Per capita urban disposable income in Shanghai, the nation's financial hub, hit 47,710 yuan ($7,611) last year, eclipsing Beijing to secure the first place nationwide, the Guangming Daily reported on Thursday.

 

Beijing and Shanghai are immediately followed by Zhejiang province, all three exceeding 40,000 yuan in 2014 with a growth rate of around 8.9 percent from a year earlier.

 

Gansu province in western China came in at the bottom of the list, with per capita disposable income standing at 20,804 yuan during the same period – much lower than the national average.

 

Data from the National Bureau of Statistics show that China's urban disposable income increased 6.8 percent (adjusted for inflation) year-on-year to reach 28,844 yuan, almost tripling that of rural areas during the same period.

 

The huge income gap between the country's eastern and western regions, urban and rural areas, has been a big headache of the Chinese authority.

 

Experts say income disparity comes not only from unequal opportunities, but also the cost of imbalanced distribution of resources and rent-seeking in China.

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