Households' Income and Consumption Expenditure in the First Half Year of 2023

National Bureau of Statistics of China 2023-07-18 10:00 Print| Large| Medium| Small

I. Households' Income

In the first half of the year, the nationwide per capita disposable income of residents was 19,672 yuan, a nominal growth of 6.5 percent over the same period last year, and a real growth of 5.8 percent after deducting price factors. In terms of urban and rural areas, the per capita disposable income of urban households was 26,357 yuan, a growth of 5.4 percent (unless otherwise specified below, it was a year-on-year nominal growth), and the real growth was 4.7 percent after deducting price factors; the per capita disposable income of rural households was 10,551 yuan, a growth of 7.8 percent. After deducting price factors, the real growth was 7.2 percent.

In terms of income sources, in the first half of the year, the nationwide per capita salary income was 11,300 yuan, an increase of 6.8 percent, accounting for 57.4 percent of disposable income; the per capita net business income was 3,041 yuan, an increase of 7.0 percent, accounting for 15.5 percent of disposable income; the per capita net property income was 1,743 yuan, an increase of 4.7 percent, accounting for 8.9 percent of disposable income; the per capita net income from transfers was 3,588 yuan, an increase of 6.1 percent, accounting for 18.2 percent of disposable income.

In the first half of the year, the median of per capita disposable income nationwide was 16,393 yuan, an increase of 5.4 percent, and the median was 83.3 percent of the average. Among them, the median of per capita disposable income of urban households was 23,298 yuan, an increase of 4.4 percent, and the median was 88.4 percent of the average; the median of per capita disposable income of rural households was 8,920 yuan, an increase of 6.1 percent, and the median was 84.5 percent of the average.

Per Capita Disposable Income and Its Growth of Urban and Rural Residents in the First Half Year of 2023

II. Consumption Expenditure of Households

In the first half of the year, the national per capita consumption expenditure was 12,739 yuan, a nominal growth of 8.4 percent over the same period of the previous year, and after deducting the impact of price factors, the real growth was 7.6 percent. In terms of urban and rural areas, the per capita consumption expenditure of urban households was 15,810 yuan, an increase of 7.7 percent, and after deducting price factors, the real growth was 7.0 percent; the per capita consumption expenditure of rural households was 8,550 yuan, an increase of 8.5 percent. After deducting price factors, the real growth was 7.9 percent.

In the first half of the year, the national per capita consumption expenditure on food, tobacco and alcohol was 3,907 yuan, an increase of 6.0 percent, accounting for 30.7 percent of the per capita consumption expenditure; the per capita consumption expenditure on clothing was 764 yuan, up 5.4 percent, accounting for 6.0 percent of per capita consumption expenditure; the per capita consumption expenditure on housing was 2,949 yuan, an increase of 5.1 percent, accounting for 23.2 percent of the per capita consumption expenditure; the per capita consumption expenditure on articles and services for daily use was 722 yuan, an increase of 7.8 percent, accounting for 5.7 percent of the per capita consumption expenditure; the per capita consumption expenditure on transportation and communication was 1,630 yuan, an increase of 9.2 percent, accounting for 12.8 percent of the per capita consumption expenditure; the per capita consumption expenditure on education, culture and recreation was 1,205 yuan, an increase of 16.2 percent, accounting for 9.5 percent of the per capita consumption expenditure; the per capita consumption expenditure on medical services and health care was 1,219 yuan, an increase of 17.1 percent, accounting for 9.6 percent of the per capita consumption expenditure; the per capita consumption expenditure on other articles and services was 342 yuan, an increase of 14.5 percent, accounting for 2.7 percent of the per capita consumption expenditure.

Per Capita Consumption Expenditure and Composition in the First Half Year of 2023

Table 1 Income and Expenditure Nationwide in the First Half Year of 2023

Item	Absolute Value	Y/Y（%） Actual Growth in Brackets
Per Capita Disposable Income Nationwide	19672	6.5（5.8）
Grouped by usual residence
Urban households	26357	5.4（4.7）
Rural households	10551	7.8（7.2）
Grouped by income source
Salary income	11300	6.8
Net business income	3041	7.0
Net property income	1743	4.7
Net income from transfers	3588	6.1
Median of per Capita Disposable Income Nationwide	16393	5.4
Grouped by usual residence
Urban households	23298	4.4
Rural households	8920	6.1
National per Capita Consumption Expenditure	12739	8.4（7.6）
Grouped by usual residence
Urban households	15810	7.7（7.0）
Rural households	8550	8.5（7.9）
Grouped by consumption category
Food, tobacco and alcohol	3907	6.0
Clothing	764	5.4
Housing	2949	5.1
Articles and services for daily use	722	7.8
Transportation and communication	1630	9.2
Education, culture and recreation	1205	16.2
Medical services and health care	1219	17.1
Other articles and services	342	14.5
Notes: 1.Per capita disposable income nationwide = 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 period100 - 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 160,000 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 of the First Half Year of 2023

Item	Absolute Value (yuan)	Nominal Growth Y/Y （%）
Per Capita Disposable Income of Urban Households	26357	5.4
Grouped by income source
Salary income	15934	5.7
Net business income	3116	7.0
Net property income	2790	3.3
Net income from transfers	4517	4.8
Per Capita Consumption Expenditure of Urban Households	15810	7.7
Grouped by consumption category
Food, tobacco and alcohol	4740	5.0
Clothing	962	5.3
Residence	3831	3.9
Articles and services for daily use	899	7.4
Transportation and communication	1989	9.2
Education, culture and recreation	1505	16.3
Medical services and health care	1421	17.0
Other articles and services	463	16.1
Per Capita Disposable Income of Rural Households	10551	7.8
Grouped by income source
Salary income	4978	8.2
Net business income	2937	7.0
Net property income	314	8.1
Net income from transfers	2322	7.9
Per Capita Consumption Expenditure of Rural Households	8550	8.5
Grouped by consumption category
Food, tobacco and alcohol	2772	7.1
Clothing	494	4.0
Housing	1746	6.4
Articles and services for daily use	480	7.2
Transportation and communication	1141	7.8
Education, culture and recreation	796	14.5
Medical services and health care	945	16.5
Other articles and services	176	6.7

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 income from transfers.

Consumption Expenditure of Households refers to all the expenditures that residents use to meet their daily needs, including both cash and physical consumption. Consumption expenditure includes eight categories: food, tobacco and alcohol, clothing, housing, articles and services for daily use, transportation and communication, education, culture and recreation, medical services and health care and other supplies and services.

The median of the per capita disposable income nationwide 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.

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 160,000 households in 1,800 counties (cities, districts) of 31 provinces (autonomous regions , municipalities) 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.

3. Additional Description

Due to the rounding of some data, there are differences between total and subtotal.