Disposable income strengthens
Per capita disposable income among the mainland's urban residents hit 777.8 yuan in February, up 2.2 per cent from the same month last year, the People's Daily said yesterday. Per capita consumption rose 7.3 per cent year-on-year to hit 598.2 yuan in February, the newspaper said, quoting a survey of residents in 35 large and middle-sized cities. The newspaper did not give further details. Disposable income of urban residents was estimated to have risen an inflation-adjusted 2.9 per cent last year, official figures showed.