AI Data Insight
In the first quarter of 2026, the per capita disposable income of urban residents in China reached 16,549 yuan, representing a nominal year-on-year growth of 4.2%. Although overall income maintained a mild recovery, the real growth rate was only 3.2%, lower than the 5.0% GDP growth during the same period. This reflects that wage and property income growth remains constrained, and expanding domestic demand and boosting private consumption are still urgent policy priorities at present.