2021-03-17 15:40:59 GMT2021-03-17 23:40:59(Beijing Time) Xinhua English
BEIJING, March 17 (Xinhua) With per capita disposable income growing steadily over the years, China has pledged in its development plans to increase urban and rural residents property income through multiple channels.
Property income was reiterated in China s Outline of the 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035. It refers to earnings from bank deposits, securities, and other personal or family properties.
The 17th National Congress of the Communist Party of China in 2007, for the first time, stressed efforts to create conditions to enable more citizens to have property income. It has since played an ever-more important role in Chinese people s disposable income.
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