The chart below gives information about the household percentage of spending on essential goods in China for the years 1995 and 2011.
The pie charts show a comparison of income people spend on four important items in two years.
From an overall perspective, it is evident that the Chinese spend most on household goods. The period from 1995 to 2011 showed an upward trend on the percentage of people’s wages on food and medicine, while there was a decrease in the percentage of income spent on the other sections.
In 1995, people in China spend over half of their income on domestic products, at 68%, following by medicine and food, with 19% and 9% respectively. The spending on clothing was lowest, only at 4%.
2011 witnessed a slight decline in domestic items from 68% in 59%. The percentage of expenditures of medicine reduced from 19% in 1995 to 18% in 2011, while there was an increase of 7% and 3% respectively in medicine and food from 1995 to 2011.
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- The chart below gives information about the household percentage of spending on essential goods in China for the years 1995 and 2011
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