Used to be like that but not anymore. In high salary major cities cost of living is not much different from say Central Europe. In low wage provincial cities - yes it’s still cheap(ish) but not much money there.
@@user-rt4fw5fk3u "it’s still cheap(ish) but not much money there" it is cheap, BECAUSE (there is) not much money there; means, the sellers cant ask for more money, since the buyers dont have them
It is not low, maybe compared with high developed countries, but compared with the rest of the wolrd not, even east europe has a better cost of living.
Taught English in Anhui Province in 2010. I was paid $1000 USD per month. In the US this would be poverty wages. In China, I was a middle class earner.
Good point! Throughout the whole video, I was waiting for this point to be raised, but it never came. I wonder how many would have understood the significance of your statement.
@semanadelherrero yes, precisely. And if you consider buying power within China itself, living standards internally is probably better than many developed countries.
@@user-yc3fw6vq5n I don’t think median is the standard, but mean or average. It’s true that there’s a pretty severe skew, about 30-40 percent difference in the US.
@elomhycykushiatorwillson standard is different from country to country. Chinese government doesn't like "median", most of its published statistics only use average. Common understanding is that median value would make the government look bad, so it uses the average value to cover up the widening gap between the rich and poor.
@@pac1fic055 Median is the middle so if there are group of 10k, 20k, 30k, 50k, 100k, 700k, 800k, 80b, 90b the median is 100k appearing as though most people make 100k. Average of those will paint a different "picture" of what the "average" income is. Neither of those plots are ideal.
According to the National Bureau of Statistics of China, although Li Keqiang's statement that 'there are 600 million people with a monthly income of only 1,000 yuan' was unexpected to many, it indeed 'reflects the basic national condition' and is a stark truth.
That's called per capita disposable income...includes all citizens...not salaries of employees...Generally, only half of a country's population is employed
His statement about the 600 million pps with less than 1000 CNY, is talking about all the ppl, not only ppl in the labor age range. How much do you expect a 7 yo kid, or a 80 yo senior to earn?
@@ke2akun544 You don't represent everyone! Our company's warehouse staff only work 8 hours a day and earn a monthly income of 4000-5000 yuan, located in Xi'an!
@@ke2akun544 Chinese economy is half state-owned corporate and half private corporate, known as half socialism half capitalism. Employee from state corporate work 8 hours a day.
Very true, I am living in China since 2019 and I can say that all your infos exactly right because I have many friends that all of them can not even get salary more than 3-5k a month
Salaries in China depend on where you live. For example, Chinese who are teaching English in say Beijing, can earn ¥7,000. Obviously, IT is another field to earn a good salary.
As a Chinese American, I am happy that China was able to uplift over 800 Million Chinese out of poverty. I am proud of being Chinese and Chinese advancement in China. Great job and content Cinthia.
Yes! I’m proud of that too! You may be interested in a documentary by TVB called No Poverty Land :) It documents gov’s policies in ending extreme poverty in many areas in China. I find it very inspiring!
Cinthia, just closing the loop on my comment from your first video. First, know that your English is great. You’d have no problems in the US though if you know Spanish that would be really cool and useful too. Second, here is some unsolicited advice, decide on a mission statement for your channel. I say this because after watching your videos I am uncertain of who your target audience is or how you want your channel to grow ( if at all). I am a bit at a loss as to whom I’d share your channel with or to whom I’d recommend your channel to. Foodies? People looking for personal improvement? Travelers? All the above? Finally, more unsolicited advice. Have fun and don’t worry about unfounded criticism. You are doing good stuff, so keep it up as long as your heart is in it.
Thank you for the kind words and the great advices! ❤ I really appreciate that! And yes, I’m still finding my target audiences for this channel and navigating my TH-cam journey. Excited to see where it will take me :)) All the best to you!
@@Cinthia_Lin It maybe a blessing that you do not have a "target audience" yet. Once you tailored your reporting to this "target audience", the viewership grow fast but you may become beholding to them, which is a receipt for bias and sensationalism - the great example being English social media proponents of "China Collapses" vs "China Supreme". The domestic social media personals in your report is another example, who did cultivate huge bases, but they brought more nothingness to their audience than knowledge of real value.
