China: Top 10 regions with highest disposable income
Per capita disposable income topped 10,000 yuan for the first quarter of the year in five of China’s 31 provinces, municipalities and autonomous regions. The National Bureau of Statistics data showed that people in Shanghai, Beijing, Zhejiang, Jiangsu and Tianjin had more than 10,000 yuan ($1,453) to spend once necessities such as rent and transport were taken care of. Per capita disposable income and consumption expenditure in Shanghai, the nation’s financial hub, hit 15,841 yuan and 10,165 yuan, respectively, giving the city the top spot nationwide.