Local farmer's income rises by 10 percent
 

Looking back on the city's performance last year, city spokeswoman Jiao Yang noted that the per capita disposable income of local farmers rose by 10.2 percent to 7,337 yuan(US$887), the highest growth rate since 1997.
Jiao said the municipal government played an important role in improving the income of farmers. Government subsidies for farmers amounted to 282 million yuan (US$34million) in 2004. The government also helps farmers earn through their property. Last year, Shanghai farmers earned an average of 297 yuan (US$35.9) from land rents and dividends.
Meanwhile, a social security system has been created in Shanghai's rural areas. About 590,000 farmers have joined the system, which will provide the elderly with a monthly pension of 370 yuan (US$45).

(Source: www.shanghai.gov.cn )


Correlative Information:
Per capita Disposable Income of Shanghai’s Farmers Registered Rapid Rise  2007.02.12
Shanghai Establishes a Long-Term Farmer Wealth Accumulation Mechanism, Which is Expected to Produce a Large Number of Farmers with Share Capitals, Rentals, Security Benefits and Wages.  2007.02.12
With Share Capitals, Rentals, Security Benefits and Wages, Shanghai Farmers Live and Work in Peace and Contentment  2007.02.12
Closing farm-urban income gap "top" goal  2007.02.12
Shanghai farmers topping income league  2005.01.10
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