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February 17, 2010

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Disposable income up about 8%: city survey

SHANGHAI people last year had 14 cars per 100 urban households, up from 11 vehicles in 2008, according to the city's statistics authority.

It wasn't the only sign of increasing prosperity, according to the Shanghai General Team at the National Statistics Bureau.

A survey by the general team showed that personal disposable income last year for Shanghai's urban residents was 28,838 yuan (US$4,221) per person, up 8.1 percent from a year ago.

Similar income for rural residents was 12,324 yuan per person, an increase of 8.2 percent from 2008.

According to the survey, each urban resident spent an average of 20,992 yuan on consumption last year, an 8.2 percent increase from 2008.

By the end of 2009, each 100 urban families in Shanghai enjoyed 196 air conditioners, 223 mobile phones and 123 computers, the bureau said.

In the city's rural areas, each 100 families owned 135 air conditioners, 174 mobile phones and 54 computers.

The city population last year was about 19.21 million, said the general team.

A total of 10.58 million people were employed, up nearly 50,000 from 2008.

Some other highlights from the survey:

The living space per capita was 17.2 square meters by the end of 2009 amid the rocketing housing prices.

A total of 33.72 million square meters of houses were sold last year, a 47 percent jump from a year ago.

The city demolished 6.13 million square meters of old houses last year and relocated more than 65,000 families.

In addition, local residents had nearly 1.44 trillion yuan of surplus at their bank accounts by the end of 2009, including 22.69 billion yuan generated last year.


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