Agriculture: Chinese farmers' income grows 11.4%
(Xinhua)
Updated: 2006-10-24 14:32
The per capita cash income of Chinese farmers hit 2,762 yuan (345 U.S.
dollars) in the first nine months of the year, up 11.4 percent year on year, a
National Bureau of Statistics spokesman said in Beijing on October 19.
Responding to questions at a press conference, spokesman Li Xiaochao
attributed the growth of farmers' income to several factors, including growing
earnings of migrant laborers and higher income yielded from farm produce sales.
Revenue growth in secondary and tertiary industries in rural areas and
government subsidies to farmers have also given farmers' income a boost, the
spokesman said. (For more biz stories, please visit Industry Updates)
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