The per capita disposable income for urban residents in Harbin reached about 28,800 yuan ($4,690), up 9.3 percent year-on-year, according to a sample survey conducted by the Harbin survey team of the National Bureau of Statistics earlier this year.

The actual increase rate was 7.2 percent excluding price changes.

It included four parts, net operational income, net property income, net transferability income and salary.

The growth of per capita disposable income of urban and rural residents (yuan)

Net operational income accounts for 12.3 percent

The per capita net operational income reached 3,548.80 yuan, an increase of 9.2 percent compared with 2013.

The growth was attributed to the local government’s preferential policies on micro-to-mid-sized businesses, which increased the income of self-employed entrepreneurs. The program to replace the business tax with value-added tax (VAT) helped ease their tax burden and raise their operational income.

Net property income accounts for 7.7 percent

The per capita net property income reached 2,221.90 yuan, an increase of 5.8 percent compared with 2013, because the income from interest and rent revenue rose in 2014.

Net transferability income accounts for 21.1 percent

The per capita transferability income reached 6,073.80 yuan, up 10.1 percent year-on-year.

Four reasons could explain the increase:

First, the Ministry of Human Resources and Social Security and the Ministry of Finance increased
the pension for retired enterprise employees.

Second, the governmental departments and public institutions paid back 18 months of salaries to retired employees in past years.

Third, since October 2014, the monthly minimum subsistence allowance in the urban area reached 460 yuan, up 12.2 percent year-on-year.

Last, the central government implemented policies to increase subsidies.

Salaries account for 58.9 percent

The average salary of urban residents in Harbin was 16,971.40 yuan, a year-on-year increase of 9.5 percent.

The reasons:

First, in early 2014, the employees of Harbin’s government departments and public institutions received one extra month of salary for 2013.

Second, the salaries of government departments and public institutions have increased. And the 18 months’ back pay to the employees of the institutions played the most important part in increasing their income of salary.

Third, Harbin’s growing economy promoted the increase of enterprise salaries.