In 2023, Shanghai and Beijing remained the cities in China with the highest per capita disposable income for residents, exceeding 80,000 RMB ($12,559) for the first time. Additionally, cities such as Shenzhen, Guangzhou, Suzhou, Hangzhou, Nanjing, Ningbo, and Xiamen all had per capita disposable incomes exceeding 70,000 RMB ($11,032). Many county-level cities ranked equally well as sub-provincial cities. For example, Yiwu in Zhejiang province achieved a per capita disposable income of 83,954 RMB ($13,198) in 2023, a year-on-year increase of 7.3%. Not only did it top the list among county-level cities, but it also ranked second in the nation, trailing only Shanghai.