ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

China on verge of high-income status after wealth measure jumps 20%

COVID recovery and strong yuan drive GNI gains, but inequality still a challenge

A Prada store in Beijing.   © Reuters

BEIJING -- China's per capita gross national income grew by a fifth in 2021, according to government data released Monday, coming within striking distance of the World Bank's threshold for a high-income country.

Chinese GNI rose 20% in nominal terms to $12,438 per capita. The World Bank regards $12,695 as the minimum line for a high-income country.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more