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Strategies & Market Trends : China Warehouse- More Than Crockery
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To: RealMuLan who wrote (4354)2/9/2005 12:28:53 PM
From: RealMuLan  Read Replies (1) of 6370
 
China spends 17 bn yuan to help urban poor
www.chinaview.cn 2005-02-09 22:36:18

BEIJING, Feb. 9 (Xinhuanet) -- China spent 17.29 billion yuan (2.1billion US dollars) in 2004 to help more than 22 million urban residents living below the minimum standard of living.

According to the Ministry of Civil Affairs, residents whose monthly income is below 159 yuan (19.27 US dollars), received a monthly stipend of 65 yuan (7.9 US dollars), up 7 yuan (0.8 US dollars) from 2003.

With a pilot program started in Shanghai in 1993, the basic living allowance has now spread across China and stands as the most basic form of governmental social assistance.

The minimum standard of living varies in different regions, depending on local prices.

In rural areas, nearly 5 million farmers received 1.74 billion yuan (210,910 US dollars), an average of 29.1 yuan (3.52 US dollars) per month.

According to the ministry, more than 1,200 counties have established a minimum standard of living system. About 8.75 million poverty-stricken farmers received 1.69 billion yuan in 2004 (204,848 US dollars) with a monthly allowance of 16 yuan (1.9US dollars) per person.

The Chinese government has promised to improve the system and raise the amount of allowance to better guarantee the minimum living standards in both cities and the countries in 2005. Enditem

news.xinhuanet.com
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