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.