China’s Income Distribution by Households (2015 to 2029) (% change since 2015)
2. China ranks 2nd globally in the number upper middle income 1 population is prominent. According to EIU estimates, the number of households with a disposable income of US$25,0o0 p.a. or more tripled in the last 2. Market premiumisation: The number of households with income exceeding US$35,000 pa reached 26.8million in people) in the next five years. This presents an attractive trend for operators of premium and luxury brands. China income level, followed by Germany, Japan, the UK and Source: 1. CEIC, China National Bureau of Statistis Disposal household income per capita (household income x 2.88 headcount)