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China's Q1 resident disposable income rises 6.8 pct
Last Updated: 2019-04-17 10:49 | Xinhua
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China's per capita disposable income stood at 8,493 yuan (1,265 U.S. dollars) in the first three months, up 6.8 percent year on year in real terms, official data showed Wednesday.

Separately, urban and rural per capita disposable income reached 11,633 yuan and 4,600 yuan in the first quarter this year, up 5.9 percent and 6.9 percent in real terms after deducting price factors, respectively, according to the National Bureau of Statistics (NBS).

In the first three months, the real growth of per capita disposable income in rural areas was faster than that in urban areas, indicating narrowing of the urban-rural income gap.

Meanwhile, Chinese per capita consumer spending increased by 5.4 percent year on year in real terms to reach 5,538 yuan, according to the NBS.

NBS data also showed China's economy grew 6.4 percent year on year in the first quarter this year.

The country aims to double the per capita income of its urban and rural residents by 2020 from 2010 levels to build a moderately prosperous society.

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China's Q1 resident disposable income rises 6.8 pct
Source:Xinhua | 2019-04-17 10:49
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