Friday,September 03,2010
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Income Increased by 10%? No feeling

Updated Beijing Time

The personal income of urban residents in Guangdong Province in the first half this year registered a year-on-year rise of about 10%, according to the provincial authority's recent statistics, Southern Metropolis Daily reports.

But the majority of the interviewed locals do not feel the 'official rise'.




A bank in service operation in Guangdong province.



The Disposable Income Per Capita in urban areas reached 11,300 RMB (1657 USD) in the first half, up by 9.8% from 2008. The monthly Cash Income Per Capita in countryside amounted to 3,741 RMB (549 USD), up by 7.7% from last year.

Among the 18 people interviewed in Guangzhou, Dongguan, Shaoguan, and Heyuan, only 4 said they felt the increase. Five thought the income dropped, however, while others remarked 'no feeling'.

A statistics official explained that the rise was mainly attributive of the increase of teachers' salary and allowance in some regions, pension, and the living security bottom-line by some local governments.

The average Transferring Income Per Capita of urban residents chalked up a 20% surge, which was also a major contribution.

Source: Lifeofguangzhou.com

Editor: Ronald Li

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