Beijing incomes, consumption improve on policy boost

Beijing's residents are seeing higher incomes and consumption structure improvements due to policies that rolled out in the first three quarters of the year, a senior official said on Monday.

The capital's per capita disposable income in the first nine months increased 8.9 percent year-on-year to 46,426 yuan ($6,691), a result of multiple preferential policies from the municipal government, said Fang Xiaodan, spokesperson for the Beijing investigation team of the National Bureau of Statistics, during a news conference.

"The macro economy and job market in Beijing were stable during the first nine months, with GDP growth of 6.7 percent year-on-year, which has provided strong support for citizens' income increases," she said.