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The per capita disposable income of residents has increased by more than 80% in the past ten years, and the people's living standards have continued to improve

author:Xinhua

According to the data of the National Bureau of Statistics, in the first three quarters, the per capita disposable income of residents nationwide increased by 5.9 percent in real terms, and the income of residents nationwide maintained a steady growth trend, and the income of rural residents continued to grow faster than that of urban residents.

Since the 18th National Congress of the Communist Party of China, the mainland has continued to promote the construction of inclusive and basic people's livelihood, improving people's living standards in all aspects, and significantly improving the people's sense of gain. The per capita disposable income of residents increased from 16,510 yuan in 2012 to 36,883 yuan in 2022, an increase of 83% in 2022 compared with 2012, and the growth rate was faster than economic growth.

The per capita disposable income of residents has increased by more than 80% in the past ten years, and the people's living standards have continued to improve

In the past 10 years, China has won the battle against poverty and built a moderately prosperous society in all respects as scheduled. It has formed the world's largest and most growing middle-income group of more than 400 million people. The people's living standards have continued to improve, and according to the standards of the United Nations, the living standards of the people on the mainland have entered a stage of relative prosperity and prosperity.

This year is a year of economic recovery and development after three years of new crown epidemic prevention and control. Focus on people's livelihood concerns, firmly adhere to the bottom line of people's livelihood, and ensure people's livelihood is strong and effective.

In the first three quarters, wage income and net operating income grew rapidly, providing major support for residents' income increase. The per capita wage income of residents nationwide was 16,747 yuan, 0.5 percentage points faster than the growth rate of national residents' income, and the per capita net operating income of residents nationwide was 4,643 yuan, 0.4 percentage points faster than the growth rate of national residents' income.

With the continuous effect of various policies and measures to stabilize employment, the employment space has been effectively expanded, and the employment situation is generally stable. The rapid growth of the service industry has led to a significant increase in the number of jobs absorbed by related industries. According to the National Monitoring Survey of Migrant Workers, the number of rural laborers who went out to work reached 187.74 million at the end of the third quarter, an increase of 5.04 million or 2.8 percent over the same period of last year.

Stabilizing prices is an important task for doing a good job in this year's economic work. In the first 11 months, the national consumer price index (CPI) rose by 0.3% year-on-year, and the operation of domestic prices remained stable overall.

The per capita disposable income of residents has increased by more than 80% in the past ten years, and the people's living standards have continued to improve

We will solidly promote common prosperity, consolidate and expand the effective connection between the achievements of poverty alleviation and rural revitalization, and promote the continuous increase of income of people who have been lifted out of poverty. In the first half of this year, the per capita disposable income of rural residents in poverty-stricken counties continued to grow rapidly. In the first three quarters, the ratio of per capita disposable income of urban and rural residents was 2.51, a decrease of 0.06 over the same period of the previous year, and the relative income gap between urban and rural residents continued to narrow.

In the past 10 years, the equalization of basic public services has been steadily promoted, and the balance, coordination and complementarity of regional development have continued to increase.

From 2012 to 2022, the per capita disposable income ratio of urban and rural residents in mainland China dropped from 2.88 to 2.45. The per capita disposable income ratios of residents in the eastern, northeastern, central and western regions decreased from 1.7, 1.29 and 1.1 in 2013 to 1.63, 1.11 and 1.07 in 2021, respectively.

The 14th Five-Year Plan and the Outline of the Long-Range Objectives Through 2035 clearly state that "looking forward to 2035, the mainland will basically realize socialist modernization." "The per capita GDP has reached the level of moderately developed countries, the middle-income group has expanded significantly, basic public services have been equalized, and the gap between urban and rural development and residents' living standards has been significantly narrowed. ”

Since the beginning of this year, we have strengthened the priority orientation of employment, and all localities and departments have grasped key points, implemented precise policies, and increased the income of urban and rural residents through multiple channels. We should further cultivate and improve the labor market and intensify efforts to expand and stabilize jobs. Promote the optimization and upgrading of the industrial structure, broaden the employment channels of residents, expand the ability to absorb employment, and guide the transfer of rural labor to non-agricultural industries. Encourage migrant workers to work and start businesses in cities, eliminate the phenomenon of unequal pay for equal work, and steadily increase labor income. Support the development of individual industrial and commercial households and small and micro enterprises, and encourage entrepreneurship and employment to continuously improve the income level of residents.

With the full return to normal operation of the economy and society, various policies and measures have been superimposed. As of the end of September 2023, there were 181 million registered business entities nationwide, more than three times that of 2012. The number of registered individual industrial and commercial households in the country has reached 122 million, becoming an important force in stabilizing employment, promoting growth and benefiting people's livelihood.

The per capita disposable income of residents has increased by more than 80% in the past ten years, and the people's living standards have continued to improve

The just-concluded Central Economic Work Conference emphasized "adhering to the general tone of seeking progress while maintaining stability" and proposed to "increase the income of urban and rural residents and expand the scale of middle-income groups".

Xu Guangjian, a professor at the School of Public Administration of Renmin University of Chinese, said that insisting on achieving simultaneous growth in residents' income while growing the economy and broadening the channels of residents' labor income and property income will provide a more surging impetus for giving full play to the advantages of the super-large-scale market.

Reporter: Zhao Wenjun

Drafting: Li Huan

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