Suburban families keen on education
26/12/2003 14:50
Education expenses have become the main consumption of residents in
the Chinese suburban areas, with more than 40 percent of suburban families
predicted to spend revenues on their offspring's education, according to a
survey by the China Consumers Association of consumption in suburban
area.
The survey was conducted to 13 Chinese cities and provinces, including
Hebei Province, Jilin Province, Zhejiang Province, Anhui Province, Fujian
Province, Jiangxi Province, Shandong Province, Chongqing, Guizhou Province,
Shannxi Province, Qingdao, Xiamen and Chengdu.
According to the survey, more
than 40 percent of suburban families plan to spend their revenues funding their
offspring's schooling, 19 percent will invest in agricultural production
material, 16 percent will spend their revenues in building or decorating their
housing, while only 0.9 percent of families will spend revenues in
traveling.
Buying insurance has become the new consumption focus for suburban
families, with 58.7 percent of families purchasing more than one insurance
product. Accidental, endowment and medical insurances are their main insurance
products, the survey indicated.
The education quality in domestic suburban
areas is improving, with 88 percent of interviewees considering it convenient to
go to school, and 77 percent of respondents satisfied with the existing
educational quality.
Wendy Zhang/ Shanghai Daily news
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