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Farmers' income growth reaches 7-year high
(Xinhua)
Updated: 2004-07-16 14:47
The average cash income of China's rural residents reached 1,345 yuan
(US$162.6) in the first half of 2004, up 16.1 percent, or 10.9 percent
accounting for inflation, over the same period of last year.
The growth rate was 8.4 percentage points higher than last year,the fastest
growth since 1997, said Zheng Jingping, spokesman of National Bureau of
Statistics, at a press conference Friday.
From January to June, the disposable income of urban residents reached 4,815
yuan (US$581.8), up 11.9 percent, or 8.7 percent accounting for inflation, over
the same period of last year, Zheng said. The urban growth rate was up 0.3
percentage point.
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