Table A1.
Reported Monthly Household Income Categories | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
---|---|---|---|---|---|---|---|---|---|---|
Mean Annual Household Income | ||||||||||
<1000 | 5067 | 5067 | 5067 | 5067 | 5067 | |||||
1000–2999 | 23,842 | 23,842 | 23,842 | 23,842 | 23,842 | |||||
3000–4999 | 46,540 | 46,540 | 46,540 | 46,540 | 46,540 | |||||
5000–6999 | 70,900 | 70,900 | 70,900 | 70,900 | 70,900 | |||||
7000–8999 | 94,566 | 94,566 | 94,566 | 94,566 | 94,566 | |||||
≥9000 | 111,008 | 124,729 | 146,664 | 168,363 | 208,160 | |||||
Mean Per Capita Annual Household Income | ||||||||||
<1000 | 1960 | 1880 | 1817 | 1909 | 1892 | 1892 | 1892 | 1892 | 1892 | |
1000–2999 | 8117 | 8025 | 7510 | 7932 | 7896 | 7896 | 7896 | 7896 | 7896 | |
3000–4999 | 14,919 | 14,923 | 13,965 | 14,752 | 14,640 | 14,640 | 14,640 | 14,640 | 14,640 | |
5000–6999 | 22,571 | 22,110 | 20,788 | 21,676 | 21,786 | 21,786 | 21,786 | 21,786 | 21,786 | |
7000–8999 | 28,368 | 28,204 | 26,790 | 26,922 | 27,571 | 27,571 | 27,571 | 27,571 | 27,571 | |
≥9000 | 32,139 | 37,842 | 34,677 | 47,199 | 64,861 | 72,902 | 81,698 | 90,822 | 99,743 | |
Per capita household income growth (%) | 10.7% | 12.2% | 8.4% | 11.5% | 8.1% | 8.3% | 9.5% | 9.2% | 9.0% | 8.2% |
Inflation (%) | 1.5% | 4.8% | 5.9% | -0.7% | 3.3% | 5.4% | 2.6% | 2.6% | 2.0% | 1.5% |
Source: Authors’ calculations based on data from China Household Finance Survey, 2011 [35]; IMF World Economic Outlook Database [36]; National Bureau of Statistics of China [25]; and ITC China Survey Waves 1–5. Notes: The mean per capita annual household income values for the lower five income groups for the years 2012–2015 were not adjusted for inflation or income growth. For the open-ended top income group with monthly household income 9000 yuan (1445 USD) and above, the mean per capita household income (64,861 yuan or 10,038 USD) imported from the CHFS 2011 was adjusted for inflation and per capita income growth for the years 2012–2015 to obtain the nominal income values for respective years. 1 USD was equivalent to 9.97 yuan in 2006, 7.61 yuan in 2007, 6.95 yuan in 2008, 6.83 yuan in 2009, 6.77 yuan in 2010, 6.46 yuan in 2011, 6.31 yuan in 2012, 6.20 yuan in 2013, 6.14 yuan in 2014 and 6.23 yuan in 2015 [37].