In 2024, the average annual per capita disposable income of households in China amounted to approximately 41,300 yuan. Annual per capita income in Chinese saw a significant rise over the last decades and is still rising at a high pace. During the last ten years, per capita disposable income roughly doubled in China. Income distribution in China As an emerging economy, China faces a large number of development challenges, one of the most pressing issues being income inequality. The income gap between rural and urban areas has been stirring social unrest in China and poses a serious threat to the dogma of a “harmonious society” proclaimed by the communist party. In contrast to the disposable income of urban households, which reached around 54,200 yuan in 2024, that of rural households only amounted to around 23,100 yuan. Coinciding with the urban-rural income gap, income disparities between coastal and western regions in China have become apparent. As of 2023, households in Shanghai and Beijing displayed the highest average annual income of around 84,800 and 81,900 yuan respectively, followed by Zhejiang province with 63,800 yuan. Gansu, a province located in the West of China, had the lowest average annual per capita household income in China with merely 25,000 yuan. Income inequality in China The Gini coefficient is the most commonly used measure of income inequality. For China, the official Gini coefficient also indicates the astonishing inequality of income distribution in the country. Although the Gini coefficient has dropped from its high in 2008 at 49.1 points, it still ranged at a score of 46.5 points in 2023. The United Nations have set an index value of 40 as a warning level for serious inequality in a society.

China Household Financial Asset and Liability: Net Asset data was reported at 54,466.400 RMB bn in 2013. This records an increase from the previous number of 49,571.400 RMB bn for 2012. China Household Financial Asset and Liability: Net Asset data is updated yearly, averaging 30,655.150 RMB bn from Dec 2004 (Median) to 2013, with 10 observations. The data reached an all-time high of 54,466.400 RMB bn in 2013 and a record low of 15,093.800 RMB bn in 2004. China Household Financial Asset and Liability: Net Asset data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under China Premium Database’s National Accounts – Table CN.AD: Household Financial Asset and Liability.

This statistic illustrates the distribution of adult population in China in 2022 by wealth range group. That year, approximately **** percent of adults in China had wealth of 100,000 to *********** U.S. dollars. In comparison, around **** percent of adult population in Hong Kong were in this wealth range group.

China Net Income per Capita: Rural Household: Overall data was reported at 10,772.000 RMB in 2015. This records an increase from the previous number of 9,892.000 RMB for 2014. China Net Income per Capita: Rural Household: Overall data is updated yearly, averaging 1,751.905 RMB from Dec 1976 (Median) to 2015, with 40 observations. The data reached an all-time high of 10,772.000 RMB in 2015 and a record low of 113.100 RMB in 1976. China Net Income per Capita: Rural Household: Overall data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Net Income per Capita: Rural.

The highest median wealth worldwide was found in North America in 2022, reaching a median level of nearly ******* U.S. dollars. Notably, the median wealth in China grew from *** dollars in 2000 to over ****** dollars in 2022, underlining the country's remarkable economic growth over the past decades.

Wages in China increased to 120698 CNY/Year in 2023 from 114029 CNY/Year in 2022. This dataset provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China Banks' WMP: Net-Value: Average Performance Benchmark: Open-end on Sale: Fixed Income Product data was reported at 3.660 % in Jul 2022. This records a decrease from the previous number of 3.670 % for Jun 2022. China Banks' WMP: Net-Value: Average Performance Benchmark: Open-end on Sale: Fixed Income Product data is updated monthly, averaging 3.925 % from Oct 2020 (Median) to Jul 2022, with 22 observations. The data reached an all-time high of 4.190 % in Jan 2021 and a record low of 3.660 % in Jul 2022. China Banks' WMP: Net-Value: Average Performance Benchmark: Open-end on Sale: Fixed Income Product data remains active status in CEIC and is reported by Puyi Standard. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Number of Issuance.

This statistic shows the average annual per capita disposable income of rural households in China from 1990 to 2024. In 2024, per capita disposable income of rural households in China amounted to around ****** yuan.

