Abstract
In this chapter, rural household expenditure are divided by their purposes into three groups: agricultural production expenditures, consumption expenditures and transfer expenditures. The average numbers of these three groups are 9590 Yuan, 30,505 Yuan and 2645 Yuan, respectively. Statistics show that transfer expenditures exist in 75.0 % of rural households. Generally, 7.5 % of rural households’ total income is spent on transfer expenditures, 2.2 % higher than urban households.
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- 1.
Gross income of rural households is composed with agricultural income and non-agricultural income. The former refers to net income from agricultural production and operation activities, which equals to agricultural gross income minus agricultural production costs. The latter includes income from wages and salaries, business income, income from properties and transfer income. Business income, thereafter, is defined as the net income households obtain from industrial and business operation activities, including individual businesses and self-employed businesses.
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© 2016 Springer Science+Business Media Singapore
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Gan, L., Yin, Z., Tan, J. (2016). Expenditures of Rural Households. In: Report on the Development of Household Finance in Rural China (2014). Springer, Singapore. https://doi.org/10.1007/978-981-10-0409-4_4
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DOI: https://doi.org/10.1007/978-981-10-0409-4_4
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Publisher Name: Springer, Singapore
Print ISBN: 978-981-10-0408-7
Online ISBN: 978-981-10-0409-4
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