日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

China's rural migrants key to consumption

(Agencies) Updated: 2012-08-21 13:15

China's domestic migrant labor force could power consumer spending growth in the world's second biggest economy if workers had better access to basic welfare services in the cities where they live and work, a new government report says.

The 230 million-strong migrant workforce drives China's economy, but a lack of access to education, health and other services tied to the country's strict household registration - or hukou - system forces massive saving, restraining Beijing's efforts to shift growth's focus to consumption from investment.

"Giving the migrant population living in cities permanent status and giving them equal access to fundamental public services would greatly stimulate China's consumption growth," the National Population and Family Planning Commission said in its latest annual report.

Consumption-driven growth is regarded by many economists as a more stable development model for China than the investment-driven path trodden so far, which the International Monetary Fund says stokes over-capacity and inefficiency.

Beijing sees the rise of consumers as the key driver of growth for a generation to come in the wake of the massive urbanization of the last three decades that lifted an estimated 600 million people from poverty and turned China's export-focused factories into the new workshops of the world.

China's migrant workers in their millions flood into cities each year from the impoverished countryside. They are relatively low paid, but have earned annual double-digit pay rises for years, making them a huge potential source of consumer spending.

Migrant workers spent an average of 56 percent of the salary increases they earned in 2011, according to data in the report.

It showed that monthly spending per capita rose by 230 yuan ($36) in 2011 from a year ago based on average pay increase of 406 yuan to 2,253 yuan a month.

Migrant workers living in any given city for one year spent 1,761 yuan on average, increasing to 2,609 yuan if they stayed for five years or longer, the report said.

The report found only 23.1 percent of Chinese migrants had pension insurance in the city in which they lived in 2011, 13.6 percent of them were covered by unemployment insurance and 64.3 percent had medical insurance.

That forces migrants into massive precautionary saving to pay market rates for services in cities.

City dwellers covered for six basic welfare services typically spend 1.4 times as much as those who are not, the report found.

The report forecasts China will have 250 million migrant workers by 2015, 190 million without access to welfare services.

Some economists say China's pool of low-cost labor is quickly drying up, pushing the country close to a turning point where wages are set for rapid gains.

However, the report said China's labor supply would continue to be abundant with the workforce reaching 885 million in 2050, albeit decelerating from a peak of 1 billion-plus, forecast to arrive in 2016.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日韩在线视频播放 | 一区二区视频在线播放 | 日韩第四页 | 国产精品久久视频 | 91爱爱视频 | 国产成人麻豆精品午夜在线 | 亚洲日本欧美 | 久久伊人影视 | 国产激情二区 | xxx一区| 欧美一级片在线 | 91天天操| 久久99久久99精品免观看粉嫩 | 香蕉视频在线网站 | 欧美另类精品 | 日本黄色小视频 | 特黄aaaaaaaaa真人毛片 | 日本中文字幕网站 | 国产一区二区三区自拍 | 国产影视一区二区 | 69天堂网| 国产免费黄色片 | 成人在线免费观看视频 | 亚洲男人天堂视频 | 亚洲大片免费 | 黄色亚洲视频 | 国产成人精品片 | 四虎影视永久免费 | 免费观看一级一片 | 欧美另类视频在线观看 | www一级片 | 黄色大片一级片 | 可以在线观看av的网站 | 人人插人人插 | 国产做受网站 | 欧美特黄一级 | 亚洲精品91 | 天天爽夜夜爽人人爽 | 色视频在线看 | 欧美日韩一二三四区 | 欧美一区二区不卡视频 |