In 2023, roughly 1.49 billion adults worldwide had a net worth of less than 10,000 U.S. dollars. By comparison, 58 million adults had a net worth of more than one million U.S. dollars in the same year. Wealth distribution The distribution of wealth is an indicator of economic inequality. The United Nations says that wealth includes the sum of natural, human, and physical assets. Wealth is not synonymous with income, however, because having a large income can be depleted if one has significant expenses. In 2023, nearly 1,700 billionaires had a total wealth between one to two billion U.S. dollars. Wealth worldwide China had the highest number of billionaires in 2023, with the United States following behind. That same year, New York had the most billionaires worldwide.

China Net Income per Capita: Median: Rural data was reported at 7,907.000 RMB in 2013. This records an increase from the previous number of 7,019.000 RMB for 2012. China Net Income per Capita: Median: Rural data is updated yearly, averaging 7,019.000 RMB from Dec 2011 (Median) to 2013, with 3 observations. The data reached an all-time high of 7,907.000 RMB in 2013 and a record low of 6,195.000 RMB in 2011. China Net Income per Capita: Median: Rural data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Income and Expenditure per Capita: Rural.

In Europe, the variation in average amounts of financial wealth per adult varied considerably as of 2022, from approximately ******* U.S. dollars in Switzerland to roughly ***** U.S. dollars in Azerbaijan. In Europe, the overall average financial wealth per adult as of 2022 was ****** U.S. dollars. In terms of private wealth, Europe held the second highest value in the world, after North America. What is financial wealth? Financial wealth, also known as financial assets or liquid assets can include wealth that an individual has in the forms of cash, stocks, bonds, mutual funds, and bank deposits. In addition to financial wealth, wealth can also be measured in other assets, called non-financial wealth. This includes physical assets, such as real estate, land, vehicles, jewelry, and art, just to name a few. Where do most wealthy individuals live? Individuals with a net worth over *********** U.S. dollars are called high-net worth individuals (HNWI). The United States was the home country to the highest number of HNWIs in 2021. China followed, although their number of HNWIs did not even reach ********* of the number in the United States. In Europe, Switzerland is the country with the highest average financial wealth per adult, but with its small population size, the number of HNWIs does not come near the numbers in the United Kingdom, Germany, France, and Italy – the European countries with the highest number of HNWIs. Considering Switzerland’s small population size, however, it is the country in the world with the highest proportion of millionaires.

China Banks' WMP: Net-Value: Average Performance Benchmark: Close-end on Sale: Hybrid Product data was reported at 5.280 % in Jul 2022. This records a decrease from the previous number of 5.410 % for Jun 2022. China Banks' WMP: Net-Value: Average Performance Benchmark: Close-end on Sale: Hybrid Product data is updated monthly, averaging 4.860 % from Jan 2021 (Median) to Jul 2022, with 19 observations. The data reached an all-time high of 5.410 % in Jun 2022 and a record low of 4.430 % in Jan 2021. China Banks' WMP: Net-Value: Average Performance Benchmark: Close-end on Sale: Hybrid Product data remains active status in CEIC and is reported by Puyi Standard. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Number of Issuance.

Net Income per Capita: Rural Household: Hainan data was reported at 8,342.566 RMB in 2013. This records an increase from the previous number of 7,408.003 RMB for 2012. Net Income per Capita: Rural Household: Hainan data is updated yearly, averaging 2,204.365 RMB from Dec 1988 (Median) to 2013, with 26 observations. The data reached an all-time high of 8,342.566 RMB in 2013 and a record low of 566.600 RMB in 1988. Net Income per Capita: Rural Household: Hainan data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Net Income per Capita: Rural.

CN: Banks' Wealth Management Product: Net-Value: Average Performance Benchmark: Close-end New Issued data was reported at 4.060 % in Jul 2022. This records a decrease from the previous number of 4.130 % for Jun 2022. CN: Banks' Wealth Management Product: Net-Value: Average Performance Benchmark: Close-end New Issued data is updated monthly, averaging 4.210 % from Jan 2021 (Median) to Jul 2022, with 19 observations. The data reached an all-time high of 4.240 % in Dec 2021 and a record low of 4.060 % in Jul 2022. CN: Banks' Wealth Management Product: Net-Value: Average Performance Benchmark: Close-end New Issued data remains active status in CEIC and is reported by Puyi Standard. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Number of Issuance.

