China's resident income growth has basically kept pace with the country's economic growth in the past decade, and the income gap between urban and rural residents has narrowed, the National Bureau of Statistics said Tuesday. Ch...
China's per capita disposable income stood at 35,128 yuan (about 4,940 U.S. dollars) in 2021, up 112.8 percent from 2012. It brought the average annual nominal growth rate to 8.8 percent in the past decade. After deducting price factors, the average annual real growth rate was 6.6 perc...
What was China's Real GDP Growth in Mar 2023? The Gross Domestic Product (GDP) in China expanded 4.5 % YoY in Mar 2023, following a growth of 2.9 % in the previous quarter. See the table below for more data.Last Previous Min Max Unit Frequency Range 4.5 Mar 2023 2.9 Dec 2022 -...
314 yuan, representing a nominal increase of 5.3% over the previous year and a real growth of 5.1% after deducting price factors. The median per capita disposable income of residents nationwide was 34,707 yuan, with a nominal increase
A press conference held by the State Council Information Office announced that the national per capita disposable income of residents in 2024 was 41,314 yuan, representing a nominal increase of 5.3% over the previous year and a real growth of 5.1% after deducting price factors. The median per...
IMF lowers global economy growth forecast to 3.2%. Here’s what you need to know about China in the past 24 hours 中国经济要闻 Profits at China's industrial firms bounced back to growth in June, bolstered by the resumption of activity in major manufacturing hubs. ...
First, doubling real GDP per capita by 2035 means that China’s real annual GDP growth should reach 4.8% over the period between 2020-2035. At this pace, China is expected to cross the threshold as a high-income co...
Employment targets for 2024 is adjusted to “over 12 million” compared to “around 12 million” in 2023. As for income growth, the government work report vows to “keep it up to the pace” of economic growth, deleting the adjective of “basically” seen one year earlier before the word ...
Barnett said he does not take this as a sign that China is lagging behind the United States further when it comes to economic strength. "In terms of real growth, China grew last year at double the rate of the US economy." Real growth adjusts the nominal figure for inflat...
Graphics shows the national per capita disposable income and growth rates from 2014 to 2018, according to the National Bureau of Statistics of China. (Xinhua/Meng Lijing) YOU MAY LIKE Graphic: innovations in Chinese people's daily life in 40 years of reform, opening-up Graphic: changes in ...