Tuesday, September 25, 2007

Interesting news from China....

The Shanghai Daily reported some interesting statistics about the net income for the residents of China.....China's economics are booming but this will put it into perspective and give you an idea about the struggles of the Chinese people.

"The gap in net income between urban dwellers and rural residents reached 8,172.5 yuan (US $1086.77) last year, a rise of almost 2,300 yuan from 5,892.74 yuan in 2005, Vice Agriculture Minister Yin Chengjie told a press conference in Beijing. Urban residents' average annual income reached 11,759 yuan in 2006, while incomes for rural dwellers are only 3,587 yuan. The average income of farmers around the country grew by 314 yuan, or 13.3 percent, to 2,111 yuan in the first half of this year, which was the fastest income increase since 1995."

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