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View Full Version : Beijing's Per Capita GDP is higher than Malaysia's



kwwong99
23-01-2006, 09:58 PM
Interesting...


Beijing's Per Capita GDP At US$ 5,457 In 2005


BEIJING, Jan 23 (Bernama) -- The per capita GDP of Beijing reached 44,969 yuan, or US$ 5,457 (US$1=RM3.75), last year, a rise of 8.1 percent year on year, according to Xinhua news agency reported Monday quoting a local statistics bureau as saying.

Beijing's 2004 per capita gross domestic product (GDP) ranked the tenth in the country and the ranking would not change for last year, said Yu Xiuqin, deputy head of the Beijing Municipal Statistics Bureau.

The statistics show that Beijing's per capita disposable income was 17,653 yuan (more than US$ 2,200) for urban residents last year, the Beijing News reported on Monday.

The per capita disposable income for the 20 percent of low-income residents rose by 15.9 percent year-on-year, 4.7 percentage points higher than that of the 20 percent of high-income residents.

Beijing's consumption of energy resources last year equalled to 55 million tons of standard coal, and the energy consumption per 10,000 yuan of GDP equalled to 0.81 ton of standard coal last year, down by 3.9 percent year-on-year.

-- BERNAMA

joker2107
24-01-2006, 12:32 AM
these r very general figures. d economic divide even in central beijing itself is preposterous. although their middle class is growing n making a very strong impact on d economy, there is still wide spread abject poverty at d door steps of "the haves".

when they say "The per capita disposable income for the 20 percent of low-income residents rose by 15.9 percent year-on-year, 4.7 percentage points higher than that of the 20 percent of high-income residents" i'd read "low-income" s people equivalent 2 our messengers, tea-ladies, cleaners n other manual labourers. i think their "no-income" and self-sustaining population is probably larger than d middle class.

also note that despite a reportedly surging disposal income, it takes more than having a decent income 2 own property in urban beijing. don't dream of property in shanghai if u don't hv cash in hand.

reading 2 d depths of this sort of declarations, i'd say they r warning that investing in chinese labour might b a bad idea beyond d immediate short run. rather, bizz wit china shud mean selling yr products 2 d new found wealth bearers of urban chinese who hv so little avenue 2 dispose of their cash.

bugbear
24-01-2006, 12:33 AM
Anybody know what is Malaysia's GDP?

layman
24-01-2006, 02:38 PM
these r very general figures. d economic divide even in central beijing itself is preposterous. although their middle class is growing n making a very strong impact on d economy, there is still wide spread abject poverty at d door steps of "the haves".

when they say "The per capita disposable income for the 20 percent of low-income residents rose by 15.9 percent year-on-year, 4.7 percentage points higher than that of the 20 percent of high-income residents" i'd read "low-income" s people equivalent 2 our messengers, tea-ladies, cleaners n other manual labourers. i think their "no-income" and self-sustaining population is probably larger than d middle class.

also note that despite a reportedly surging disposal income, it takes more than having a decent income 2 own property in urban beijing. don't dream of property in shanghai if u don't hv cash in hand.

reading 2 d depths of this sort of declarations, i'd say they r warning that investing in chinese labour might b a bad idea beyond d immediate short run. rather, bizz wit china shud mean selling yr products 2 d new found wealth bearers of urban chinese who hv so little avenue 2 dispose of their cash.

all gdp or economic data are general figures.
a gdp of XXX means the average income is XXX

the GDP of malaysia is 5000US.

according to WTO china is 'endowed' with cheap labour for another 50 years

the standard of living in beijing is comparable to KL.however shenzhen shanghai has leapfrogged KL in every aspect and definition of standard of living

tempuadua
24-01-2006, 11:07 PM
all gdp or economic data are general figures.
a gdp of XXX means the average income is XXX

the GDP of malaysia is 5000US.

according to WTO china is 'endowed' with cheap labour for another 50 years

the standard of living in beijing is comparable to KL.however shenzhen shanghai has leapfrogged KL in every aspect and definition of standard of living
Can somebody enlighten us on the definition of standard of living within the context of living in KL? Is there anything that Beijing have that KL doesn't have?

orchipalar
24-01-2006, 11:26 PM
Is there anything that Beijing have that KL doesn't have?Err...perhaps effective mass rapid transit systems...one of them could be...plenty of basikal on the roads...? (http://www.bjreview.com.cn/En-2005/05-18-e/editor-18.htm) :D

layman
25-01-2006, 03:25 PM
Can somebody enlighten us on the definition of standard of living within the context of living in KL? Is there anything that Beijing have that KL doesn't have?

1 mass transit railway(3 RMB)
2 cars at 1/2 the price of Kl
3 seasonal changes
4 privatised health service(still cheaper than KL)
5 6 lanes toll free roads except the one leading to capital airport(10 RMB)
6 dinner at 1/2 price of KL
7 wine 1/4 of Kl
8 efficient railway system
9 5 day working week since 1997

orchipalar
25-01-2006, 04:23 PM
Err...Orchi wonders whether or not...Beijing would suffer as many power n water supply disruptions or less...?

Also...from those that visit Shanghai(with about equal numbers of population as the whole of Malaysia) or Beijing often...or other Chinese cities with more than 3 millions of populations each...Orchi hardly recalls anyone telling Orchi about having faced with dreadful traffic congestions...

Now...how far better has the Malaysia Boleh political spirit taken us since independence...48 years ago?

We are not standing as tall as our closest neighbours...or perhaps we should be contented by comparing ourselves with them poorer Asian or African countries...

Ya what...we have peace n stability...no terrorist bombings...no nasty natural disasters... no civil unrests...n no wars...yet.. :rolleyes:

Yang Amat Bersukur soon to be self declared as lato Orchi...perhaps also one of the richest men in the Borneo Island... :rolleyes: