Rising inflation keeps urban poor struggling
(Shanghai Daily)
Updated: 2008-01-04 10:32
The per capita disposable income in rural areas may have reached eight percent last year, the fastest growth in 11 years, the paper noted.
The paper also revealed that the disposable income of urban high income earners was almost 2.26 times the national average.
The rich pursue a high quality lifestyle, spending a great deal of their income on overseas travel, luxury hotels, golf and up-market imported products, the paper said.
The report also revealed that even with a growing skills shortage, university students were having a harder time finding job. Around one million of the nearly five million graduates last year didn't find a job.
|
