As of the end of this June, there are 9.3 cars for every 100 households in Guangzhou, according to statistics announced at a municipal government conference held on Wednesday (September 6).

This is a 50% rise since the end of 2005, and is due to the income growth of Guangzhou residents. Director of the Guangzhou Development and Reform Commission Pan Jianguo said that Guangzhou urban per capita disposable income increased by 10% in the first 7 months of this year. Per capita expenditures rose 6.9%.

, the average price of commercial housing has been rising relatively faster, reaching about 6,300 yuan per square meter, up 17.5% compared with the same period last year.

Editor: Yan