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People's livelihood

Posted:2009-06-08 15:09:44  

Guangzhou is a booming city with a strong economy and fast growth, which benefits the people's livelihood along the way. Compared with Beijing, Shanghai, Tianjin, Chongqing, Xi'an, Wuhan, Shenyang, Harbin and Nanjing, Guangzhou now has the highest per-capita income and living expenditure with the Engel Index dropping below 39.4%, which shows that the Guangzhou residents as a whole are now enjoying an affluent life. Just within the 5 years from 2000-2005, the per capita disposable income of Guangzhou residents increased by 50.7%. Living expenditures are now entering a period of growth and luxury. Evidence of increasing expenditure in housing, cars, education, entertainment, transportation and communication indicates that the people's living standard is on the rise. (The End)

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