Chinesepeoplesdisposableincomesurges60timesinpast70years-GlobalTimes

load_file(“/includes-n/article_top.html”);load_file(“/includes-n/float_share.html”);SOURCE / ECONOMYChinese peoples disposable income surges 60 times in past 70 yearsBy AgenciesPublished: Aug 11, 2019 10:33 AMload_file(“/includes-n/article_share.html”);Chinese residents saw their per capita disposable income surge by nearly 60 times during the past seven decades thanks to the countrys steady economic expansion. The per capita disposable income stood at about 49.7 yuan in 1949, and topped 28,200 yuan (about 4,030 US dollars) in 2018, registering a growth of over 59 times factoring in inflation, a report from the National Bureau of Statistics (NBS) showed. The steady income growth also led to continuous increases in consumption spending. Chinese residents per capita consumption spending surged from 88.2 yuan in 1956 to 19,853 yuan in 2018, growing 28.5 times in real terms, NBS data showed.load_file(“/includes-n/article_share.html”);RELATED ARTICLES Chinas Q1 resident disposable income rises 6.8 pctChinas per capita disposable income stood at 8,493 yuan (1,265 US dollars) in the first three months, up …load_file(“/includes-n/article_most_view.html”);var wxs = (function() {return navigator.userAgent.toLowerCase().indexOf(micromessenger) !== -1})();if (!wxs) {/* * * CONFIGURATION VARIABLES: EDIT BEFORE PASTING INTO YOUR WEBPAGE * * */var disqus_shortname = globaltimes; // required: replace example with your forum shortnamevar disqus_identifier = 1160994;/* * * DONT EDIT BELOW THIS LINE * * */(function () {var dsq = document.createElement(script); dsq.type = text/javascript; dsq.async = true;dsq.src = https:// + disqus_shortname + .disqus.com/embed.js;(document.getElementsByTagName(head)[0] || document.getElementsByTagName(body)[0]).appendChild(dsq);})();}Please enable JavaScript to view the comments powered by Disqus.blog comments powered by Disqusload_file(“/includes-n/footer.html”);load_file(“/includes-n/addthis.html”);

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