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February 25, 2014

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Per capita income grows 8.1% in 2013

China yesterday published its per capita disposable income, which combined urban residents and rural households for the first time, in a bid to reflect urbanization efforts and to paint a fairer picture of wealth.

Per capita disposable income in China grew 10.9 percent from a year earlier to 18,311 yuan (US$2,993) in 2013, according to the National Bureau of Statistics report. Excluding price factors, the income rose 8.1 percent year on year.

In comparison, the disposable income of China’s urban residents increased 9.7 percent annually to 26,955 yuan in 2013, while proceeds of rural households advanced 12.4 percent to 8,896 yuan, according to the bureau.

Wang Pingping, a bureau official in charge of household surveys, told Xinhua news agency that urban and rural data were collected separately before 2013.

“Such data helped to make policy decisions, but they did not show the whole income landscape across the whole nation,” Wang said.

China is working to coordinate urban and rural development and to improve income distribution. The unified data are to meet such demand, Wang said.

China’s gross domestic product grew 7.7 percent to 56.88 trillion yuan last year, strengthening the country’s position as the world’s second-largest economy. But its relatively low productivity and per-capita income made it still a developing country.

China’s per capita GDP gained 7.3 percent to 66,199 yuan, the bureau said.

It also published some other new data to give a broad picture of China’s fast changing economic and social conditions.

Last year, the income of China’s delivery services jumped to 144.2 billion yuan with 9.19 billion units of business completed, or the equivalent of 70 percent of Chinese using the services.

The number of Internet users was 618 million last year, or 45.8 percent of China’s total population. Among them, 500 million surfed the Internet using a mobile phone.

The report also published data of the services trade for the first time, which jumped 14.7 percent to US$539.6 billion in 2013, with the trade deficit landing at US$118.5 billion.

China’s unemployment rate dropped to 4.05 percent last year, down from 4.09 percent in 2012.

The number of migrant workers rose 2.4 percent to 268 million, the report said.



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