Distribution of Income (2)

CHINA

	HIGH EARNERS	LOW EARNERS
WHERE THEY TEND TO LIVE	-The average income in China's east has been 2.26 times that of the west and it saw a three times difference between the highest and the lowest. -In 2005, disposable income of west urban people was 66.7% of that of east, while in 2004 this rate is 69.7%. -In 2005, disposable income of west rural people was 44.2% of that of east, while in 2004 this rate is 48%. -In 2005, total regional economic growth rate in the west reached 12%.
WHAT KIND OF INDUSTRY	MANFACTURING
STATISTICS
	-Distribution of family income – GINI INDEX -  48 (2009) – 41.5 (2007) -During 2001 to 2003, Chinese economy increased by 10% every year; but the real income of the 10% poorest people decreased by 2.4%. China’s gini coefficient has reached 0.45.(world bank) -The income of top 20% people is eighteen times of that of the lowest 20% people. (Chinese Academy of Social Science) -According to UN’s poverty standard (1 dollar consumption per person a day), there are still 200,000,000 poor people in China, the second largest number in the world, just a little smaller than India. -In 2006, salaried persons contributed 60% of the whole tax income, while the rich contributed only 10%. -Ministry of Finance - the assets of China's wealthiest 10 percent families make up 45 percent of the total wealth of urban residents. -By comparison, 10 percent the families with the lowest income account for only 1.4 percent of the total income of the families in the whole country. -The incomes of those wealthiest families were 8.9 times higher than those poorest families in urban areas. In the rural areas the gap was even larger at 6.7 times.