@@Cinthia_Lin Hello Cinthia (Cynthia) Your Last Name must be Lam 林 (Hong Kong) ; Some comments on your Channel and Bio Info: Use Dual Info on your name Like 林 ... Unless for Safety reason you don't want to let others know; but you might have Chinese Audiences too. Chinese as the People, China as a Nation ─ Destiny/Destinations are the Products of People Creativity. People born and bound by Culture and Geography and Traditions/Languages. I don't try to generalize the People in Mainland China and other Cousins (Taiwan, Hong Kong, Singapore) ─ What I have seen/experienced an concluded that: The Chinese when the Successful Group, tend to spend Money on Western Brand Name Like Louis Vuitton, Dior, YSL etc. (Fashion) or Cosmetics Products or Personal Accessories like Apple iPhones, Watches (Swiss Made) or French Made. And or Japanese Brands Seiko ... etc. China as a Nation has advanced technology that could explore the Outer space -- The Moon and Mars explorations ─ then therefore should be able to create National Brand Names: BDY and Nio etc. (Then why many Chinese would/have bought Teslas? For what?) The Japanese and South Korean they built/build the well-known brand names and patriotically focus on their own more; of course some Japanese purchased the American/German/French Cars ... But. China as a Nation and Chinese as the People would advance further if the Country and the People would focus on meeting Consumerism and refine the Made in China Products to their best quality (QA and QC) and market them as two other Nations = Japan and South Korea. Russian at the Turn of World War II; and 1957 sent Sputnik to Outer Space ahead of USA; while at that time Japan was a Defeated Nation. By 1970, what took place = I don't have to recall/retell everyone can look up or already have read enough Books and History. My Family Ancestors from Maternal Side came from China; I wish to see the People of China Prosperous and Happy and Healthy ─ nothing more; and I know/hoped that the People of China would lead their ways to Prosperity. More I could say but ... Regards,
Thank you for posting this! I was trying to find numbers for this recently out of curiosity and kept running into that $4000ish range and it was driving me crazy.
I know the one you found, that is ridiculous, normally, depends on the city tiers, people’s salary will be effected dramatically based on where u live, and what’s your job types, but general speaking, if you are living in a small city, without a good qualification, normally you will be expecting to earn around 3-4000Rmb, and major cities, probably 5000-6000, where in Beijing, Shanghai, or the cities you foreigners can named, you probably could earn around 10,000ish,give or take,
Thank you for your interesting video, we went on a short tour of China in 1991. It was one of the most amazing and impressive countries we had been to, we went to the Great Wall and the Forbidden City, also saw the Terracotta Army and many other places. There were thousands of bicycles and few cars, I would love to see the changes now.
About 30 years ago 😯, you should re-visit China next year, the largest car market in the world. 2022 Sales Country Change #1 26,864,000 China +2% #2 13,828,337 United States -8% #3 4,367,964 India +24% #4 4,167,590 Japan -5%
I live in the center of a big city in China, so I'm always surrounded by high-income earners and extremely rich individuals, this presentation has changed my perspective. Thanks for sharing.
Of course, developing country. That’s why the government is doing a fantastic job to make everyone live high quality life even though their income is still low
Nice video. As you are saying that most young want to be influencers, I noticed that you are making videos too! Good job. Thanks for the video. Its so sad that most young college grads in china will not be able to find a high-level job. Hope things are going well for you in the current serious downturn of china's economy.
she LIVES OFF those payments paid by the american government to DEMEAN, DENOUNCE and MASS SMEARING china , Xi and the CCP , so whatever this sociopath says, you have to view it with a grain of salt !
Same here is the west, many university graduates become “burger flippers”. Even though Chinese students study much harder in general, more in stem majors.
According to CEIC data monthly average salary urban areas is the equivalent of about $1340, adjusted to median salary and for the whole country (not just urban areas), it's probably somewhere around 1000.
Japanese said there cannot sell their hgh-priced rice when theylook into the average income and compare that to Japan. But, they soon realised the wealthy layer of China has more population than the entire population in Japan. That means they can sell more high-priced rice in Chian than Japan.
China has a limit on the import of rice, and only imports some rice from Thailand, Vietnam and India. Maybe there is some rice in southeastern Africa. Considering Japan‘s difficult agricultural protection policy, China cannot export most of its agricultural products to Japan. Exporting expensive Japanese rice to China sounds like a dead end.
as someone said above, Chinese employers are cunning by giving bogus data about salary paid to workers to avoid taxation, workers get paid more in form of bonuses, so the data presented here is probably not accurate. 2nd reason, I think, this data is fabricated by the government, China needs to stay as a developing country in order to have special treatment from WTO.
My cousins husband is Chinese she meet her husband here in the Chinese company in the Philippines, I ask him why he choose to work here in the Philippines not in China he told me that the salary he received here in the Philippines is higher compare to salary wages he received in China and the cost of living here is much cheaper compare in his home country. That is why more Chinese young people like him want to work abroad.
