ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

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. Income disparities has widened in China, especially for those living in urban areas.   © 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.

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