More money in people’s pockets
Print Edition
CHINA’S per capita disposable income stood at 25,974 yuan (US$4,033) in 2017, up 7.3 percent year-on-year in real terms, official data showed yesterday.
The increase was 1 percentage point faster than the 6.3 percent rise registered in 2016.
Separately, urban and rural per capita disposable income reached 36,396 yuan and 13,432 yuan, respectively, in 2017, up 6.5 percent and 7.3 percent in real terms after deducting price factors, according to the National Bureau of Statistics.
In 2017, China had 286.52 million rural migrant workers, up 1.7 percent from 2016.
Their average monthly income was 3,485 yuan, up 6.4 percent year on year.
By 2020, China aims to double the per capita income of its urban and rural residents from 2010 levels, to build a moderately prosperous society.
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