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Social and economic inequality
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In
2018 China
had the
highest
level of social and economic inequality in the world
China has an economic growth rate of on average
6%
per year
The poorest
25%
of the country own just
4%
of the countries wealth.
Employment opportunities in rural areas include farming and
mining.
Whilst urban work includes
fiance insurance
and banking
The average income in
China
is equivalent to
£8100
per year.
Government figures show there are
100
million people in
rural
areas earning equivalent to just
£225
per year.
In
2017
70%
of urban residents were deemed as middle class.
In
2018
there were an estimated 288 million
rural
migrant workers
In the next 3 decades it is estimated that a further
310
million people will
migmigrate
to urban areas.
China's education system
is renowned for being one of the best in the world, they are ranked first for
math.
Children in China are required
to
attend
9
years of education.
80% of urban students graduate from
high-school
compared to 20% of
rural
students.
Research by the
Rural education action
program found that
rural
teachers are given less further training opportunities.
Some private schools in Beijing can cost upwards of
300,000
yuan per year.
84
% of students from shanghai go on to university compared to only 5% of rural students.
Urban areas lack access to water,electricity and
sanitation.
Whilst
city apartments
have many amenities and modern appliances.
60%
of people moving to urban areas are now taking their children with them, contributing to a lack of
housing.
China
is one of the most expensive countries to live in having
7
of the world's 10 most expeexpensive cities for housing.
There are an estimated
1044
urban villages in Shenzen.
In 2017 the Hurun research institute found that
china's
housing prices are the
fastest growing
in the world.
In June 2017
400
people were found living in the
basement
of a high rise building in
Beijing.