Households' Income and Consumption Expenditure in the First Half Year of 2021
National Bureau of Statistics of China2021-07-16 10:00




I. Households' Income

 

In the first half of the year, the per capita disposable income of residents in China was 17,642 yuan, a nominal increase of 12.6 percent over the same period of last year. After deducting the price factor, the actual increase was 12.0 percent, which was higher, mainly due to the low base in the first half of last year; it was 15.4 percent higher than that in the first half of 2019, with an average growth of 7.4 percent in two years. After deducting the price factor, the average real growth in two years was 5.2 percent, slightly lower than the economic growth in the same period. The growth of residents' income was basically synchronized with the economic growth.

 

From the perspective of urban and rural areas, the per capita disposable income of urban residents was 24,125 yuan, an increase of 11.4 percent (unless otherwise specified below, it was the nominal growth rate on a year-on-year basis). After deducting the price factor, the actual growth rate was 10.7 percent; the per capita disposable income of rural residents was 9,248 yuan, an increase of 14.6 percent. After deducting the price factor, the actual increase was 14.1 percent.

 

In the first half of the year, the median per capita disposable income of Chinese residents was 14,897 yuan, an increase of 11.6 percent, and the median was 84.4 percent of the average. Among them, the median per capita disposable income of urban residents was 21,517 yuan, an increase of 9.7 percent, and the median was 89.2 percent of the average; the median per capita disposable income of rural residents was 7,956 yuan, an increase of 19.1 percent, and the median was 86.0 percent of the average.

 

 

According to the source of income, in the first half of the year, the per capita wage income of residents in China was 10,104 yuan, an increase of 12.1 percent, accounting for 57.3 percent of disposable income; the net operating income per capita was 2,752 yuan, an increase of 17.5 percent, accounting for 15.6 percent of disposable income; the net income of per capita property was 1,582 yuan, an increase of 15.0 percent, accounting for 9.0 percent of disposable income; the net transfer income per capita was 3,204 yuan, an increase of 9.0 percent, accounting for 18.2 percent of disposable income.

 

II. Consumption Expenditure of Households

 

In the first half of the year, the per capita consumption expenditure of residents in China was 11,471 yuan, a nominal increase of 18.0 percent over the same period of last year. After deducting the price factor, the actual increase was 17.4 percent, an increase of 11.0 percent over the first half of 2019, an average increase of 5.4 percent in two years, and an average real increase of 3.2 percent after deducting the price factor.

 

In terms of urban and rural areas, the per capita consumption expenditure of urban residents was 14,566 yuan, an increase of 16.7 percent. After deducting the price factor, the actual increase was 16.0 percent; the per capita consumption expenditure of rural residents was 7,464 yuan, an increase of 20.2 percent. After deducting the price factor, the actual increase was 19.7 percent.

 

In the first half of the year, the per capita consumption expenditure of food, tobacco and alcohol was 3,536 yuan, an increase of 14.2 percent, accounting for 30.8 percent of the per capita consumption expenditure; the per capita clothing consumption expenditure was 742 yuan, an increase of 21.4 percent, accounting for 6.5 percent of the per capita consumption expenditure; the per capita residential consumption expenditure was 2,649 yuan, an increase of 7.5 percent, accounting for 23.1 percent of the per capita consumption expenditure; the per capita consumption expenditure on daily necessities and services was 669 yuan, up 15.1 percent, accounting for 5.8 percent of the per capita consumption expenditure; the per capita consumption expenditure on transportation and communication was 1,455 yuan, an increase of 17.5 percent, accounting for 12.7 percent of the per capita consumption expenditure; the per capita consumption expenditure on education, culture and entertainment was 1,119 yuan, up 68.5 percent, accounting for 9.8 percent of the per capita consumption expenditure; the per capita health care consumption expenditure was 1,015 yuan, an increase of 19.7 percent, accounting for 8.8 percent of the per capita consumption expenditure; the per capita consumption expenditure on other goods and services was 286 yuan, an increase of 33.0 percent, accounting for 2.5 percent of the per capita consumption expenditure.

 

 

Table 1 Income and Expenditure Nationwide in the First Half Year of 2021

 

 

Item

Absolute Value

( yuan)

Y/Y(%)

 

 

 

 

 

 

 

Total Per Capita Income Nationwide

17642

12.612.0

 Grouped by Permanent Residence

 

 

Urban Households

24125

11.410.7

Rural Households

9248

14.614.1

 Grouped by Income Source

 

 

Income of Wages and Salaries

10104

12.1

Net Business Income

2752

17.5

Net Income from Property

1582

15.0

Net Income from Transfer

3204

9.0

Total Per Capita Income Nationwide Median

14897

11.6

 Grouped by Permanent Residence

 

 

Urban Households

21517

9.7

Rural Households

7956

19.1

Total Per Capita Expenditure Nationwide

11471

18.017.4

 Grouped by Permanent Residence

 

 

Urban Households

14566

16.716.0

Rural Households

7464

20.219.7

 Grouped by Consumption Category

 

 

Food, tobacco and liquor

3536

14.2

Clothing

742

21.4

Residence

2649

7.5

Household facilities, articles and services

669

15.1

Transportation and telecommunication

1455

17.5

Education, culture and recreation

1119

68.5

Health care and medical services

1015

19.7

Miscellaneous goods and services

286

33.0

 

 

 

Notes:

1.     Per capita disposable income of households = per capita disposable income of urban households * proportion of urban population + per capita disposable income of rural households * proportion of rural population.

