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The growth rate of income and expenditure of urban residents of Hainan Island, China in 2018 is higher than the average for China

In the first half of 2018, the urban population growth rate in Hainan was higher than the average for China, the economic development of Hainan Province is generally stable, a higher development stage provides important support for sustainable income growth of residents in our province.

According to the National Bureau of the sample survey on Hainan Island, among urban residents per capita disposable income was 16,780 yuan, an increase of 8.9% in urban residents' expenses amounted to 11,492 yuan, an increase of 13.5%, thus the growth rate of household incomes and expenditures Hainan is higher than the average for China.

Of the unit rate of growth, among urban residents per capita, the province's disposable income grew faster than the national average of one percentage point in 31 provinces and autonomous regions brought Hainan to third place in the country, per capita consumption per capita of urban residents in Hainan, the growth rate is faster than the national average of 6.7 percentage points, ranking fourth among the 31 provinces, autonomous regions and municipalities in China.

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