China's resident disposable income expands faster than economy

BEIJING, July 15 (Xinhua) -- China's per capita disposable income stood at 15,294 yuan (about 2,227 U.S. dollars) in the first half of 2019, up 8.8 percent year on year in nominal terms, official data showed Monday.

The inflation-adjusted growth was 6.5 percent, 0.2 percentage points higher than the 6.3-percent growth rate for the Chinese economy from January to June, according to a statement of the National Bureau of Statistics.