The income of urban and rural residents in Guiyang, capital of Southwest China's Guizhou province, steadily rebounded in the first half of this year.
The per capita disposable income of urban residents was 25,314 yuan ($3,511), a year-on-year increase of 4.3 percent, while the per capita disposable income of rural residents increased 7.7 percent to 11,270 yuan.
The city's urban-rural income ratio comes in at 2.25, which is 0.07 lower than the same period last year (2.32). This marks a further narrowing of the income gap between urban and rural residents.
During this period, the income growth rate for urban and rural residents was aligned with the city's GDP growth. The growth rate of urban residents' income was 1.2 percentage points lower than the GDP growth rate, while the growth rate of rural residents' income was 2.2 percentage points higher than the GDP growth rate.
The growth rate of Guiyang's per capita disposable income for urban residents is higher than the provincial average by 0.4 percentage points, ranking first in the province.
While the growth rate for Guiyang's per capita disposable income for rural residents was lower than the provincial average, its actual value of 11,270 yuan is 4,814 yuan higher than the provincial average (6,456 yuan).