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Urban household number in China 2010-2030, by disposable income level

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

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Sources

In cooperation with
McKinsey
Release date

July 2019

Region

China

Survey time period

2010 and 2018

Supplementary notes

*Estimate.

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.

Note: 1 yuan equals approximately 0.15 U.S. dollars and 0.13 euros (as of December 2018).

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