year's annual average salary of rural residents in China is expected to
exceed 5,000 yuan ($770), an increase of 10 percent compared with last
year, according to the latest report.
Released by the Rural Development Institute of the Chinese Academy of
Social Sciences and Social Sciences Academic Press on last Wednesday,
the report said the income of rural residents has been increasing in
recent years and the annual average net earnings in 2015 - which
includes their salary and other sources of income - exceeded 10,000 yuan
for the first time. It said this was due to the increase of wages and
family business earnings.
"Chinese rural residents have begun to rely more on their wages," said
the report, adding that it is expected that their average salary will
exceed 5,000 yuan in 2016.
The report pointed out that the country's economic transition and the
accompanying policy adjustments greatly influenced their income.
The country still maintains a medium-to-high economic growth rate, which
will have an impact on their wages, the report said, adding that some
rural residents have given up their small-scale agriculture businesses
due to the price fluctuations of some agricultural products and sought
jobs in other industries, which have led to an increase in migrant
workers. About 168 million rural folk were working outside their
hometowns in 2015.