BEIJING — China's per capita disposable income stood at 18,463 yuan (about $2,735) in the first half of 2022, up 4.7 percent year-on-year in nominal terms, data from the National Bureau of Statistics showed on July 15.

After deducting price factors, per capita disposable income rose 3 percent from the previous year.

Separately, urban per capita disposable income came in at 25,003 yuan, up 3.6 percent in nominal terms and 1.9 percent in real terms, while per capita income in rural areas stood at 9,787 yuan, up 5.8 percent in nominal terms and 4.2 percent in real terms.

The data on July 15 also showed that China's gross domestic product expanded 2.5 percent year-on-year in the first half.