This statistic shows the average annual salary of employees in non-private enterprises and organizations in urban China in 2023, by region. In 2023, an employee in the urban regions of the Chinese Jiangsu province earned around 125,100 yuan per annum on average. The national average reached about 120,700 yuan that year. Aside from regional discrepancies, the respective industry had a large influence on the average annual salary of employees in urban China. Employees in the IT sector of China earned about 231,800 yuan on average, whereas people employed in the hotel and catering sector had an average annual salary of about 58,100 yuan in 2023.

CN: Banks' Wealth Management Product: Net-Value: Average Performance Benchmark: Open-end on Sale data was reported at 3.710 % in Jul 2022. This stayed constant from the previous number of 3.710 % for Jun 2022. CN: Banks' Wealth Management Product: Net-Value: Average Performance Benchmark: Open-end on Sale data is updated monthly, averaging 3.960 % from Jan 2021 (Median) to Jul 2022, with 19 observations. The data reached an all-time high of 4.190 % in Jan 2021 and a record low of 3.710 % in Jul 2022. CN: Banks' Wealth Management Product: Net-Value: Average Performance Benchmark: Open-end on Sale data remains active status in CEIC and is reported by Puyi Standard. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Number of Issuance.

China Net Income per Capita: Rural Household: Wage: Middle Income data was reported at 3,196.412 RMB in 2012. This records an increase from the previous number of 2,739.837 RMB for 2011. China Net Income per Capita: Rural Household: Wage: Middle Income data is updated yearly, averaging 1,450.075 RMB from Dec 2002 (Median) to 2012, with 11 observations. The data reached an all-time high of 3,196.412 RMB in 2012 and a record low of 716.180 RMB in 2002. China Net Income per Capita: Rural Household: Wage: Middle Income data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Income and Expenditure by Income Level: Rural.

China Banks' Wealth Management Product: Net-Value: Average Performance Benchmark: Close-end on Sale data was reported at 4.080 % in Jul 2022. This records a decrease from the previous number of 4.140 % for Jun 2022. China Banks' Wealth Management Product: Net-Value: Average Performance Benchmark: Close-end on Sale data is updated monthly, averaging 4.210 % from Jan 2021 (Median) to Jul 2022, with 19 observations. The data reached an all-time high of 4.250 % in Dec 2021 and a record low of 4.080 % in Jul 2022. China Banks' Wealth Management Product: Net-Value: Average Performance Benchmark: Close-end on Sale data remains active status in CEIC and is reported by Puyi Standard. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Number of Issuance.

China Disposable Income per Capita: Net Income from Transfer data was reported at 7,644.000 RMB in 2024. This records an increase from the previous number of 7,261.000 RMB for 2023. China Disposable Income per Capita: Net Income from Transfer data is updated yearly, averaging 2,344.500 RMB from Dec 1998 (Median) to 2024, with 27 observations. The data reached an all-time high of 7,644.000 RMB in 2024 and a record low of 416.900 RMB in 1998. China Disposable Income per Capita: Net Income from Transfer data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Income per Capita.

China Banks' WMP: Net-Value: Average Performance Benchmark: Close-end New Issued: Fixed Income Product data was reported at 4.030 % in Jul 2022. This records a decrease from the previous number of 4.080 % for Jun 2022. China Banks' WMP: Net-Value: Average Performance Benchmark: Close-end New Issued: Fixed Income Product data is updated monthly, averaging 4.165 % from Jun 2020 (Median) to Jul 2022, with 26 observations. The data reached an all-time high of 4.210 % in Dec 2020 and a record low of 4.030 % in Jul 2022. China Banks' WMP: Net-Value: Average Performance Benchmark: Close-end New Issued: Fixed Income Product data remains active status in CEIC and is reported by Puyi Standard. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Number of Issuance.