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Chinese personal income rises 7.4%, outpacing GDP growth

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Core Tip:China's national per capita disposable income stood at 21,966 yuan ($3,349) in 2015,up 7.4 percent from 2014 in real terms, outpacing GDP growth, official data showed Tuesday.

China's national per capita disposable income stood at 21,966 yuan ($3,349) in 2015,up 7.4 percent from 2014 in real termsoutpacing GDP growthofficial data showed Tuesday.

Separatelyurban per capita disposable income and rural per capita net income reached 31,195yuan and 11,422 yuan respectively in 2015, up 6.6 percent and 7.5 percent in real terms afteradjusting for inflation from 2014, according to the National Bureau of Statistics (NBS).

China's Gini coefficientan index reflecting the rich-poor gap in which zero equals perfectequalitystood at 0.462 in 2015, dropping for seven years in a row after the index hit 0.491 in2008, NBS data showed.

The average monthly wage of rural migrant workerswho's population reached 277.5 million in2015, was 3,072 yuanan increase of 7.2 percent over the previous year.

China aims to double its 2010 per capita income of urban and rural residents by 2020 to build a"moderately prosperous society".

 

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