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

20220228N Prada

A Prada store in Beijing. Income disparities has widened in China, especially for those living in urban areas. © Reuters

IORI KAWATE, Nikkei staff writer

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.

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