Urban/Rural Gap Deepened in ChinaDeepened urban/rural economic gap has been seen in China, according to statistics released by the State Statistic Bureau.In the past three quarters this year, urban residents' disposable income showed an 8.4% increase to a per-capita amount of RMB$4719 yuan while a mere per-capita sum of RMB$1,500 yuan, 2.5% up, was registered by the rural populace. Farmers' per-capita income was only 30% that of urban, a fact mainly caused by their migrant move seeking for temporary jobs in cities, being given no great chance for big per-capita increases in income in the rural areas. A slow consumption growth was consequently noted in rural China though it has the greatest market potential to be exploited. |
People's Daily Online --- http://english.peopledaily.com.cn/ |