Beijing sees growth in residents income

BEIJING - The per capita disposable income of urban residents in Beijing was 43,910 yuan($7,070) in 2014, an increase of 8.9 percent from the previous year, local authorities said on Thursday.

According to a report jointly published by Beijing Statistics Bureau and the National Bureau of Statistics Beijing survey office, the per capita net income of the city's rural residents was 20,226 yuan, up by 10.3 percent year on year.

Population of the permanent residents in Beijing was 21.516 million by the end of 2014, a growth of 1.7 percent from the end of 2013. The population of the urban residents was 18.59 million, which is 86.4 percent of the total permanent residents.

The city's consumer price index, a main gauge of inflation, rose 1.6 percent in 2014 from 2013.

The total retail sales of consumer goods of Beijing in 2014 was 909.81 billion yuan, up by 8.6 percent year on year.

A raft of China's 2014 economic figures unveiled on Tuesday by the National Bureau of Statistics shows per capita disposable income of all residents was 20,167 yuan.

The CPI for the whole country rose 2 percent, below the government's target of 3.5 percent.