Average household spending rises nearly 50%
By Dong Zhen |
April 16, 2011, Saturday
|
Print Edition
Print Edition
AN average household in Shanghai is spending nearly 50 percent more on daily family expenses in 2010 compared to five years ago, a local government-supported survey has found.
Locals also expressed a strong call for a more equal income distribution among different social groups, said a survey conducted by the Shanghai Academy of Social Sciences, released yesterday.
Living expenses for families has surged considerably between 2005 and 2010 due to soaring consumer product prices, especially food.
The survey showed in 2010, an average family spent about 3,513 yuan (US$537) each month on daily expenses, a rise of 46 percent from five years ago. The spending gap between families proved significant as the lowest family expense per month was only 410 yuan while the highest was 55,000 yuan. Compared to 2005, the lowest and highest monthly spending increased 46 and 175 percent respectively, the survey found.
Locals were least satisfied with their incomes when asked to rate their satisfaction with certain things that included health care, housing and education services.
"People are expecting pay raises and changes in the social income distribution system," said Lu Xiaowen, deputy director with the institute.
Due to pressure from soaring living costs, residents said they were most concerned about their future income.
Locals also expressed a strong call for a more equal income distribution among different social groups, said a survey conducted by the Shanghai Academy of Social Sciences, released yesterday.
Living expenses for families has surged considerably between 2005 and 2010 due to soaring consumer product prices, especially food.
The survey showed in 2010, an average family spent about 3,513 yuan (US$537) each month on daily expenses, a rise of 46 percent from five years ago. The spending gap between families proved significant as the lowest family expense per month was only 410 yuan while the highest was 55,000 yuan. Compared to 2005, the lowest and highest monthly spending increased 46 and 175 percent respectively, the survey found.
Locals were least satisfied with their incomes when asked to rate their satisfaction with certain things that included health care, housing and education services.
"People are expecting pay raises and changes in the social income distribution system," said Lu Xiaowen, deputy director with the institute.
Due to pressure from soaring living costs, residents said they were most concerned about their future income.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
