AI Data Insight
In the first quarter of 2026, the nominal year-on-year growth rate of per capita disposable income of urban residents in China reached 4.2%, slightly slowing down from the previous value of 4.3%. Although the overall GDP made a steady start with a better-than-expected growth of 5.0%, the weak performance of net property income and the rise in the unemployment rate indicate that domestic demand momentum and consumer confidence still face tests.