Rising Incomes and Digital Lives: How Life Evolved in the Chinese Mainland
Household incomes in the Chinese mainland climbed to 41,314 yuan in 2024, fueling a surge in car ownership, travel and digital cultural consumption.
My Global News: Voices of a New Era
๐ Stay Ahead, Stay Global ๐
Household incomes in the Chinese mainland climbed to 41,314 yuan in 2024, fueling a surge in car ownership, travel and digital cultural consumption.
CF40 experts say boosting domestic consumption, raising incomes, and opening to foreign investment will help mitigate the impact of U.S. tariffs on the Chinese mainland economy.
China’s per capita disposable income increased by 6.1% in 2023, with rural incomes rising 8.4%, narrowing the urban-rural gap, according to Premier Li Qiang.