In 1975 the US GDP was about $7500/yr per capita (in 2021 dollars). Today the Chinese GDP per capita is around $10k/yr (more like 19k accounting for purchasing power parity).
The 1975 US Household median income was ~$13,000 (approx $65,000-70,0000 in 2019 dollars) [0][1]
Chinese household median income is around $4,700-4,800 in 2021, with massive disparities between First world comparable regions such as Beijing, Shanghai, and Tianjin, and rust belt regions like Wuhan [2]. Even the Chinese Premier Li Keqiang has noted that 600 million Chinese earn less that $140/month [3].
This of course leads to the larger discussion about GDP per capita being a weak metric to use when analyzing regional development, but in general China is by most standards still a developing middle income country with a (relatively) small and overperforming hinterland.
Chinese household median income is around $4,700-4,800 in 2021, with massive disparities between First world comparable regions such as Beijing, Shanghai, and Tianjin, and rust belt regions like Wuhan [2]. Even the Chinese Premier Li Keqiang has noted that 600 million Chinese earn less that $140/month [3].
This of course leads to the larger discussion about GDP per capita being a weak metric to use when analyzing regional development, but in general China is by most standards still a developing middle income country with a (relatively) small and overperforming hinterland.
[0] https://www.census.gov/library/publications/1977/demo/p60-10...
[1] https://www.in2013dollars.com/us/inflation/1975?amount=1
[2] http://www.stats.gov.cn/english/PressRelease/202201/t2022011...
[3] https://www.globaltimes.cn/content/1189968.shtml