In 2024, the nationwide per capita disposable income was 41,314 yuan, a nominal increase of 5.3 percent over the previous year, and the real increase of 5.1 percent after deducting price factor. In ...
This past week, data from the BEA showed personal income was improving nicely whilst consumer spending was muddling along. This is not a brand new trend but has been occurring for most of 2015. The ...
Professor of Economics and Director, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University Treasurer Jim Chalmers promised a Tax Expenditures Statement by ...