|
Assets of China's urban families have made a-quarter jump in the 18 years before 2002, reaching to 228,300 yuan (US$27,606) on average by the end of June, according to a latest report by the National Bureau of Statistics published on today's Shanghai Securities Times.
The report, entitled the Report on Assets of Chinese Urban Families, indicated the financial assets of the families mount to 79,800 yuan, with 92.4 percent in Chinese currency renminbi and the rest 7.6 percent in foreign currencies.
The report is based on a survey the national statistical bureau made between May and July this year on 3,997 families in Tianjin and other cities of the seven provinces of Hebei, Shandong, Jiangsu, Guangdong, Sichuan, Gansu and Liaoning.
The report concluded the current wealth distributing system in China's urban area is reasonable and effective.
According to the report, real estate assets constitute the largest share of the Chinese families' properties, accounting for nearly 48 percent of their total assets and mounting to 109,400 yuan.
Followings are financial assets follow (35 percent), business assets (12 percent) and durable consumption (5 percent).
In the financial assets, 70 percent is bank savings, reaching to 51,200 yuan, and 10 percent is stocks, totaling 7,400 yuan. The rest are treasury bonds, insurances and loans.
(eastday.com September 28, 2002)
|
