Journalist gets to know from the statistics department that the Ninth China Statistics Open Day Event featured at the Fourth National Economics General Survey and 40 anniversaries of reform and opening, focuses at the topic that everybody takes part in economics survey and benefits from it. In the mean time, a series of outstanding data shows the achievements of the development in 40 years.
Narrow the Gap between Developed Countries
What is research unemployment rate? What is included in the resident income and expense? Is CPI the lower the better?
As said in the post, behind every little number hides the glorious achievement and deep change in the livelihood in Shanghai in the 40 years from reform and opening up. Pictures linking the complicated statistics to the normal life, give the meaning behind the statistics. On the same day of the event, the city statistics department, together with Huangpu district publicity department , hold a running contest on the theme of witnessing the changes of 40-year reform and opening up to further broadcast the data job.
Experts from statistics department say research on residence income and expense is a national statistics project set to develop economics and improve livelihood, frame employment and expenditure structure and stet social security. “This is not only a livelihood research reflecting the status quo, but also giving the data relating expenditure and consumption. Hope every interviewee can actively cooperate to give the real first hand data.”
In 2010, shanghai citizen dispensable income broke 30000 RMB and in 2017, the number broke 60000 RMB. In 1978, the number is 3% of American and Japanese citizen dispensable income and till 2015, the number is raised to 20% of the American and one third of Japanese, the gap between developed countries constantly narrowed.
13.8% Dispensable Income Increases 13.8% Annually
Household income and expenditure and living status quo data showed that the thousand RMB level in the 80s leaped into ten thousand level in the 90s, with steady increase of resident income.
Residence income increases leapfrog forward over the 40 years to reach at 62596 yuan and 27825 yuan per capita disposable income of urban and rural residence in Shanghai in 2017, 13.8% and 12.4% increase in urban and rural disposable income with average 7.9% and 6.6% yearly increase taking out the price element and incomparable elements.
Shanghai, as the forerunner of reform and opening up, resident income always line in the front.
Portion of Income Rises
From the prospective of initial distribution, gross value of production an economy can be divided into compensation for laborers, net production tax, depreciation of fixed asset and operating surplus, among which compensation for laborers is the main resource for residence wage income and major part of residence income.
In the early reform and opening up, operating surplus is mainly enterprise profit. In 1978, operating surplus occupies 56.7% and compensation is only 22.7% in initial distribution of domestic revenue.
As showed in historical document, in 1978, overcome equalitarianism is proposed in the third plenary session of the 11th CPC central committee, meaning great reform in distribution system. And in the 17th Congress of the CPC, emphasis also is laid on increase the proportion of compensation in the initial distribution.
Minimum Wage Standard Rises in 24 years in Succession
With the steady increase of income, shanghai also tops at the security for the low income crowd.
In the early 90s, shanghai establish the minimum wage system, classifying wage increase of low income employee into the long term management system. Minimum wage system implemented in 1993 and raise 24 times in the 25 years except the year of 2009 under the effect of global financial crisis. In 2018, minimum wage has risen to 2420 RMB, 11.5 times of 1993.
In 1993, shanghai took the lead in implement urban and rural minimum live security system and confirm the minimum standard per month for the employee and family member. To insure the basic life for low income crowd can improve and advance with the development of economics, shanghai adjusted many times the minimum life security standard and unify the urban and rural minimum social insurance standard in 2015. The data showed in 2018 the minimum social insurance standard is raised form 120 RMB in 1993 to 1070 RMB, in the mean time the minimum hourly wage standard is also raised form 7.5 RMB in 2008 to 21 RMB in 2018.
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