What is the proportion of China’s per capita income in GDP?

With the development of China in recent years, the income ratio in the mouth of "some people" has increased from 8, 11, to 22 recently. The growth rate is very rapid. The three numbers (8, 11, 22) have appeared countless times in the economic field in recent years, and have been quoted by heroes from all walks of life. They have become ironclad evidence for criticizing the government for only making cakes and not dividing them. It has also made countless Chinese people feel depressed and even angry. Among them was Ismaire, who had just entered the Internet and couldn't help but feel sad about his miserable situation. . .

But one of my problems is that I am suspicious. The more I read, the more questions and doubts I have. I started to have doubts about these numbers. . . Because it seems to be obviously inconsistent with the examples around me, after some verification, I have some thoughts on the issue of "China's per capita income to GDP ratio", and I will talk about it here today:

If To put it simply, there is a rough ratio of per capita income to GDP: in market economy countries, it is generally between 40-50. Not 100 as some people say.

This ratio is higher in countries with a higher level of economic development, and lower in countries with a lower level of economic development. Take the United States, a developed country, as an example. The latest data released by the U.S. Census Bureau in 2011 shows that the median income of American families in 2011 was US$50,054. So even if there are an average of 2 people per household in the United States (it’s hard to get any less), the per capita income is about US$25,000. Compared with the US per capita GDP of US$50,000, the GDP ratio is 50. It's probably in line with this ratio.

Looking back at China, China’s per capita GDP in 2011 was US$5,432. According to data released by the National Bureau of Statistics: (/gzdt/2012-01/20/content_2050056.htm): Urban areas in 2011 The per capita total income of residents is 23,979 yuan, of which the per capita disposable income is 21,810 yuan (after tax); in 2011, the per capita net income of rural residents nationwide was 6,977 yuan. As of 2011, China's urbanization ratio has exceeded 50%, and conservative estimates suggest that the urban and rural population ratios are basically the same. Then China's per capita income is approximately (21810 6977) divided by 2, which is 14393 yuan, which is approximately 2281 US dollars. The ratio to GDP is 41. This number is lower than that of developed countries such as the United States, but it is basically in line with the average level of developing countries.

When it comes to this, elites from all walks of life should not rush to make bricks. What needs to be emphasized here is: per capita income and per capita on-the-job wages are different. On-the-job wages are significantly higher than per capita income. The reason is simple: not everyone in a country has a job. In some Western families, only one person of a married couple works, as well as the elderly, the unemployed, and underage children. These people, who don't have jobs, will bring down the average. In some areas, on-the-job wages can reach or even exceed 100 per capita GDP.

Per capita income is by no means equal to per capita GDP, nor is it equal to the average salary on the job. The relationship between the three should be: GDP per capita ≥ average salary on the job, average salary on the job gt; per capita income.

Although some people deliberately confuse the difference, even if analyzed with common sense: the wealth generated by a country cannot be converted into national income 100%, and a considerable proportion of it must be spent on reproduction, scientific research, infrastructure, military spending and so on. . . The on-the-job wages and annual family income published by each country can often more accurately reflect the income level of each country.