AI Data Insight
In the first quarter of 2026, China's national per capita disposable income reached 12,782 yuan, marking a nominal year-on-year increase of 4.9% (a real year-on-year increase of 4.0%) and continuing a trend of steady expansion. Notably, the income growth rate in rural areas continued to outpace that of urban areas, and net operating income emerged as the strongest growth engine, reflecting the vitality of lower-tier markets and a solid start for the macroeconomy.