Explanatory Notes on Main Statistical Indicators
Saving
Deposits of Urban and Rural Residents refer to
the total value of savings deposits of urban and rural households in banks and
rural credit cooperatives at a given point of time, including the saving
deposits of urban residents and the saving deposits of rural residents. The
cash in hand by residents and the deposits of organizations such as
enterprises, military units, government agencies, institutions, etc. are not
included.
Employed Population in Urban
(Town)Households refers to urban (town) residents
engaged in certain work and receiving payment for their labor or income from
their business operation, including those who work in state-owned or collective
units, joint ventures, foreign-owned units and private units with permanent or
temporary jobs. The self - employed individuals and reemployed retirees are
also basic data for calculating employment rate and dependency ratio.
Total Income of Urban
(Town)Households
refers to the sum of wage and salary, net business income, income from
properties, and income from transfers of members of the households, excluding
income from selling of properties and income from borrowings.
Disposable
Income of Urban
(Town)Households refers to the actual
income at the disposal of members of the households which can be used for final
consumption, other non-compulsory expenditure and savings. This equals to total
income minus income tax, personal contribution to social security and sample
household subsidy for keeping dairies. Following formula is used:
Disposable income = total household income - income tax - personal
contribution to social security
Csample household subsidy for keeping dairies
Total expenditure
of Urban (Town)
Households refers to expenditure
of households on services of various kinds provided by the society.
Consumption
Expenditure of Urban (Town)Households refers to total
expenditure of the sample households for consumption in daily life, including expenditure on eight
categories such as food, clothing, household appliances and services, health
care and medical services, transport and communications, recreation,
education and cultural services, housing, miscellaneous goods and services.
Expenditure of Urban (Town)
Households on Consumption of Services refers to expenditure of
households on services of various kinds provided by the society. Services are offered and consumed at the same time
and place. The service spending for an urban family falls into the following
eight types: 1. Money paid for food processing and money spent while eating
out; 2. Money paid for clothing processing; 3. Domestic services and services
for home amenities; 4. Medical cost (including medical diagnosis and treatment,
in-home medical services and nursing cost); 5. Transport tool service fees
(such as for the use of a car and maintenance fee thereby arising), transport
tools (plane, ship, train) fees, post and telecommunications fees; 6. Fees for
culture and entertainment services (such as tour and fitness building), fees
for repair of sports and entertainment items, education cost (spending on
obligatory and non-obligatory education), adult education cost, tutor fees,
training courses fees and extra money paid as sponsorship fee to a school a
student outside his or her education community; 7. Housing rents, some interior
decoration cost (for labor), residence service fees (such as for property
management and repairs); 8. Fees for other services (such as at a beauty salon,
bathhouse, hairdresser's and hotels).
Urban (Town) Households by Income
Group All households in the
sample are grouped, by per capita disposable income of the household, into
groups of lowest income, low income, lower middle income, middle income, upper
middle income, high income and highest income, each group consisting of 10%,
10%, 20%, 20%, 20%, 10% and 10% of all households respectively. The lowest 5%
of households are also referred to as poor households.
Engel Coefficient refers to the percentage of
expenditure on food in the total consumption expenditure, using the following
formula:
Engel Coefficient =
(expenditure on food / total consumption expenditure) x 100%
Full/Semi Labour Force Full labor force refers to persons
capable of work, aged 18-50 for males and 18-45 for females. Semi labor force
refers to persons capable of work, aged 16-17 and 51-60 for males and 16-17 and
46-55 for females. Persons at their working ages but not capable of work are
not to be included as labor force. Persons not at working ages but
participating regularly in work are included in semi labor force. For staff and
workers as resident population of the household, they are included as full or
semi labor force of the household if they are in the labor force.
Total Income of
Rural Households refers
to the sum of income earned from various sources by the rural households and
their members during the reference period, and is classified as income from
wages and salaries, income from household operations, income from properties
and income from transfers.
