China: Real Disposable Income per Capita (YTD Cumulative, YoY)

Macro

2026-10-19

Description

China Disposable Income per Capita is compiled and published by the National Bureau of Statistics (NBS) of China. This indicator measures the total amount of per capita disposable income for Chinese residents during a specific period, including wage income, property income, and transfer income. It reflects the living standard and purchasing power of residents and is an important indicator for assessing consumption capacity and economic well-being. Growth in per capita disposable income typically indicates an improvement in living standards and increased consumption potential, while slower growth may reflect economic pressures or stagnant income growth.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Quarterly
Next Update
Hashtags
China Consumption

AI Data Insight

In Q3 2026, the cumulative year-on-year growth rate of China's national per capita real disposable income reached 4.4%, a mild recovery from 4.2% in Q2. However, the real growth of per capita consumption expenditure in the first three quarters was only 2.7%, significantly lagging behind income growth. This reflects that amid property weakness and economic structural adjustments, the public's precautionary savings mentality remains strong.

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AI Data Insight

In Q3 2026, the cumulative year-on-year growth rate of China's national per capita real disposable income reached 4.4%, a mild recovery from 4.2% in Q2. However, the real growth of per capita consumption expenditure in the first three quarters was only 2.7%, significantly lagging behind income growth. This reflects that amid property weakness and economic structural adjustments, the public's precautionary savings mentality remains strong.

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Macro
Description

China Disposable Income per Capita is compiled and published by the National Bureau of Statistics (NBS) of China. This indicator measures the total amount of per capita disposable income for Chinese residents during a specific period, including wage income, property income, and transfer income. It reflects the living standard and purchasing power of residents and is an important indicator for assessing consumption capacity and economic well-being. Growth in per capita disposable income typically indicates an improvement in living standards and increased consumption potential, while slower growth may reflect economic pressures or stagnant income growth.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Quarterly
Next Update
Hashtags
China Consumption