Survey Shows Most Chinese Confident about Economic Outlook

Home>>Business

Last updated at: (Beijing Time) Friday, March 07, 2003

Survey Shows Most Chinese Confident about Economic Outlook

A survey conducted by the National Bureau of Statistics shows that most Chinese people feel confident about the economic prospects in 2003, the Shenzhen Commercial Daily reported Friday.

DISCUSSION

CHINESE

SEND TO FRIEND

A survey conducted by the National Bureau of Statistics shows that most Chinese people feel confident about the economic prospects in 2003, the Shenzhen Commercial Daily reported Friday.

A total of 3,000 residents in the country's eastern, central and western urban areas were asked about their views on the economic situation in 2002 and 2003.

Nearly 97 percent of the respondents expressed optimism about the country's economic prospects this year. About 59 percent of the respondents said they expect a better economic situation this year than last year and 38 percent said they expect no significant change.

Among the respondents, 85.7 percent approved of the nation's economic development in the past year, and 35.5 percent believed that the economic situation in their regions was better last year than the previous year, while 50.2 percent thought the situation had remained the same.

As to family income, 26.6 percent of the respondents said their family income had increased over the past year, compared with the previous year, while 21.8 percent said they earned less than the previous year. The remainder reported no significant change in earnings during the two years.

While 41.8 percent of the respondents expect their family incomes to rise this year, 12.7 percent predict a possible declinein family income.

As for how family income is used, 72 percent said that most is spent on consumption, 15.1 percent said that most of their income is invested and 12.9 percent said that most of their income is deposited in banks.

Questions?Comments? Click here

Interview: Why Does China Start Lunar Exploration Program? ( 5 Messages)

China-ASEAN Economic Cooperation Upgraded ( 19 Messages)

New Type of Nuclear Reactor Put into Use in Beijing ( 3 Messages)

Will Russian Oil Pipeline Lead to China or Japan? ( 23 Messages)

China's GDP Hit 1.23 Trillion US Dollars in 2002: NBS ( 4 Messages)

UAE Appeal on Saddam's Fate Draws Mixed Reactions ( 3 Messages)