Shanghai Aims for Faster Income Growth

Shanghai will try to raise people’s incomes at a rate quicker than the national average and those on low incomes will see their salaries grow even faster, Shanghai Party Secretary Han Zheng said yesterday during the annual session of the Shanghai People’s Congress.

 

With an average disposal income of RMB40,188 ( USD6,379 ) last year, Shanghai urban residents continued to lead other provinces and cities in income ranking on the Chinese mainland.

 

However this rise of 10.9% from a year earlier is slower than the national average increase of 12.6%.

 

~ Shanghai Daily, January 29, 2013 ~

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