GITNUX MARKETDATA REPORT 2024

Statistics About The Average Chinese Income

The average income in China is approximately $10,000 a year.

In this post, we will explore the dynamics of the average income in China, offering a comprehensive overview of the income landscape in both urban and rural areas. With a mix of statistics showcasing income disparity, regional variations, and sector-specific insights, we aim to paint a detailed picture of the average Chinese income and the factors that shape it. So, let’s dive into the numbers and trends to gain a better understanding of the economic realities faced by different segments of the Chinese population.

Statistic 1

"In 2021, income disparity was notable, with the Gini coefficient at 0.465."

Sources Icon

Statistic 2

"The annual income of China's top 1% urban households exceeds 500,000 yuan ($72,594)."

Sources Icon

Statistic 3

"In 2020, the average household net-adjusted disposable income per capita in China was $10,057 a year."

Sources Icon

Statistic 4

"The minimum wage in Beijing as of 2021 was 2,320 yuan ($336) per month."

Sources Icon

Statistic 5

"In 2020, Zhejiang province had a per capita disposable income of 56,820 yuan ($8,237)."

Sources Icon

Statistic 6

"The average annual income of urban workers in China reached 97,379 yuan ($14,124) in 2021."

Sources Icon

Statistic 7

"The average monthly disposable income per capita in urban China was 5,717 yuan ($830) in 2020."

Sources Icon

Statistic 8

"From 2010 to 2020, China's average annual income growth rate was around 8%."

Sources Icon

Statistic 9

"In 2020, the per capita annual disposable income of urban Chinese residents was 43,834 yuan ($6,592)."

Sources Icon

Statistic 10

"As of 2020, Chinese households earned a median income of $5,230."

Sources Icon

Statistic 11

"The average rural disposable income in China was 18,931 yuan ($2,746) in 2021."

Sources Icon

Statistic 12

"China’s middle-income group makes up about 400 million people."

Sources Icon

Statistic 13

"In 2021, average wages in the private sector in China were 57,727 yuan."

Sources Icon

Statistic 14

"Guangdong province's average annual salary for urban employees was 72,432 yuan ($10,524) in 2021."

Sources Icon

Statistic 15

"The average monthly income for Chinese tech workers in 2020 was approximately 24,000 yuan ($3,475)."

Sources Icon

Statistic 16

"Shanghai's urban residents had an average disposable income of 64,183 yuan ($9,318) in 2021."

Sources Icon

Statistic 17

"Shenzhen's average monthly salary in the tech industry was 30,000 yuan ($4,347) in 2021."

Sources Icon

Statistic 18

"In 2020, Hubei's per capita disposable income was 26,456 yuan ($3,975)."

Sources Icon

Statistic 19

"China's national average salary for scientific research and technology services was 240,000 yuan per year ($34,764) as of 2021."

Sources Icon

Statistic 20

"In 2021, the average disposable income in China's urban areas was 47,412 yuan ($6,877)."

Sources Icon
The statistics on average Chinese income reveal a significant wealth gap, with the top 1% of urban households earning over 500,000 yuan annually, while the minimum wage in Beijing stands at a fraction of that. The diversity in income levels is further highlighted by the varying disposable income across regions, industries, and sectors. Despite this disparity, the average annual income growth rate has been a remarkable 8%, indicating overall economic progress. With a substantial middle-income group of about 400 million people and notable salaries in tech and research fields, China’s income landscape presents opportunities for growth and development, albeit with challenges in ensuring equitable distribution.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!