Financial news

China’s resident disposable income rises 5.8% in 2019

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Via China Daily

A customer checks out Boston lobsters at a shopping mall in Hangzhou, capital of Zhejiang province. [Photo by Long Wei/For China Daily]

BEIJING — China’s per capita disposable income stood at 30,733 yuan ($4,461.95) in 2019, up 5.8 percent year on year in real terms, official data showed Friday.

Separately, urban and rural per capita disposable income reached 42,359 yuan and 16,021 yuan in 2019, up 5 percent and 6.2 percent in real terms after deducting price factors, respectively, according to the National Bureau of Statistics.

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