CHINA TOPIX

04/19/2024 12:32:19 pm

Make CT Your Homepage

Amid Slowdon Chinese People Feel Upbeat About Their Future: PEW Research

PEW Survey on China.

(Photo : getty images.) A survey by Washington based think tank PEW Research Centre has found that Chinese people are very optimistic about their future.

Chinese people are brimming with optimism despite the ongoing economic slowdown, a recent survey by Washington-based PEW Research Centre found out.

The comprehensive survey claimed that Chinese citizens generally feel upbeat about their country's future, while concerns about some of the pressing social problems remain.

Like Us on Facebook

Nearly 90 percent of the 3,154 respondents said they feel either "very good" or "somewhat good" about the Chinese economy. Their optimism is reporteldy surprising considering the repeated concerns over existing economic slowdown.

Chinese people also don't share most analysts' pessimism that mounting government debt could result in 'hard landing' for Chinese economy.

The survey revealed that Chinese citizens are even more optimistic about their country's economic recovery, with 76 percent of them saying that the economic situation will gradually improve in the next 12 months, while 70 percent believe that their personal financial situation will get better.

Amid the overflowing optimism, the survey also noted that the Chinese are concerned about many social and environmental challenges confronting the country.  "Corrupt officials" top the list of worries, the PEW survey found out.

Meanwhile, 83 percent of the Chinese respondents said corruption is a "very big" or "moderately big" problem. However, nearly 64 percent of them are hopeful that President Xi Jinping's massive anti-corruption drive will bring down corrupt practices over the next five years.

The second problem cited i sthe "rising inequality," wherein a large number of respondents took swipe at the small group of ultra-rich exuberantly flashing their wealth, while most people struggle to make ends meet.

The survey participants also expressed concerns over the safety of medicines and food. They claimed that the likelihood of social unrest over bread and butter issues will continue to loom if parents remain unsure about the quality of food and medicine offered to their children.

In the meantime, the respondents took serious note of the deteriorating quality of air across China. Around 24 percent said the Chinese government should not think twice before sacrificing economic growth to fight air pollution problem. 

Real Time Analytics