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China's rich-poor gap narrows in 2014

(Xinhua)    15:04, January 20, 2015
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BEIJING, Jan. 20 -- The Gini coefficient, an index reflecting the rich-poor gap, dropped for the sixth consecutive year in China since a peak recorded in 2008, new data showed Tuesday.

The index stood at 0.469 in 2014, dropping for six years in a row since the index hit its 0.491 high in 2008, the National Bureau of Statistics (NBS) said in a statement.

Last year, the average disposable income of Chinese residents rose 8 percent in real terms to 20,167 yuan (3,294 U.S. dollars), faster than a 7.4 percent economic growth, the NBS said.

The disposable income of rural residents increased 9.2 percent year on year, while that for urban residents rose 6.8 percent. 

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Liang Jun,Bianji)

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