The per-capitadisposableincome of rural citizens was Rmb4,140 last year and there were 15m peasant farmers living in absolutepoverty, according togovernmentfigures.
Use of disposableincome account shows how households, general government and non-profit institutions serving households distribute their disposableincome between final consumption expenditures and saving.
Despite gigantic debt-fueled government transfer payments, Americans are suffering from a five-year stagnation in inflation-adjusted disposableincome, which is expected to continue into 2014.
Even urban Chinese are now being strongly encouraged by their government to plan two trips a year within China, and to spend about ten percent of their disposableincome on such travel.