• China Data
    Resident income obtained actual growth of 6.6 % in H1
    Xinhua | Updated: 2018-07-27 12:33

    In the first half of this year, the per capita disposable income came to 14,063 yuan, a nominal increase of 8.7 percent over the same period of the last year, and it is basically synchronizing with economic growth.

    Deducting the price factors, the real increase reached 6.6 percent, showing the basic synchronization between household income and economic growth.

    It is worth noting that the income gap between urban and rural dwellers continues to narrow.

    The per capita income of urban residents is 2.77 times that of the rural, which is 0.02 times smaller than the same period of the previous year.

    In the first half of this year, the per capita disposable income came to 14,063 yuan, a nominal increase of 8.7 percent over the same period of the last year, and it is basically synchronizing with economic growth.

    Deducting the price factors, the real increase reached 6.6 percent, showing the basic synchronization between household income and economic growth.

    It is worth noting that the income gap between urban and rural dwellers continues to narrow.

    The per capita income of urban residents is 2.77 times that of the rural, which is 0.02 times smaller than the same period of the previous year.

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