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People's Income Registers Double-digit Growth in 2006

Chinese urban and rural residents all see their per capita disposable income record a double-digit growth in 2006, faster than the previous year, said the National Bureau of Statistics in Beijing on Thursday.

 

Urban residents in China earned 11,759 yuan (US$1,500) in per-capita disposable income last year, up 12.1 percent from the year earlier, according to the NBS.

 

The inflation-adjusted growth was 10.4 percent, 0.8 percentage points faster than the year-earlier level, NBS said.

 

Last year, rural residents in China had their per-capita income increase by 10.2 percent to 3,587 yuan (US$460). After deducting the price fluctuation, the real growth rate was 7.4 percent, 1.2 percentage points faster than the previous year.

 

The registered urban unemployment rate stood at 4.1 percent by the end of 2006, 0.1 percentage points down from the year-end of 2005.

 

(Xinhua News Agency January 25, 2007)


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