Via China Daily

Imported vehicles are seen at a car dealership in Tianjin bonded zone, China Jan 2, 2019. [Photo/Agencies]

Data from the National Bureau of Statistics showed the per capita disposable income last year in 10 province-level administrative regions of China surpassed 30,000 yuan ($4,347.32).

For the first time, China’s per capita disposable income exceeded the 30,000 yuan threshold, rising 2,505 yuan from a year earlier, said Fang Xiaodan, director of the household survey department of the NBS.

Shanghai topped the rank with its per capita disposable income standing at 69,442 yuan, followed by Beijing, Zhejiang, Tianjin, Jiangsu, Guangdong, Fujian, Liaoning, Shandong and Inner Mongolia.

The per capita disposable incomes of Shanghai and Beijing were remarkably higher than that in other provincial regions, both registering over 67,000 yuan.

Fang pointed out that Central and West China saw faster growth in per capita disposable income last year, with a growth rate of 9.4 and 9.3 percentage points, respectively, 0.7 and 0.6 percentage points higher than that in East China.

At province level, the growth rate of per capita disposable income at or higher than 9 percent were mostly from the Central and West, among them, the growth rate of Sichuan, Anhui, Guizhou and Tibet exceeded 10 percent.

China’s per capita disposable income stood at 30,733 yuan ($4,478) last year, up 5.8 percent growth in real term after deducting price factors according to the NBS.

READ ALSO  China's economic recovery has great importance for world, says OECD expert