Question: What Is The Average Wage In China In US Dollars?

What is minimum wage in China in US dollars?

The minimum wage in China is set locally; ranges from RMB1,120 ($161.07) per month, or RMB10.60 ($1.52) per hour in Liaoning; to RMB2,420 ($348.02) per month, or RMB21.00 ($3.02) per hour in Shanghai.

55,000 Comorian francs ($129) per month..

What is the average salary in China?

around 90,501 yuanAverage annual salary of an employee in China 2009-2019. In 2019, an employee working for a non-private company or organization in urban areas of China earned around 90,501 yuan annually on average. That year, the year-on-year growth rate of the average salary ranged at 9.8 percent nominally and 6.8 percent real.

Is 100 yuan a lot of money?

One hundred yuan, the equivalent of about $14.50 USD, goes much further here than most other cities in the world.

What is the average wage in China 2019?

In the first three months of 2019 the average monthly salary dropped to 8,050 yuan (US$1,195) from 8,096 yuan in the fourth quarter of 2018 due to increased competition for vacancies, according to Zhaopin.com after a survey of job data on its platform covering 37 cities.

What is considered a good salary in China?

Those on salaries of 2,000 to 5,000 yuan (US$295 to US$740) a month were deemed “middle income”, while a “relatively high” monthly income was 5,000 to 10,000 yuan (US$740 to US$1,480). Anyone earning more than 10,000 yuan a month was in the “high income” group.

What is middle class income in China?

For instance, the Chinese government defines incomes ranging from $7,250 to $62,500 (RMB 60,000 to 500,000) per year as middle class. McKinsey uses a range of $11,500 to $43,000 (RMB 75,000 to 280,000) per year.

Is 15000 RMB a good salary in China?

While salaries an range widely in China based on the profession and level, the salaries for expats are quite livable. … The typical salary can range from an average of 10,000 – 15,000 RMB per month. This converts to roughly $1500 – $2200 USD per month.

What is the average income in China 2020?

In the first quarter of 2020, the median per capita disposable income was 7,109 yuan, down 0.7 percent, and the median was 83.0 percent of the average.

Is China cheap to live?

Although prices are rising, the cost of living in China still compares favorably to most industrialized countries. … Some of the lifestyle advantages of living in China include: get a housekeeper, travel every month, and enjoy frequent restaurant meals, massages, and nights on the town.

How much money do you need to live comfortably in China?

According to our data, you shouldn’t spend more than 400-600 Yuan a month. The expenses are for the entire apartment so if you live with others you should pay just a portion. You’ll also need a cell phone. In general, 100 Yuan a month should be enough (also counting the internet) but it depends on your use.

What is the most common job in China?

Top Ten Most Popular Professions for Your Job-Seeking in China Electronic information. Known as the sunrise industry, electronic information is an emerging high-tech industry. … Biotechnology. … Automobile. … Modern medicine. … Logistics. … New materials. … Environmental energy. … Management.More items…