Disposable Income in China

China urban per capita disposable income up 19.5 pct, rural up 15.2 pct - stats

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According to this article, the per capita disposable income of China's urban and rural residents "rose 19.5 pct and 15.2 pct year-on-year, respectively". Disposable income is referred to as any income a household receives after paying taxes, and can therefore either be consumed or saved (DI=C+S). Disposable income and consumption share a direct relationship; as disposable income increases, consumption increases as well. A change in disposable income (in this case, an increase) therefore leads to a movement along the Consumption curve. Thus, according to this article, consumption in China will likely increase as a result of the increased disposable income. Because DI is equal to C+S, saving will also increase as disposable income increases.

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