Education spending accounts for 14% of Chinese families' income

16:19, January 14, 2011      

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Chinese families spend more than 14 percent of their annual income in education, and the ratio is likely to increase in the future, according to a recent report.

The report, jointly launched by and IPSOS Group, shows families with lower income spend proportionately more on education.

The education spending accounts for 17.3 percent of annual income of the families with annual income less than 80,000 yuan, whereas the proportion decreases to 12 percent in families with an annual income above 240,000 yuan.

The fact suggests the group with low income have an imperative demand to improve their lives through education.

By People's Daily Online


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