Title: 2. Urban and Rural Residents’ Income and Consumption in 2009
Abstract:As urban and rural residents' income has rapidly grown, income structure has also changed. With rapid economic development, urban and rural residents' income greatly increased, average consumption exp...As urban and rural residents' income has rapidly grown, income structure has also changed. With rapid economic development, urban and rural residents' income greatly increased, average consumption expenditure per person grew largely, and consumption level increased. The most remarkable change to urban and rural residents' living standard is manifested in the unceasing upgrade of consumer durable goods. Although residents' consumption maintained quick growth since the reform, in reality, it is lower than the economic growth rate during that same period. Through the income distribution policy, as a matter of fact, increasing the income of residents will increase the scope of income increase for medium- and low-income groups. Keywords:consumption level; economic development; income distribution policy; rural residents income; urban residents incomeRead More
Publication Year: 2011
Publication Date: 2011-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
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