Study released on salaries of ‘middle class’
THE average middle class citizen in Beijing earns 256,016 yuan (US$39,600) a year, the highest in China, according to a research report released by the Chinese Academy of Social Sciences.
The report is about middle class people in Beijing, Shanghai and Guangzhou. The average middle class wage in Shanghai is 219,770 yuan a year, and in Guangzhou 170,037 yuan.
The average annual income of the middle class is about 200,000 yuan.
According to the report, 55 percent of people Beijing are middle class, in Shanghai it is 51 percent and Guangzhou 42.5 percent.
Citing the report, Zhang Haidong, a Shanghai University professor who participated in the research, said that more than 60 percent of middle class are home owners and more than half own cars, while 14 percent from groups below the medium strata have cars.
The majority of middle class citizens work in the private sector, the report said. An average middle class citizen reads 12 books a year, and 62 percent buy food in supermarkets.
The research compared people’s awareness of their social status today with five years ago. It was found that 40 percent of interviewees in Beijing and 61 percent in Shanghai, identify as middle class now, while it was 30 percent in Beijing, 48 percent in Shanghai half a decade ago.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.