Zhejiang eclipsed only by Shanghai, Beijing in per capita disposable income
The per capita disposable income of residents in East China's Zhejiang province was 57,541 yuan ($9,074) in 2021, the third highest among all provincial-level regions, according to the latest data from the National Bureau of Statistics.
Shanghai (78,027 yuan) and Beijing (75,002 yuan) cities were the only two regions that outperformed Zhejiang in this regard.
Jiangsu, another prosperous province in East China, took fourth place with its per capita income (47,498 yuan) reaching roughly 80 percent of Zhejiang's.
Tianjin city (47,449 yuan), Guangdong province (44,993 yuan) and Fujian province (40,659 yuan) were the other three regions that surpassed the threshold of 40,000 yuan.
The per capita disposable income of all Chinese residents was 35,128 yuan in 2021, an 8.1 percent increase (after reducing price factors) over 2020. All the aforementioned regions plus Shandong province (35,705 yuan) made up the eight regions that outstripped national average in this regard.
A shopper checks out groceries at a supermarket in Hangzhou, Zhejiang province. [Photo by Long Wei/for China Daily]