Family education spending the same
1/4/2004 14:52
Local families with different income levels spent similar amounts on
education in the first half of last year, according to a survey of 500 families
in Shanghai, eastday.com reported today.
Low-income families in Shanghai
spent an average of 1,476 yuan (US$178) on education in the first half of last
year; mid and low income families spent 1,385 yuan on average; mid and
high-income families spent 1,452 yuan and high income families spent an average
of 2,079 yuan on education.
High-income families are spending much more than
other families on family education and training, said a survey
analyst.
Tougher market competition drives many local families to spend more
money on education, the analyst pointed out.
The market for service
consumption in the city is heated, with soaring expenditures in education,
entertainment and communications.
In 2002, residents in local urban areas
spent 3,033 yuan per capita on services, accounting for 29 percent of the total
consumption.
Wendy Zhang/ Shanghai Daily news
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