SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : China Warehouse- More Than Crockery

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RealMuLan who wrote (5705)2/11/2006 10:46:05 PM
From: RealMuLan  Read Replies (1) of 6370
 
Experts: China's urban poverty worsens
www.chinaview.cn 2006-02-12 10:11:26

BEIJING, Feb. 12 (Xinhuanet) -- Despite the country's booming economy China's urban poverty has worsened according to the China Youth Daily which quotes dozens of economists.

The economists told the paper that the proportion of urban residents living in poverty is now higher than that of rural residents. The poverty rate in China's cities is six to eight percent, which is higher than that in the countryside.

The number of rural residents living in poverty fell from 250 million in 1978 to 26.1 million in 2004.

Previously the urban poor were made up of those who were incapable of working but they now include many unemployed people, experts said.

Farmers moving to cities, laid-off workers of state-owned enterprises, residents in resource-exhausted cities and senior citizens relying only on pensions make up the largest proportion of the urban poor, experts said.

China has not established an urban poverty standard nor conducted related research on national basis. Only after those arecompleted can the country begin to tackle the problem, experts said. Enditem
news.xinhuanet.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext