The average monthly pay in China varies from 7,410 Yuan (USD 1,145) to 1,31,000 Yuan (USD 20,245) — with 7,410 Yuan being the lowest salary and 1,31,100 Yuan being the highest salary.
Breakdown of annual middle class household income in China 2021-2022. As of January 2022, the largest share of Chinese middle-class families had an annual income of between 100 thousand and 300 thousand yuan per year. According to the same survey, almost 90 percent of respondents have at least one child.
Avg. Base Salary (USD)
Beijing China pays an average salary of $383,196 and salaries range from a low of $338,035 to a high of $434,764.
The average McDonald's salary ranges from approximately $28,720 per year for a Cashier to $421,078 per year for a Chief Executive Officer.
With the exception of entertainment, the cost of living in China is cheaper than in the U.S. and western European countries. Housing is affordable. Transportation is cheap and easy to come by. Healthcare costs can vary, depending on whether you want an expat doctor or a local medical team.
According to a survey about Chinese women's workplace, the average monthly income of the female respondents in 2022 reached 8,545 yuan, about 12 percent lower than the monthly salary of the male respondents. In the previous year, the average monthly income of female respondents was 8,138 yuan.
"To be middle class, a household of three would have an income between $40,000 and $154,000." A three-person middle-income household makes about $52,000 to $156,000 every year according to Pew's definition.
As of July 2022, the “new middle-class” has grown to represent 13.7% of the total netizen population. It's growing at 15.6% year-on-year and reached 163 million this year.
It then goes on to describe those middle income Australians as individuals earning between $120,000 and $160,000 a year.
Lower-income class refers to households with income below 75% of the median national income. Middle-income class refers to households with income between 75% and 200% of the median national income.
Many set their sights even higher. An annual income of $1 million or more was the most popular answer, with 22% of respondents saying they need to rake in seven figures to feel rich.
In August 2022: Median employee earnings was $1,250 per week, an increase of $50 since August 2021 (4.2%).
In China, like in other Asian nations like Vietnam and Indonesia, the minimum wage varies by city. A monthly or hourly rate of pay may also be used to determine a salary. Around RMB 24,000 ($3,700) per month is a fair pay for an expat in China.
The answer is yes, foreigners are allowed to purchase property in China! The essential requirement is that you have studied or worked in China for at least one year on a residence permit. Foreigners are allowed to only own one residential property for dwelling purposes.
There are 113 billionaires in Shenzhen, compared with 110 in New York, while London came in fifth with 101. The growing concentration of wealth isn't news to people in Shenzhen, which added eight billionaires since last year.
CEO or Chef Executive Officer is among the highest paying job in China.
New workers will be offered a salary of 30 yuan ($4) per hour, according to the post.
Salary Recap
The average pay for a Factory Worker is CNY 55,615 a year and CNY 27 an hour in China. The average salary range for a Factory Worker is between CNY 42,211 and CNY 64,735. On average, a Less Than HS Degree is the highest level of education for a Factory Worker.
The median Australian adult finished 2021 with a net worth of $US273,900, making them richer than the comparable resident of any other country, according to Credit Suisse's annual global wealth report.