Market news
17.01.2020, 08:20

China's real per capita income grew by 8.9% in 2019

Real per capita income in China in 2019 exceeded 30,730 yuan (about 4,470 dollars), according to published data from the state statistical Bureau of China.

"In 2019, the real per capita income was 30,733 yuan, the nominal growth compared to the same period in 2018 was 8.9%. Taking into account the price factor, the real growth was 5.8%, " the report says.

Real per capita income in urban areas was 42,359 yuan (6.16 thousand dollars), real growth was 5%, disposable income per capita in rural areas was 16,021 yuan (2.33 thousand dollars), real growth was 6.2%. Thus, the coefficient of disposable income per capita between the city and the village was 2.64, which is 0.05 less than in the same period of 2018.

The national average per capita income was 26,523 yuan (3.85 thousand dollars), which is 9% more than in 2018.

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