June 15, 2021
1 min read

Villagers facing widening income inequality in China

China has an urban population of roughly 900 million while another 500 million live in rural areas…reports Asian Lite News

Beijing’s push to modernise rural areas of China claiming to improving lives and reducing poverty, Chinese villagers across the nation are facing an even wider gap in income inequality against their urban counterparts as an economic opportunity in the countryside remains sparse.

According to Nikkei Asia, Chinese President Xi Jinping in December declared that the last counties on the list of impoverished areas had been removed, ending China’s long fight against extreme poverty. However, rural incomes are falling further behind those in China’s cities, and life in the countryside remains challenging.

“Our everyday life did get better over the last several years, but we’re still struggling,” said a 54-year-old pig farmer who earns less than 30,000 yuan a year.

China has an urban population of roughly 900 million while another 500 million live in rural areas. Urbanites earned 43,834 yuan on average in 2020, while rural residents averaged 17,131 yuan, government data shows.

The gap in actual income between the rural and the poor has widened by 57 per cent over a seven-year period as China’s rural areas have few work options outside agriculture, and the farming field lacks business growth, reported Nikkei Asia.

“Corporations in urban areas achieved growth by hiring low-wage migrant workers and becoming the ‘factory of the world,’ and they’re using villages as colonies. The gap is unlikely to narrow going forward,” said Fumiki Tahara of the University of Tokyo.

Many villagers leave for big cities as migrant workers, whose average earnings reached about 4,000 yuan a month in 2020 — far better pay than for farmers. But they remain far behind office workers. (ANI)

ALSO READ: ‘China’s three-child policy won’t prevent lower annual births’

Previous Story

‘China’s three-child policy won’t prevent lower annual births’

Next Story

Retail inflation zooms to over 6% in May

Latest from -Top News

Yunus Govt Faces Heat Over ‘Black Law’

The protest led by the Bangladesh Secretariat Officers and Employees Unity Forum threatened to intensify their actions if the demands were not addressed…reports Asian Lite News Several officials and employees at Bangladesh’s

Khamenei Rejects Trump’s Surrender Demand

Despite heightened tensions, both US and Iranian officials issued mixed signals regarding diplomatic engagement…reports Asian Lite News Iran’s Supreme Leader Ayatollah Ali Khamenei has forcefully rejected US President Donald Trump’s call for

Moscow Pulls Plug on Defence Deal with Berlin

Moscow accused the German leadership of “deliberately ideologically processing” the population of Germany in an anti-Russian vein…reports Asian Lite News Russia announced on Thursday its intention to withdraw from the 1996 military-technical

India Joins Deep-Sea Elite

The Samudrayaan mission aligns with the Indian government’s Blue Economy initiative, which focuses on sustainable use of ocean resources for economic growth…reports Asian Lite News After conquering space with the successful Space

Goyal’s Bold Bet: UK Pact Will Unlock Billions

Goyal referred to the FTA as a ”good marriage” agreed between both countries, which would lead to doubling bilateral trade over the next five years….reports Asian Lite News Union Commerce and Industry
Go toTop

Don't Miss

China’s Military Crackdown Highlights Xi’s Authoritarian Rule

Many people around Xi are yet to hear any official

China’s detention rules in SCS draw worldwide flak

The international community, including the Group of Seven (G7) economies,