflation, it rose 14.8 percent over the same period last year, the
National Bureau of Statistics (NBS) announced on Friday.
The NBS also found that after sampling 59,000 urban households,
the per-capita disposable income of the country's urban residents
grew by 13.2 percent in real terms to 10,346 yuan over the first
three quarters of this year.
This comes against a background of a widening gap between rich
and poor in China. Statistics released in September showed that the
average annual income of urban residents in 2006 was 3.28 times
that of their rural counterparts, up from 3.22 in 2005 and 3.21 in
2004.
An NBS official said a wage increase for non-farming jobs and
price rises of farm products are major factors fuelling income
growth for rural residents.
According to NBS figures, both the per-capita wage income and
the income from selling farm products for rural residents rose
around 20 percent in the first nine months. The country has been
increasing investment in rural areas to narrow the income gap
between rural and urban residents.
(Xinhua News Agency October 27, 2007)
