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Home >> Business
UPDATED: 08:21, February 05, 2006
Residents' income continues to increase in E. China province
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The per-capita disposable income of urbanites in East China's Zhejiang Province reached 16,294 yuan (2,009 U.S. dollars) last year, a year-on-year increment of 12 percent.

Allowing for price rises, the real-term growth was 10.4 percent, said the provincial bureau of statistics.

Last year, the per-capita pure income of rural residents in Zhejiang stood at 6,660 yuan, up 9.3 percent year-on-year.

The growth rate was revised to 6.4 percent after deducting price factors, the bureau said.

Residents in both urban and rural areas had their combined outstanding savings deposits reach 912.3 billion yuan (112.5 billion U.S. dollars) at the end of last year, up 17.8 percent from the year-earlier level.

In a related development, the per-capita living space increased by 2.2 square meters to 26.1 square meters for urban citizens in Zhejiang and rose 3.7 square meters to 55 square meters for rural dwellers.

Source: Xinhua


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