2.     Nominal growth rate of per capita disposable income of households = (per capita disposable income of households in the current year / per capita disposable income of households in the previous year - 1) * 100%; actual growth rate of per capita disposable income of households = (per capita disposable income of households in the current year / per capita disposable income of households in the previous year / per capita consumer price index of households in the same period - 1) * 100%.

3.     The per capita income and expenditure data of the whole country is based on the basic data of sampling survey of more than 100000 households, and weighted and summarized according to the number of households represented by each sample household. Influenced by urbanization, population migration and other factors, the composition of population in different periods has changed, which sometimes leads to the phenomenon that the growth rate of some income and Expenditure Projects of the whole country exceeds the growth range of corresponding income and Expenditure Projects of urban and rural households. It is mainly in the process of urbanization that some people with higher income in rural areas enter urban areas, but they belong to lower income groups in urban areas, and their migration has a pull down effect on part of the income and expenditure of urban and rural households; however, no matter in urban or rural areas, the growth effect will be reflected in the income and expenditure growth of all households.

4.     In the growth column compared with the previous year, the data in brackets is the actual growth rate, while others are the nominal growth rate.

5.     The average and median income are statistics reflecting the trend of households' income concentration. The average can not only directly reflect the overall situation, but also reflect the overall structure, which is convenient for the comparison of income levels of different groups, but also vulnerable to the influence of extreme data; the median reflects the situation of the object in the middle position, which is relatively stable and can avoid the influence of extreme data, but cannot reflect the structure.

 

 

Table 2: Income and Expenditure of Urban and Rural Households in the First Half Year of 2021

 

 

Item

Absolute Value

(yuan)

Nominal Increase

Y/Y

(%)

 

 

 

 

 

 

 

Total Per Capita Income of Urban Households

24125

11.4

 Grouped by Income Source

 

 

Income of Wages and Salaries

14550

10.0

Net Business Income

2842

23.2

Net Income from Property

2599

14.0

Net Income from Transfer

4134

7.8

Total Per Capita Expenditure of Urban Households

14566

16.7

 Grouped by Consumption Category

 

 

Food, tobacco and liquor

4378

12.2

Clothing

960

19.2

Residence

3503

6.1

Household facilities, articles and services

850

12.5

Transportation and telecommunication

1802

16.7

Education, culture and recreation

1463

68.3

Health care and medical services

1220

20.6

Miscellaneous goods and services

391

33.0

Total Per Capita Income of Rural Households

9248

14.6

 Grouped by Income Source

 

 

Income of Wages and Salaries

4348

19.0

Net Business Income

2635

10.5

Net Income from Property

266

15.0

Net Income from Transfer

2000

11.2

Total Per Capita Expenditure of Rural Households

7464

20.2

 Grouped by Consumption Category

 

 

Food, tobacco and liquor

2446

18.0

Clothing

461

26.1

Residence

1543

10.2

Household facilities, articles and services

436

20.8

Transportation and telecommunication

1006

18.4

Education, culture and recreation

674

66.8

Health care and medical services

749

17.1

Miscellaneous goods and services

150

30.5

 

 

 

           

 Annotations:

 

1. Explanatory Notes

 

Disposable income of Households refers to the sum of final consumption expenditure and savings that residents can use, that is, the income that residents can use for free disposal, including both cash income and physical income. According to the source of income, disposable income includes wage and salary income, net business income, net property income and net transfer income.

 

Consumer spending refers to all the expenditures that residents use to meet their daily needs, including both cash and physical consumption. Consumer spending includes eight categories: food, tobacco and alcohol, clothing, housing, daily necessities and services, transportation and communication, education, culture and recreation, medical care and other supplies and services.

 

The median of the nationwide per capita disposable income of households refers to the per capita disposable income of households which lies in the middle of all surveyed households ranked from low to high on the basis of per capita disposable income level.

 

The quarterly income and expenditure data do not include the income and consumption of the self-produced and self-used parts of households, and the annual income and expenditure data includes.

 

The two-year average growth rate refers to the growth rate calculated by geometric average method based on the corresponding number of the same period in 2019.

 

2. Survey Methods

 

The national and sub urban and rural households' income and expenditure data comes from the household income and expenditure and living conditions survey organized and implemented by the National Bureau of Statistics, which is released quarterly.

 

Using stratified, multi-stage, probability sampling method proportional to the size of population, the National Bureau of Statistics randomly selected 160000 households in 1800 counties (cities, districts) of 31 provinces (regions, cities) as survey households.

 

According to the unified system and method, the survey organizations directly under the National Bureau of statistics will organize the household to record and collect the data of households' income, expenditure, family operation, production and investment; meanwhile, according to the unified questionnaire, collect other surveys such as the employment of household members and labor force, the ownership of housing and durable consumer goods, and the enjoyment of households' basic social and public services. After the completion of data collection, the municipal and county survey organizations use unified methods and data processing procedures to code, review and input the original investigation data, and then directly transmit the basic household data to the National Bureau of Statistics for unified summary and calculation.

 

Annex
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