Title : 40 Per Cent Of China's Population Survive On Just US$141 Per Month
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40 Per Cent Of China's Population Survive On Just US$141 Per Month
SCMP: China confirms more than 40 per cent of population survived on just US$141 per month in 2019
* Last year, the bottom 40 per cent of Chinese households ranked by income, totalling more than 600 million people, had a per capita disposable income of 11,485 yuan (US$1,621)
* The data confirmed the surprising claim made by Chinese Premier Li Keqiang at the end of the National People’s Congress in May
More than 40 per cent of China’s population earned only about 1,000 yuan (US$141) per month last year, the top economic data agency confirmed on Monday, setting the stage for further debate over the income gap in the world’s second largest economy.
The data, quoted in an abstract of the yet to be published statistical yearbook covering 2019, confirmed the surprising claim made by Chinese Premier Li Keqiang at the end of the National People’s Congress in May.
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WNU Editor: A reminder that China is still a very poor country. But this is still a huge improvement when I was living/working there 30+ years ago when 99% of the population were "dirt poor". On the bright side. At least the Chinese government is being honest about this to its citizens.
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