Application of Statistical Methods in City Economic and Living Standard Study: A Case of China (2003 -- 2008)

In recent years, statistical methods are used more and more in the field of economic and living standard, which is a very important indicator reflecting the degree of society development and peoples' living quality. This paper uses 14 economic and living indexes to analyze and evaluate economic and living standard of China from year 2003 and 2008. The results show that three components can be extracted as 'income and expense capability', 'asset investment situation' and 'whole economical strength (poor or rich)' from these 14 indexes. Besides, all study areas in this study can be divided into three groups according to their living standard, which is related with development degree and geographical location.