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Per Capita Disposable Income increasing at 13% in China’s Cities

Thursday, November 22, 2012 5:52

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From NextBigFuture.com

1. Urban disposable income in Shanghai topped 28 mainland regions during the first three quarters of this year, with Beijing and Zhejiang trailing behind, according to figures from local statistics bureaus.

Shanghai was the only provincial-level administrative region where per capita urban disposable income exceeded ¥30,000 during the nine-month period, totaling ¥30,205. Beijing's and Zhejiang's were close to ¥27,000.

Eight regions' per capita urban disposable income outperformed the national average, which was ¥18,427, including the top three, Guangdong, Jiangsu, Fujian, Tianjin and Shandong.

Urban disposable income grew 13% between January and September, much faster than the 7.7% pace in gross domestic product over the same period.