China: number of urban households by affluency 2030

In 2018, the majority of Chinese urban households, around 135 million, were in the upper aspirant affluency class. According to McKinsey data analysis, the growth of disposable income is lifting Chinese urban households to the mass affluent class and above. By 2030, around 162 million households in China are projected to be mass affluent.

Number of urban households in China from 2010 to 2030, by affluency (in millions)

Characteristic	Global affluent	Affluent	Mass affluent	Upper aspirant	Aspirant	Lower aspirant	Poor
-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-

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Release date

July 2019

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Region

China

Survey time period

2010 and 2018

Supplementary notes

*Estimate.

One yuan equals approximately 0.15 U.S. dollars and 0.13 euros (as of December 2018).

Level of affluency based on annual household disposable income (2018 real yuan):
Global affluent: above 390,000 yuan;
Affluent: 300,000-390,000 yuan;
Mass affluent: 200,000-300,000 yuan;
Upper aspirant: 140,000-200,000 yuan;
Aspirant: 80,000-140,000 yuan;
Lower aspirant: 50,000-80,000 yuan;
Poor: below 50,000 yuan.

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