Shanghai tops in earning and spending
Shanghai topped China’s provinces, autonomous regions and municipalities in terms of both per capita disposable income of residents and per capita consumer spending in the first three quarters, according to the National Bureau of Statistics.
In the first three quarters, Shanghai’s per capita disposable income was approaching the 60,000 yuan (US$9,427) mark to reach 58,907 yuan, retaining its first place among all the provinces, autonomous regions and municipalities in China.
Along with their strong earning power, Shanghainese are also second to none in of spending: the city’s per capita consumption spending in the first three quarters hit 35,499 yuan.
Average per capita disposable income across the country was 26,265 yuan in the first three quarters, up 10.4 percent in nominal terms over the same period a year earlier. After adjusting for price factors, the real growth was 9.7 percent, basically in line with GDP growth.
Income from salaries was 14,917 yuan, indicating “wage income plays a key role as an anchor of the steady growth in people’s incomes.”
Per capita spending was 17,275 yuan, up 15.8 percent in nominal terms year on year, reversing last year’s 3.5 percent fall. Actual growth, after adjustment, was 15.1 percent.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.