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Last updated at: (Beijing Time) Friday, January 25, 2002

Disposable Income for Beijingers Rises

The disposable income of Beijingers rose significantly in 2001, according to city mayor Liu Qi. He said that last year Beijing witnessed a marked rise in local residents' disposable income and consumption, and there was a noticeable improvement in housing, social security and traffic.


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The disposable income of Beijingers rose significantly in 2001, according to city mayor Liu Qi.

Addressing the fifth session of the 11th Beijing Municipal People's Congress on Friday, Liu said that last year Beijing witnessed a marked rise in local residents' disposable income and consumption, and there was a noticeable improvement in housing, social security and traffic.

Liu said the per capita disposable income for urban residents reached 11,577.8 yuan (1,394.9 U.S. dollars), a rise of 8.5 percent year-on-year; the per capita disposable income for farmersamounted to 5,099 yuan, an increase of 8.9 percent.

Beijing received more than 2.85 million overseas visitors in 2001, a rise of 1.31 percent, earning 2.95 billion U.S. dollars inforeign exchange. Domestic visitors to the Chinese capital totaled74.62 million, up by 10.7 percent.

Beijing built 18.049 million square meters of housing last year,with the per capita floor space reaching 17.6 square meters.

Nearly one million square meters of unsafe housing was demolished in the downtown area and more than 80,000 families wereresettled in new homes.

Laid-off workers and retirees were provided with basic living expenses and old age pension in due time and in full sum. The registered unemployment rate was 1.2 percent.

Liu Qi said that the 60 tasks the local government had promisedto do for the public have all been completed. In 2001, a total of 54 new bus routes went into operation.







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