Chinese people's income growth falls behind GDP growth

时间：2007-03-27 07:03:46

（单词翻译:单击）

Chinanews, Beijing, Mar1. 26 – A recent survey about Chinese consumer market condition shows that in 2006, Chinese people's income growth rate fell behind the national GDP growth rate, profit growth rate of state-owned enterprises, and the increasing rate of government taxation2. Only young people's income growth rate can catch up with the country's economic development, the Bejing Youth Daily reported.

 

In order to conduct the survey, Credit Suisse, a well-known international financial institution, investigated 2,700 residents from the cities of Beijing, Shanghai, Guangzhou, Shenzhen, Shenyang, Wuhan, Chengdu and Xi'an, whose income level falls into different categories. The report was released last Sunday. This is the third consecutive3 year that Credit Suisse followed Chinese people's income situation.

 

Based on the survey result, Chinese people's average income in 2006 (after tax was deducted) was 5,043 yuan, slightly lower than the previous year when the related figure was 5,081 yuan. Shenzhen people's family income reached 7,554 yuan, the highest among all the eight Chinese cities. People’s family income in Beijing was 5,528 yuan, lower than that of Shanghai (5,816 yuan) and higher than that of Guangzhou (5,383 yuan).

 

The investigation4 also shows that Chinese people favor foreign-branded cars. However, in choosing cosmetic5 products, they tend to buy domestic ones. In terms of food, Chinese people care more about food safety than the price of food. Apart from Shanghai, most Chinese people think that housing price will continue to rise in future.

 

While Chinese economy grew rapidly in 2006, Chinese people's planned expenditure6 and their actual expenditure both dropped compared with the previous year (expenditure on housing was excluded). The apparent contradictory7 phenomenon might be attributable to two factors: first, consumers expected the price of most commodities, such as cars and electronic goods, would further drop; at the same time, people's income would increase rather slowly, said Cheng Changhua, Credit Suisse research department manager in China.

 
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1 mar f7Kzq     
vt.破坏，毁坏，弄糟
参考例句：
  • It was not the custom for elderly people to mar the picnics with their presence.大人们照例不参加这样的野餐以免扫兴。
  • Such a marriage might mar your career.这样的婚姻说不定会毁了你的一生。
2 taxation tqVwP     
n.征税，税收，税金
参考例句：
  • He made a number of simplifications in the taxation system.他在税制上作了一些简化。
  • The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
3 consecutive DpPz0     
adj.连续的，联贯的，始终一贯的
参考例句：
  • It has rained for four consecutive days.已连续下了四天雨。
  • The policy of our Party is consecutive.我党的政策始终如一。
4 investigation MRKzq     
n.调查，调查研究
参考例句：
  • In an investigation,a new fact became known, which told against him.在调查中新发现了一件对他不利的事实。
  • He drew the conclusion by building on his own investigation.他根据自己的调查研究作出结论。
5 cosmetic qYgz2     
n.化妆品；adj.化妆用的；装门面的；装饰性的
参考例句：
  • These changes are purely cosmetic.这些改变纯粹是装饰门面。
  • Laughter is the best cosmetic,so grin and wear it!微笑是最好的化妆品，所以请尽情微笑吧！
6 expenditure XPbzM     
n.(时间、劳力、金钱等)支出；使用，消耗
参考例句：
  • The entry of all expenditure is necessary.有必要把一切开支入账。
  • The monthly expenditure of our family is four hundred dollars altogether.我们一家的开销每月共计四百元。
7 contradictory VpazV     
adj.反驳的，反对的，抗辩的；n.正反对，矛盾对立
参考例句：
  • The argument is internally contradictory.论据本身自相矛盾。
  • What he said was self-contradictory.他讲话前后不符。

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