WORTH99

CHN · Wealth benchmark

China wealth reference

2018 (2018 prices) · Historical CFPS study-sample household · CNY

Lower confidence · historical research sample

CFPS study households within a 25-province sampling frame; not complete all-jurisdiction household coverage

PUBLISHED REFERENCE

What the data can tell us

Historical CFPS study-sample average household net wealth2018 CFPS study households in the 25-province sampling frame
CNY 683,705Published average

A median or average does not reveal your percentile or rank. Partial, sample-based or tax-unit references are not national all-household wealth levels.

ROUGH REFERENCE ONLY

Compare with the published average

Compare an amount defined on the same basis as the source. This is an arithmetic comparison, not a wealth percentile, national ranking or estimate of the share of people below you.

Selected group: Location · Households in 25 provinces · Average.

Original source group

Historical CFPS study-sample average household net wealth · 2018 CFPS study households in the 25-province sampling frame · Household.

Compare this published reference with other wealth groups and places →

HOW TO READ THIS

Source and limitations

Wealth measure: Author-calculated household housing, financial, productive, durable-goods and estimated rural-land assets less household debts, expressed in 2018-price yuan

  • Historical study-sample estimate from the CFPS 25-province frame, not a census or an unqualified current national average.
  • The published figure uses provincial CPI adjustment to 2018 prices. Compare only a household amount on the same definition and 2018-CNY price basis; WORTH99 does not adjust your input for inflation.
  • The authors identify wealthy-tail undercoverage, top coding and wealth underreporting; the estimate may understate the highest wealth holdings.
  • Only the published 2018 total average is used. No median, subgroup blend, percentile curve or national ranking is reconstructed.

Source: Wenjie Hu and Tiantian Gao (2023), Sustainability 15(8), 6928, DOI 10.3390/su15086928, Table 1, 2018 Total. CC BY 4.0. WORTH99 reformats the published figure and calculates amount differences; the source amount is unchanged.

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