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Costs keep rising for city residents
By Dong Zhen |
September 15, 2011, Thursday
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Print Edition
Print Edition
AN average Shanghai resident spent 749 yuan (US$117) last year for daily transportation, about 40 percent more than five years ago, a local government investigation showed, while spending on services went up even more.
Growing fuel prices and continuous development of mass transit in the city were behind the transport increase, the report said.
The Shanghai Statistics Bureau announced the results of a new survey that looked into spending for daily-life products and services among local households in 2010 and compared the results to those from five years ago.
In general, local residents spent 6,955 yuan per capita on services last year compared to 2005, a 56 percent increase. The category included activities such as dining at restaurants and going to movies.
Locals' thirst for owning their own cars is reflected by the 277 percent growth in their annual cost for private vehicles. The survey showed that in 2010, the per capita cost for owning vehicles was 494 yuan, nearly 3.8 times the expenditure in 2005.
Local families owned nearly 3.1 million private cars by end of 2010, and the number is growing by at least 8.7 percent annually, according to local traffic authorities. The local government has adopted a bidding system for licensing of local vehicles as a means to control their growth. Skyrocketing bidding prices for local car plates shows the strong demand.
Compared with expenditures for basic services such as medical care, locals are spending more on transportation, Internet and eating out, the survey showed.
In 2010, an average local spent 963 yuan at restaurants, up 45 percent from five years ago. The survey used only half the amounts that people reported spending in restaurants to separate food spending from service spending.
Advancing telecommunications technologies have also boosted spending on these services.
The survey found a local resident paid 978 yuan for phone and Internet bills last year, up 45 percent from five years ago.
An average member of a local family spent 265 yuan in monthly house rent in 2010, an increase of 137 percent from 2005, reflecting the continuous growth in local housing costs.
Growing fuel prices and continuous development of mass transit in the city were behind the transport increase, the report said.
The Shanghai Statistics Bureau announced the results of a new survey that looked into spending for daily-life products and services among local households in 2010 and compared the results to those from five years ago.
In general, local residents spent 6,955 yuan per capita on services last year compared to 2005, a 56 percent increase. The category included activities such as dining at restaurants and going to movies.
Locals' thirst for owning their own cars is reflected by the 277 percent growth in their annual cost for private vehicles. The survey showed that in 2010, the per capita cost for owning vehicles was 494 yuan, nearly 3.8 times the expenditure in 2005.
Local families owned nearly 3.1 million private cars by end of 2010, and the number is growing by at least 8.7 percent annually, according to local traffic authorities. The local government has adopted a bidding system for licensing of local vehicles as a means to control their growth. Skyrocketing bidding prices for local car plates shows the strong demand.
Compared with expenditures for basic services such as medical care, locals are spending more on transportation, Internet and eating out, the survey showed.
In 2010, an average local spent 963 yuan at restaurants, up 45 percent from five years ago. The survey used only half the amounts that people reported spending in restaurants to separate food spending from service spending.
Advancing telecommunications technologies have also boosted spending on these services.
The survey found a local resident paid 978 yuan for phone and Internet bills last year, up 45 percent from five years ago.
An average member of a local family spent 265 yuan in monthly house rent in 2010, an increase of 137 percent from 2005, reflecting the continuous growth in local housing costs.
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