What is the average salary in China?

In 2020, an employee in the urban regions of the Chinese Jiangsu province earned around 103,600 yuan per annum on average. The national average reached about 97,400 yuan in 2020. Aside from regional discrepancies, the respective industry had a large influence on the average annual salary of employees in urban China.

What is the average salary in China in US dollars?

In China, the average monthly salary is 29,300 Yuan (Chinese Yuan), equating to USD 4,534 (US dollars) per month according to the exchange rate in July 2021.

What is a good salary in China?

A person working in China typically earns around 29,300 CNY per month. Salaries range from 7,410 CNY (lowest average) to 131,000 CNY (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

What is China's average monthly income?

According to a survey about Chinese career women, the average monthly income of the female respondents in 2020 reached 8,173 yuan, about 17 percent lower than the monthly salary of the male respondents. In the previous year, the average monthly income of the female respondents was 7,245 yuan.

How much is a house in China?

An average 80 square meter apartment within Shanghai's Inner Ring Road goes for upwards $886,000; while in the city's hinterlands it sells for around US$200,000. In Beijing, the average cost of a home of this size is roughly US$310,000.

Salaries in Beijing 2021 | How Much Do People Make in China? 北京收入调查

What is China's minimum wage?

Currently, Shanghai has the highest monthly minimum wage among 31 provinces (RMB 2,590/US$400 per month) and Beijing has the highest hourly minimum wage (RMB 25.3/US$3.9 per hour).

Is China richer than USA?

The Per capita income of the United States is 5.78 and 3.61 times higher than that of China in nominal and PPP terms, respectively. The US is the 5th richest country in the world, whereas China comes at 63rd rank.

Is healthcare free in China?

China does have free public healthcare which is under the country's social insurance plan. The healthcare system provides basic coverage for the majority of the native population and, in most cases, expats as well. However, it will depend on the region you reside in.

What's considered rich in China?

What is considered rich in China? A millionaire is defined by an individual who owns more than 10 million yuan in wealth, and a super-rich individual by someone with more than 100 million yuan in wealth. It is equivalent to approximately 0.04 U.S. dollars.

How much do factory workers in China make an hour?

Salary Recap

The average pay for a Factory Worker is CNY 54,012 a year and CNY 26 an hour in China. The average salary range for a Factory Worker is between CNY 42,155 and CNY 64,648.

What is the middle class income in China?

What is their median income? According to official data, a middle class household in China earns between RMB 25,000 (US$3,640) and RMB 250,000 (US$36,400) in a year.

How much do foreigners earn in China?

While many half-pats get by pretty well on 10,000-15,000RMB/month ($1,600-$2,400), a top-level expat may receive up to 40,000RMB/month in living stipend alone, personal driver, plus a US salary.

Does everyone in China get paid the same?

Salary and Bonuses

Salary is very secretive in China as they do not pay everyone the same. As such they don't want people discussing how much they do or do not get paid and comparing salaries etc.

Is China richer than India?

Now in 2019, China is almost 4.61 times richer than India in nominal method and 2.30 times richer in ppp method. Per capita rank of China and India is 72th and 145th, resp, in nominal. Per capita rank of China and India is 75th and 126th, resp, in ppp.

How many hours do Chinese work?

According to China's labour laws, a standard work day is eight hours-long, with a maximum of 44 hours a week. Any work beyond that requires extra pay for overtime.

How many hours do they work in China?

Working life in China is usually centred on a 40-hour week spread across five days (most often Monday to Friday). General banking hours are Monday to Friday from 8am to 5pm. A standard working day is eight hours long.

Are taxes in China High?

The Individual Income Tax in China (commonly abbreviated IIT) is administered on a progressive tax system with tax rates from 3 percent to 45 percent. As of 2019, China taxes individuals who reside in the country for more than 183 days on worldwide earned income.

Is it cheaper to live in China than US?

China: $400 – $500 per month

Rent is always one of the biggest bills that you need to pay each month. In fact, over in the USA, you probably had to put out $800 per month minimum for an apartment unless you were still living rent free with mom and dad. In China, the rent is quite affordable.

How much do English teachers make in China?

The Typical Salary for English Teachers in China

English teachers in China can expect to make between 6,000 - 16,000 RMB (currently $890 - $2,400 USD). Those teaching at an international school, however, can make up to 30,000 RMB ($4,400 USD).

Is there much crime in China?

In 2011, the reported murder rate in China was 1.0 per 100,000 people, with 13,410 murders. The murder rate in 2018 was 0.5. The reported murder rates have been criticized for under-reporting unsolved murders due to police salaries being based on the rate of solved cases.