The per capita disposable income of urban residents topped
15,000 yuan (US$1,875) in the 16 cities in the Shanghai-centered
Yangtze River Delta last year, said a research center based in East
China's Jiangsu Province.
This indicates an increase of 13.3 percent over 2004, according
to statistics provided by the Yangtze River Delta Research Center
in the scenic city of Wuxi.
Shanghai is China's largest city and commercial hub with per
capita disposable income averaging 18,645 yuan (US$2,330) in 2005,
The seven cities in the booming Zhejiang Province posted 16,612
yuan (US$2,076) of per capita disposable income last year, while
the eight cities in the neighboring Jiangsu Province reported
13,643 yuan (US$1,705).
The research center said wages still make up the bulk of the
residents' income. In 2005, 10,836 yuan (US$1,354), or 65.2 percent
of their average income, came from wages. Other sources of income
included business earnings such as rental property income and
interest and dividends
The Yangtze River Delta, one of China's three major city
clusters, reported per capita GDP of more than 4,000 U.S. dollars
Some 37 percent of China's GDP was earned in the three major
city clusters which also include the Pearl River Delta and the
Bohai Bay rim.
(Xinhua News Agency March 14, 2006)