AI Data Insight
In the first three quarters of 2026, the cumulative per capita disposable income of urban residents in China reached 44,945 yuan, an increase of over 14,800 yuan compared to the previous quarter, with a nominal year-on-year growth rate of 4.5%. Although overall GDP growth rebounded in the third quarter, urban income growth continued to be lower than rural income growth, indicating that the confidence of the core consumer group and the momentum of domestic demand still await further policy catalysts.