AI Data Insight
In Q2 2026, the cumulative year-on-year growth rate of China's national per capita real disposable income reached 4.2%, a slight rebound from 4.0% in the previous quarter. However, amid the property slump and the structural contradiction of domestic "strong supply, weak demand," consumer confidence remains conservative. Looking ahead, as official counter-cyclical adjustment policies take effect, the medium- to long-term real income level is expected to see a mild recovery.