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China’s reports income increase for urban, rural residents in 1H

The income of China’s urban and rural residents continued to increase in the first half of the year, data from the National Bureau of Statistics (NBS) showed Thursday.

In the first six months of the year, per-capita disposable income for urban people reached 9,757 yuan (1,428.55 U.S. dollars), up 10.2 percent year on year. After deducting inflation, though, actual growth was 7.5 percent, said NBS spokesperson Sheng Laiyun.

Per-capita cash income for rural residents stood at 3,078 yuan in the first half of the year, and the actual growth was 9.5 percent after deducting inflation, according to Sheng.

Posted by on July 15, 2010. Filed under Economic News,Statistics. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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