The Chinese leader Xi Jinping announced this year that China has completely eradicated poverty, the country’s financial media group “First Financial” today released the “annual per capita disposable income data” of the country’s 15 new first-tier cities, the average annual income of all residents is RMB 47,701.7 yuan, the average monthly income of each person is RMB 3,975 yuan. The average annual income of all residents is RMB 47,701.7 yuan, and the average monthly income of each person is RMB 3,975 yuan.
According to Chinese media, the “annual per capita disposable income data” refers to the total household income after deducting income tax and social insurance premiums, and according to the “City Business Attractiveness Ranking” in June 2020, “First Finance” defined 15 cities as “New Tier 1 Cities”, namely Chengdu, Chongqing, Hangzhou, Wuhan, Xi’an, Tianjin, Suzhou, Nanjing, Zhengzhou, Changsha, Dongguan, Shenyang, Qingdao, Hefei and Foshan.
According to the survey, Hangzhou has the highest monthly disposable income per person among the 15 places, at RMB 5,157, followed by Dongguan at RMB 4,711, Nanjing at RMB 5,051, Suzhou at RMB 5,215, Tianjin at RMB 3,655, Qingdao at RMB 3,930, Wuhan at RMB 3,733, Hefei at RMB 3,468, Chengdu at RMB 3,506, Xi’an at RMB 2,982, and Zhengzhou at RMB 2,982. RMB 2,982, Zhengzhou RMB 3,106, Foshan RMB 4,687, Chongqing RMB 2,569, Changsha RMB 4,290 and Shenyang RMB 3,510.
After the data was released on Weibo, it triggered a strong backlash from Chinese netizens, many of whom accused the data of “falsification”, while some left messages saying “Zhengzhou’s salary is a third-tier city, but its consumption is a first-tier city! The comments included “Can we get more money?”, “We can’t catch up”, “We’re being averaged again”, “I can’t do it if I have a per capita monthly income! “, “Real data? It’s quite like blowing up, ask half of those who earn more than 10,000 a month”.
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