China reported a 17.8
percent year-on-year growth in average wage for urban employees in
the first quarter of this year, sources with the National Bureau of
Statistics said on Saturday.
In the January-March period, urban employees' pay
averaged 5,516 yuan (US$716), up 17.8 percent from the same period
of last year.
According to the bureau's sample survey of 59,000
urban households nationwide, urban residents' per-capita disposable
income stood at 3,935 yuan (US$511) in the first quarter, up 19.5
percent, or 16.6 percent in real term.
The urbanites' spending on consumption averaged 2,620
yuan (US$340) per-capita, up 16.7 percent, or 13.9 percent in real
term.
In a related development, the cash income of rural
dwellers went up 15.2 percent, or 12.1 percent in real term, to
1,260 yuan (US$164) in the three-month period.
The real-term growth in urbanites' income was 5.8
percentage points higher year-on-year, while farmers' income grew
0.6 percentage points quicker.
(Xinhua News Agency April 28, 2007)
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