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2012 Report on Satisfaction with Life Index Published

On June 16, 2012, the China Economy Experiment Research Institute, which Capital University of Economics and Business and the Institute of Economics at the Chinese Academy of Social Sciences co-founded in November of 2011, published “The 2012 Report on the Satisfaction with Life Index for 35 Cities.” The report indicated that the satisfaction index broke the 50 mark, showing “satisfaction.” It reached 50.88, an improvement from 49.71 in 2011.

The results also suggested that higher living expenses, where the key components are commodity and housing prices, became an important factor that lowered the quality of life for urban residents. According to the results, the satisfaction with life, as expressed by the survey participants, are listed in the following order: human capital, social security, living experiences, living standards, and living expenses.

Among the cities that scored the lowest index numbers, Beijing ranked 7th from the bottom of the list.

Source: Xinhua, June 16, 2012