Description
China Urban Real Disposable Income per Capita is compiled and published by the National Bureau of Statistics (NBS) of China. This indicator measures the annual year-over-year growth of per capita disposable income for urban residents, adjusted for inflation. It reflects changes in the actual purchasing power of urban residents and serves as an important parameter for assessing living standards and consumption capacity. An increasing year-over-year rate generally indicates an improvement in living standards and enhanced purchasing power, while a decreasing rate may suggest economic pressures or sluggish income growth.