Description
China Urban Disposable Income per Capita (Annual) - Median is compiled and published by the National Bureau of Statistics (NBS) of China. This indicator measures the median level of disposable income for urban residents in China. The median income provides a clearer picture of income distribution compared to the average, better reflecting the financial conditions of the majority of residents. It serves as an important metric for assessing income inequality and economic well-being. Growth in median income typically indicates an improvement in income distribution and living standards, while stagnation may suggest economic pressures or widening income disparity.