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Anhui Ranks 15th in China in Terms of Purchasing Power

Pub Date:18-08-07 10:21 Source:www.cnanhui.org

Anhui's consumer expenditure per capita reached 8,482 yuan ($1,238) in the first half of this year (H1), ranking 15th in China, official data showed.

National consumer expenditure per capita went up 6.7 percent year on year to hit 9,609 yuan during the first six months, according to the National Bureau of Statistics (NBS).

A total of ten regions outperformed the national average, including Shanghai, Beijing, Tianjin, Zhejiang and Guangdong.

Shanghai outshone other provincial regions both in per capita disposable income and in consumer expenditure per capita in H1.

Average per capita disposable income in Shanghai stood at 32,612 yuan in H1, the highest among China’s provincial regions. It also overtook its peers in purchasing power, with residents spending 21,321 yuan on average.

Food, tobacco and alcohol made up 29.3 percent of consumption per capita, reaching 2,814 yuan, while expenditure on housing stood at 2,157 yuan, or 22.4 percent of the total.

File photo shows young men work out in a gym.

Spending on products and services related to the ongoing upgraded consumption showed robust growth in H1, with sports, healthcare, hotel accommodation and traffic registering a year-on-year increase of 39.3 percent, 24.6 percent, 37.8 percent and 22.8 percent, respectively, according to the NBS.

Meanwhile, expenditure on cosmetics, adult education and preschool education rose at fast pace.


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