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NBS: China per capita GDP over $10,000, poverty erased

China’s per capita gross domestic product averaged Yuan 72,447 ($11,190), or up 2% on year, confirming the country has been qualified as a well-off society, and it had also eliminated absolute poverty, as the living standard of all the poor people in the countryside exceeded the bottom line of Yuan 2,300/year, Mysteel Global noted from the latest release by the country’s National Bureau of Statistics (NBS).
As for urbanization, over 60% of the Chinese population are now residing in cities and townships, according to NBS' sharing on February 28. NBS usually reviews and finalizes its previous year’s series of statistics on the sectors including economy, technology, social and cultural development, and the 2020 data hold great significance as the year


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