Sunday, November 27, 2005

Officials' cars costlier than education and health care combined

A recent China Economic Times article revealed that the cost on government officials' cars not only exceeded the military expense, but also exceeded the total of money expended on education and health. A conservative estimation of the total number of government cars is 3.5 million, with annual expense of 300 billion YMB ($38 billion). The average operational cost break down to one car exceeds eight times of that of an average taxi in China.

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