The National Bureau of Statistics website has published the per capita disposable income of residents across 31 provinces for the first three quarters of 2026.
Per capita disposable income refers to the income that residents can freely dispose of, representing the total sum available for final consumption expenditure and savings. Disposable income includes both cash income and in-kind income. Based on income sources, disposable income comprises four components: wage income, net operating income, net property income, and net transfer income. Per capita disposable income is the average obtained by dividing total resident disposable income by the permanent population. This indicator can be used to measure residents' living standards and purchasing power, and provides an important reference for formulating policies to safeguard and improve people's livelihoods.
In the first three quarters, the national per capita disposable income was 34,230 yuan, a nominal increase of 5.3% compared with the same period last year, and a real increase of 4.4% after deducting price factors. By urban and rural breakdown, the per capita disposable income of urban residents was 44,945 yuan, a nominal increase of 4.5% compared with the same period last year, and a real increase of 3.6% after deducting price factors; the per capita disposable income of rural residents was 18,809 yuan, a nominal increase of 6.3% compared with the same period last year, and a real increase of 5.6% after deducting price factors.
By province, in the first three quarters, 12 provinces had per capita disposable income exceeding 30,000 yuan, among which both Shanghai and Beijing exceeded 70,000 yuan. Specifically, in the first three quarters, Shanghai's per capita disposable income was 72,175 yuan, ranking first; Beijing's per capita disposable income was 70,405 yuan, ranking second; Zhejiang ranked third with 57,593 yuan. Tianjin, Jiangsu, Guangdong, and Fujian each had per capita disposable income exceeding 40,000 yuan in the first three quarters, ranking fourth through seventh. Shandong, Chongqing, Inner Mongolia, Liaoning, and Anhui each had per capita disposable income exceeding 30,000 yuan in the first three quarters, ranking eighth through twelfth.
Chongqing, Inner Mongolia, Anhui, Hunan, and Hubei ranked among the top in the central and western regions for per capita disposable income in the first three quarters. These provinces are also areas with relatively high levels of industrialization and urbanization in the central and western regions. As scientific and technological innovation becomes a fundamental driving force for development, a number of modern industrial clusters are accelerating their concentration in strong provincial capitals and central cities in the central and western regions. Industrial development drives rapid growth in employment, which in turn drives sustained and rapid growth in income levels.
In 2025, Anhui's R&D expenditure intensity reached 2.86%, ranking seventh nationally and first in the central and western regions. Hefei, the capital of Anhui Province, had a society-wide R&D investment intensity of 4.11%, firmly holding third place among provincial capital cities. On July 27 of this year, ChangXin Technology officially listed on the STAR Market of the Shanghai Stock Exchange, making Hefei the fourth-largest city by total A-share market capitalization. In recent years, Hefei has focused on developing the "chip, screen, automobile, and integrated" industries, continuously creating a large number of high-quality jobs and attracting a steady influx of talent.
Hubei has 4 national strategic emerging industry clusters and 16 national innovative industry clusters, both ranking among the top in the country. In Wuhan's Optics Valley, from a single optical fiber to the entire industrial chain of optical displays, optical modules, optical chips, and materials, 16,000 optoelectronic enterprises are gathered here, forming a trillion-yuan ecosystem of "optical core, screen, terminal, and network." Ding Changfa, associate professor of the Department of Economics at Xiamen University, analyzed that multiple new first-tier cities and strong provincial capitals in the central and western regions have a solid foundation in science, education, culture, and health resources, with strong higher education capabilities, gathering a large number of talents. As the business environment continues to optimize and improve, the atmosphere for urban innovation is growing stronger. Through the accumulation of time, a group of relatively competitive technology enterprises has been nurtured, and industrial development has also gathered talent.
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