Cash Income of Rural Households refers to income received by rural
households and their members in the form of cash during the reference period.
It is classified, by source of income, into income from wages and salaries,
cash income from household operations, income from properties and income from
transfers.
Net Income of Rural Households refers to the total
income of rural households from all sources minus all corresponding expenses.
The formula for calculation is as follows:
Net income = total income
Chousehold operation expenses C taxes and fees paid C depreciation of fixed
assets for production
C subsidy for participating in household survey C gifts to
rural relatives
Net income is mainly
used as input for reproduction and as consumption expenditure of the year, and
also used for savings and non-compulsory expenses of various forms. “Per capita
net income of farmers” is the level of net income averaged by population which
reflects the average income level of rural households in a given area.
Total Expenditure of
Rural Households refers to total expenses of rural
households on production, consumption and redistribution, including expenditure
on household operations, on purchase of productive fixed assets, depreciation
of productive fixed assets, taxes and fees, expenses on household
consumption, expenses on properties and expenses on transfers.
Expenditure on Household Consumption of Rural
Households refers to expenditure by rural
households on their material and cultural life, including expenditure on food;
clothing; housing; household appliances, articles and services; health and
medical service; transportation and communications; articles and services on
culture, education and recreation; and other goods and services.
Cash Expenditure of Rural Households refers to cash expenditure by
rural households for production, consumption and redistribution during the
reference period, including cash expenses on household operations, taxes and fees,
purchase of productive fixed assets, household consumption, and expenses on
properties and transfers.
Consumer Price Index reflects the relative change in
prices of consumer goods and services in a certain period of time, Formation of
consumer price index aims to study the impact of consumer price changes on the
actual living cost of urban and rural residents and to provide scientific basis
for central government and relevant departments in drawing up consumer up
consumer policy, price policy, wage policy and monetary policy and in
accounting the nation economy. It is also a key index reflecting the
fluctuation of inflation.
Retail Price Index refers to the prices at which
industrial, commercial, catering and other retail enterprises sell daily consumer
goods and products for office use to urban and rural residents and institutions
and social organizations. It reflects the general change in prices of retail
commodities in a certain period of time. Formation of retail price index aims
to keep abreast of price fluctuation of retail commodities and provide the
reference basis for the central government in working out economic policies.
Producer Price Indices for Farm
Products reflect the trend and degree of
changes in producers’ prices received by farmers when they sell farm products
during a given period. These indices depict the change in the level and
struture of producer prices for farm products of the country and meet the needs
of agricultural statistics and national accounts statistics. The producer price
index for a given product is calculated as the geometrical mean of individual
indices for all surveyed units which sell such product, and the indices for a
product category is obtained as the weighted mean of price indices for all
products in the category. Method for calculating accumulative quarterly indices
is the same as for calculating the individual quarterly indices.
Indices of Purchasing Prices of Raw
Materials, Fuels and Power reflect changes in
the level and degree of prices paid by industrial enterprises when they
purchase production input such as raw materials, fuels and power from the
market or from other energy or raw materials producing enterprises. These
indices provide important basis for measuring the material consumption of industrial
enterprises after removing influence of price changes.
Producer Price Indices for
Manufactured Goods is a statistic indicator
reflecting the fluctuating tendency and extent of the price of manufactured
goods. It is a relative ratio of the average price fluctuation of manufactured
goods in different times and places. The price of manufactured goods includes
the factory price of the manufactured goods at the first sale and the price of
the raw materials, fuel and power purchased by the enterprises as intermediate
input, which is an important basis for national economic accounting and
economic administration.
Price Indices of Investment in
Fixed Assets reflect the trend and degree of
changes in prices of investment goods and projects in fixed assets during a
given period., This indicator is used to observe the removing the factor of
price change in the aggregates of investment at current prices.
Price Index of Real Estate
Sales refers to the transference of
ownership of real estate through selling and buying. The Price Index of Real
Estate Sales is an indicator of the general trend and variation degrees of the
sales price of the real estate.