Abstract
This chapter describes the current status of rural households’ fortune on account of three aspects, including the asset, liability and net worth of rural households. This analysis is made up of the databases of the CRHPS and CHFS. Firstly, property and land are the two primary components of rural households’ nonfinancial assets. Secondly, rural households have a considerably high house-owning rate which is 94.4%, and there is no significant regional difference. Thirdly, the net worth of rural households shows a distinctive difference among these three regions, as the national average net worth is 2,90,000 RMB, the eastern average is 3,98,000 RMB, the central average is 2,39,000 RMB and the western average is 2,18,000 RMB.
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Qian et al., W. (2019). Fortune of Rural Households. In: Societal Development in Rural China. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-13-8082-2_6
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DOI: https://doi.org/10.1007/978-981-13-8082-2_6
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Publisher Name: Palgrave Macmillan, Singapore
Print ISBN: 978-981-13-8081-5
Online ISBN: 978-981-13-8082-2
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