Who made the most money in 2017? The per capita disposable income in Beijing and Shanghai is approaching 60,000 yuan

Who makes the most money in 2017? The per capita disposable income in Beijing and Shanghai is approaching 60,000 yuan. Original title: Who made the most money in 2017? The per capita disposable income in Beijing and Shanghai is close to 6...

Original title: Who made the most money in 2017? The per capita disposable income in Beijing and Shanghai is approaching 60,000 yuan

> China News Service Client, Beijing, February 24 (Reporter Li Jinlei) The National Bureau of Statistics recently announced the per capita disposable income of residents in 31 provinces in 2017. Data show that per capita disposable income in 10 provinces exceeds the national level. The per capita disposable income of residents in Shanghai and Beijing in 2017 was close to the 60,000 yuan mark, with Shanghai ranking first in the country with 58,987.96 yuan.

>RMB. Photo by China News Service reporter Li Jinlei

The per capita disposable income of 10 provinces exceeds the national level

Data from the National Bureau of Statistics show that in 2017, the per capita disposable income of residents was 25,974 yuan, a nominal increase of 9.0% over the previous year; after deducting price factors, the real increase was 7.3%.

Residents' disposable income refers to the sum of residents' final consumption expenditures and savings, that is, the income that residents can use for discretionary disposal, including both cash income and in-kind income. According to the source of income, disposable income includes salary income, net operating income, net property income and net transfer income.

> China News Network reporters found that the per capita disposable income of residents in Shanghai, Beijing, Zhejiang, Tianjin, Jiangsu, Guangdong, Fujian, Liaoning, Shandong, and Inner Mongolia in 2017 exceeded the national average.

>Per capita disposable income of residents in various regions in 2017. Source: National Bureau of Statistics website

The per capita disposable income of Beijing and Shanghai is approaching the 60,000 yuan mark

Among the 31 provinces, autonomous regions and municipalities, Shanghai, Beijing, and Zhejiang ranked among the top three in terms of per capita disposable income of residents in 2017. Among them, the per capita disposable income of Shanghai and Beijing residents reached 58,987.96 yuan and 57,229.83 yuan respectively, approaching the 60,000 yuan mark.

Shanghai and Beijing are the only regions in the country where the per capita disposable income of residents is in the "50,000 yuan club" in 2017; the per capita disposable income of Zhejiang residents reached 42,045.69 yuan, making it the only member of the "40,000 yuan club".

The income level is high and the consumption level is also high. According to data from the National Bureau of Statistics, Shanghai's per capita consumption expenditure in 2017 was 39,791.85 yuan, and Beijing's was 37,425.34 yuan, ranking the top two in the country.

Residents shop in supermarkets. Photo by China News Service reporter Li Jinlei

Resident income growth in many places outpaced GDP growth

Nationally, in 2017, residents' income growth was faster than economic growth. Data show that in 2017, the per capita disposable income of national residents actually increased by 7.3% compared with the previous year, and the actual growth rate was 0.4 and 1.0 percentage points faster than the growth of GDP and per capita GDP respectively.

At the local level, the growth rate of residents’ income in many places outperformed the local GDP growth rate in 2017. For example, the per capita disposable income of Beijing residents in 2017 actually increased by 6.9%, which was 0.2 percentage points higher than the GDP growth rate in the same period. Jiangsu's per capita disposable income actually increased by 7.4% in 2017, 0.2 percentage points higher than the GDP growth rate.

Su Hainan, vice president of the China Labor Society, told a reporter from China News Service that the growth rate of residents' income outpaced the growth rate of GDP, first of all, because the economy has grown steadily, business performance has improved, and residents' income has a basis for growth. At the same time, efforts have been made to keep the growth of residents' income in line with economic growth, and a series of policies to increase residents' income and deepen the reform of the income distribution system have also played a positive role in promoting. (over)