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China - Economic Status

Medicine EncyclopediaAging Healthy - Part 1China - Increase In Proportion And Number Of Elderly, Increase Of Those Aged Eighty And Above, Aging Problems In Rural And Urban Areas

Economic status

Income data collected in a survey are not reliable because people usually do not wish to reveal how much money they actually make. For this reason, we will use only self-reported economic status in the following discussion, based on such questions as "Do you feel that your monthly income is enough for payment of living costs?" and the ownership of some household facilities. According to a national survey on China's support systems for the elderly, conducted by the China Research Center on Aging in 1992, 12.7, 53.1, 22.7, and 11.6 percent of the rural elderly reported that their monthly income was enough with savings, roughly enough, a little bit difficult, and rather difficult, respectively. The corresponding figures for the urban elderly were 15.3, 63.9, 15.9, and 5.0 percent, respectively. About 0.8, 47.4, 14.7, and 7.3 percent of the rural elderly had a telephone, a television set, a washing machine, and a refrigerator in their home, in contrast to 7.5, 88.2, 51.5, and 46.6 percent for the urban elderly (CRCA, 1994). Obviously, the economic status of the rural elderly is substantially worse than that of their urban counterparts.

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