Routledge & CRC Press eBooks are available through VitalSource. This statistic shows the annual per capita disposable income in urban China in 2018, by income quintile. This refers to the total expenditure of resident units for purchases of goods and services from both the domestic economic territory and abroad to meet the needs of material, cultural and spiritual life. Regarding poverty, based on the international $5.50 PPP/day poverty line (in 2011 PPP dollars), the headcount ratio of prefiscal income poverty in China in 2013 was 32.3 percent, 26.5 percent in the urban areas, and 39.2 percent in the rural areas.
Building the Taxation Concept of "No Progress Means Retrogression" 8. CGD is a nonpartisan, independent organization and does not take institutional positions.
Some Special Phenomena of Income Distribution in China's Transformation Period 4. Construction enterprises data are collected in accordance with the Reporting Form System of Construction Statistics stipulated by the National Bureau of Statistics. In 2013 the government committed to reducing rising inequality and persistent pockets of poverty through taxation, the social security system, and cash transfers.
Explore our core themes and topics to learn more about our work. The Statistical Yearbook release updates the following main economic categories: employment, gross domestic product, demographic, energy, foreign direct investment, retail sales, construction, government finance and house price index data.The national data exclude Hong Kong, Macao, and Taiwan, because statistically, they are three independent regions.
The system is separate from the income tax system of Hong Kong and Macau, which are administered independently.
Data on prospecting and designing institutions and their personnel are provided by the Ministry of Housing and Urban-Rural Development, based on the requirements on the annual reporting specified in the Statistical Reporting Form System of Prospecting and Designing stipulated by the Ministry of Housing and Urban-Rural Development.
Since China introduced far-reaching economic reforms in 1978, it has experienced rapid economic growth and social development that has significantly improved the overall well-being of the Chinese population and lifted an enormous number of people out of poverty. Preliminary release is announced in early February through a press release on the NBS website. Between December and January: The online version of China Yearbook is made available for public. Non-residential - Commercial & Retail - Vacancy, Nominal Fixed Investment (gross fixed capital formation), Real Fixed Investment (gross fixed capital formation), National Bureau of Statistics of the People's Republic of China.
the so-called imputed consumption expenditure, which includes the following: (a) the goods and services provided to households by employers in the form of payment in kind and transfer in kind; (b) goods and services produced and consumed by the households themselves, in which the services refer to the owner-occupied housing and services offered by paid family employees; (c) financial intermediate services provided by financial institution. Widening of Chinese Residents' Income Gap and Cause 6. It does not include the expenditure of non-resident units on consumption in the economic territory of the country. First revision in May: Between May to July, there is a revision that gets published only in a hardcopy. Product pricing will be adjusted to match the corresponding currency.
For example, China could rely more on the personal income tax and less on regressive consumption taxes. The sum of the regional data is not equal to the national data due to the decentralized accounting approach.
The latest China …
The Gini coefficient, a gauge of income distribution that ranges from 0 to 1, fell from 0.479 in 2003 to 0.465 in 2016, according to the National …
Based on the information in the CEQ Data Center on Fiscal Redistribution, China’s fiscal system reduces inequality less than Brazil (decline of 0.11) but similarly to Chile (decline of 0.08) and much less than the formerly centrally planned economies of the erstwhile “Soviet bloc,” such as Poland (decline of 0.24) and Russia (0.17). Income Distribution, Property Distribution and Gradual Reform—In commemoration of the 20th anniversary of the publication "Comparative Economic & Social Systems" 10.
The book is an essential reference for students and scholars interested in social and economic reform in Chinese society.
The Chinese government continues to revise its fiscal system, including through personal income tax reforms and value-added tax reforms in 2019. © 2020 Moody’s Analytics, Inc. and/or its affiliates and licensors. Try our corporate solution for free! In other words, China’s fiscal system drove more people into income poverty than it helped to escape poverty. (link: http://www.stats.gov.cn/tjgb/ndtjgb/qgndtjgb/t20120222_402786440.htm) Data dissemination are brief and provide no history, it includes: GDP, CPI, Industrial Product, Industrial Profit, Fixed Asset Investment, Real Estate data, Domestic Trade, Foreign Trade, Foreign Direct Investment, Transport and Tourism, Monetary, Population. China has experienced radical societal change since the initiation of the reform and openness programme in 1978.
The Sampling Survey on Labour Force are conducted using sampling methods. The reduction of overall income inequality and inequality within each area is mainly driven by the equalizing impact of personal income tax, contributions to social security, value-added tax, direct transfers, contributory pensions, and in-kind transfers. It is an annual statistics publication which covers very comprehensive annual data at the National level. When we use the squared poverty gap index, however, the fiscal system is poverty-reducing throughout. The final consumption expenditure is broken down into household consumption expenditure and government consumption expenditure. Study of Property Distribution of Chinese Residents 9.
All data on investments in fixed assets are collected by the system of reporting form with complete enumeration, except data on individual investments in fixed assets in rural areas, which are collected through sample surveys.
Data on trans-provincial projects are provided by various departments under the State Council. With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development.
Zhao Renwei, member of Chinese Academy of Social Sciences (CASS), president of Cairncross Economic Research Foundation, former director of Institute of Economics CASS and former chief editor of Economic Research Journal.
The national population census is conducted in the year ending with 0; the national 1 percent population sample survey is conducted in the year ending with 5; sample surveys on population changes are conducted in the rest of the years which cover about 1 per thousand of the total population of the country. ... Changing these issues is difficult and requires sacrificing some overall growth in exchange for more equitable distribution. CGD blog posts reflect the views of the authors, drawing on prior research and experience in their areas of expertise. For all solutions offered by exclusive survey of global business confidence.
The China statistical yearbook is release annually, and data revision of the previous years would be covered in the latest publication. Wages in China increased to 93383 CNY/Year in 2019 from 84744 CNY/Year in 2018.
Using the $5.50 PPP/day poverty line, the fiscal system reduced the incidence of poverty in the urban areas but increased the incidence of poverty in the poorer rural areas and in all three regions. the company visit moodysanalytics.com.
Regional data in this Yearbook are prepared by the statistical bureaus of the provinces, autonomous regions and municipalities.
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