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Zhejiang cities release disposable income data

ezhejiang.gov.cn| Updated: January 30, 2022 L M S

All 11 cities at or above prefecture-level in East China's Zhejiang province, except Quzhou, recently published their the per capita disposable income of their residents in 2021.

Residents in Hangzhou, capital of Zhejiang, had a per capita disposable income of 67,709 yuan ($10,644) in 2021, ranking first among all Zhejiang cities.

The figure for Ningbo, the second richest city in Zhejiang, was 65,436 yuan.

The incomes of the other eight cities are as follows: Shaoxing (62,509 yuan), Zhoushan (60,848 yuan), Jiaxing (60,048 yuan), Wenzhou (59,588 yuan), Huzhou (57,497 yuan), Jinhua (55,880 yuan), Taizhou (55,499 yuan), and Lishui (42,042 yuan).

The per capita disposable income of Zhejiang residents stood at 57,541 yuan in 2021, eclipsed only by Shanghai and Beijing among all provincial-level regions.

The Yangtze River Delta region, including Zhejiang and Jiangsu provinces, and the Pearl River Delta region, including southern Guangdong province, are the two most important economic powerhouses in China. Most of the affluent cities in the two regions reported comparable income figures. The figures for the three southern Jiangsu cities of Suzhou, Wuxi, and Changzhou were 68,191 yuan, 63,014 yuan, and 56,897 yuan respectively, while the figures for Foshan and Zhongshan, two cities in southern Guangdong province, were 61,700 yuan and 57,901 yuan.

Shanghai and Shenzhen, the two metropolises respectively situated in East China and South China, can be seen as outliers: their residents' per capita disposable incomes in 2021 were 78,027 yuan and 70,847 yuan respectively.

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A woman shops in a supermarket in Hangzhou, Zhejiang province. [Photo by Long Wei/for China Daily]