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Income per capita in China grew by just 2.9 percent in real terms over 2022, after increasing by 8.1 percent a year earlier, returning to a growth rate similar to that of 2020 when China was battling COVID and introducing sweeping lockdowns and other restrictions.
Per capita spending also decreased by 0.2 percent in real terms, according to data published by the National Bureau of Statistics (NBS) in its annual statistical communique on Tuesday.
