00:47

China's resident nominal disposable income up 6.5 pct, retail sales up 8.2 pct in H1

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STORY: China's resident nominal disposable income up 6.5 pct, retail sales up 8.2 pct in H1
DATELINE: July 17, 2023
LENGTH: 0:00:47
LOCATION: Beijing
CATEGORY: ECONOMY

SHOTLIST:
1. SOUNDBITE 1 (Chinese/English interpretation): FU LINGHUI, Spokesperson of National Bureau of Statistics
2. SOUNDBITE 2 (Chinese/English interpretation): FU LINGHUI, Spokesperson of National Bureau of Statistics

STORYLINE:

China's per capita disposable income stood at 19,672 yuan (about 2,758 U.S. dollars) in the first half of 2023, up 6.5 percent year on year in nominal terms, data from the National Bureau of Statistics (NBS) showed Monday.

SOUNDBITE 1 (Chinese/English interpretation): FU LINGHUI, Spokesperson of National Bureau of Statistics
"In the H1 of this year, the nationwide per capita disposable income of residents was 19,672 yuan (about 2,758 U.S. dollars), a nominal growth of 6.5 percent year on year. Real growth was 5.8 percent after deducting price factors. (Per capita disposable income of) urban households was 26,357 yuan, a nominal growth of 5.4 percentage point year on year and a real growth of 4.7 percent. Per capita disposable income of rural households was 10,551 yuan, a nominal growth of 7.8 percent year on year and a real growth of 7.2 percent."

According to the data from the NBS, China's retail sales of consumer goods went up 8.2 percent year on year in the first half (H1) of this year, 2.4 percentage points faster than that of the first quarter.

SOUNDBITE 2 (Chinese/English interpretation): FU LINGHUI, Spokesperson of National Bureau of Statistics
"In the first half of this year, the total retail sales of consumer goods reached 22,758.8 billion yuan (about 3.19 trillion U.S. dollars), up by 8.2 percent year on year, 2.4 percentage points faster than that of Q1."

Xinhua News Agency correspondents reporting from Beijing.
(XHTV)

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