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Category: Foreign
Word Count: 872
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snow financial in china


Economic

The booming Chinese economy in the last decade raises the standard of living of its population throughout the country. China's economy grew 10.2% in the first quarter of 2006, with the GDP at an all-time high at RMB 4,331.3 billion. Economic analysts still expect growth to moderate in the second half of 2006. Per capita disposable income increases both for rural and urban population as shown by the diagram below.

2005 (in billions) 2006 (in billions) % change Per capita dispo
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