I used to believe many people in Hong Kong were rich. As I got older, I realise, there are 2 types of people. (1) People who live rich (2) People who are really rich. The Elaboration: Many people in Hong Kong were on credit terms, while they might live in 宝马山， 跑马地 area, many of them could be in serious debt. However, their lifestyle maintained as such so in the eyes of many people, they are the "rich" people. However, things could come crashing down once their "cash flow" is no longer sustainable. That is why we sometimes hear people killing themselves or jumping off a building - this is a common practice in Hong Kong where all of a sudden "rich people" kill themselves becoz the snowball effect. In the USA, people "live happily" and "with money" all the time, while their networth is actually negative. In China, many "poor people" actually have savings of over 100k - 200k RMB (say US$20k) of family savings as a basic practice. You will be very surprised how much cash some of these "poor old lonely" old ladies in rural area could have stored 100k RMB in cash within a tin box. Chinese people just love to save money, while only spending the "overflow" of the cash. If there is no "overflows", they say they have no money. I still see a lot of the older generation of people storing cash inside a bloody jar somewhere in the kitchen. I think people overlook this.
the per capita disposable income of households household of each fifth (China in 2021) 1.Lowest 20% households: 694RMB 2.second 20% households: 1537RMB 3.third 20% households: 2421RMB 4.fourth 20% households: 3747RMB 5.highest 20% households: 7152RMB
Thank you, great discussion regarding income earning for Chinese workers, I would like to hear your explanation of the level of satisfaction,happiness levels for Chinese with their families and time devoted to sharing, doing things together, the level of derived happy times with family a very difficult theme to evaluate and difficult to explore
she is paid by the american government to appear on many social media to OPENLY DENOUNCE & DEMEAN the chinese government and the ccp and Xi , so , watch with a grain of salt, she is also a sociopath !
I have many friends and family in China so they tell me the truth as the job market is terrible nowadays so many are struggling. The income is what it is because the cost of living is way lower in the USA especially nobody has to pay Property tax in China so that helps also most do not pay any income tax while Americans pay 20-40%. But in China there is way much lower in crime as criminals get punished to the extreme which is great for those who are not criminals while there is about 10% of the US population who are criminals which is scary. So it is what it is
Crime in China is just not reported upon by the (CCP-controlled) media. China spends more on police, domestic security than the ¥2.0T it spends annually on its military. There is a reason why Chinese residences almost always have iron gates on their windows, like you see in high crime areas throughout the world.
There is a lot of false info in this video. A typical salary in China is indeed in the 3000-5000 RMB range, but to claim that making 10K a month would place you in the top 1% is simply ridiculous. 10K is a good salary for sure, but at same time it is quite realistic and achievable salary for seasoned office workers, civil servants and skilled handcraftsmen, especially in the developed coastal regions. I would say in the great Yangtze delta, home to maybe 100M people, around 10-20% of full time workers make at least 10K, the corresponding number probably much lower in the interior and on the country side. That's my observation at least prior to Covid. Just think China's car market is around 27.5M units, including around 2M BMW/Benz/Audi, if only 1% of people make 10K a month, there is no way its people could afford that many cars.
India is already the biggest economy of the world.actually a dollar is worth only eight rupees and by no means eighty rupees as the exchange rates show I have a comfortable life and my yearly expenses are only one thousand dollars that is seventy thousand rupees a year.i stay in a four room apartment and enjoy the best food Jobs are moving out of America because of bogus exchange rate.china or Mexico or India are not the culprit.
Where did you get your statistics from if you claim she is making up false information? She quoted from national statistics bureaus and university reports. You quoted what you wanted to believe as true.
Even in shanghai the minimum wage is only around 2500 rmb per month, just check the 58tongcheng shanghai, countless jobs give a salary of less than 5000 even less than 3000 , yes , some people can earn more than 10000 but mostly are bloodsucking soul destroying jobs
It's better than Indonesia, that a fresh graduate just earn $167/month salary. With a very expensive cost of living. With an average house price at the rural area among $15-20.000?
@@jkc3738I know the difference, but people with less than CNY 100,000 annual income pay next to nothing income taxes after deduction. The social securities payment isn't that much either. For most people, disposable income is 90% of their salary or other form of income.
I feel like I see a lot of folks who think 1k is middle class, which it is if you own property. Most folks don't even own a home back in their own country so in a way $1k is middle class enough till you hit retirement ($1k is for those that live outside of tier 1 cities). It's a downward spiral once a lot of folks hit a certain age. Based on a quick google search and some quick maths, 90% of Chinese folks own a home. That averages out to like 600~700 dollars in assets. Most friends I have here that make good money, will never be able to afford a home in China and will have to eventually leave. So no I don't really think $1k a month will ever be enough. I make around 9 times more than that in Shanghai and I know I'll never be able to afford a retirement in this country without my folks buying me an asset worth at least $600k in cash full since we aren't chinese.
i would say the idea of being an influencer is also probably a top " job" desire in usa as well maybe around the world where there is social media. like the old rock song - money for nothing
In 2024, the average salary in China in Chinese Yuan (CNY) is ¥22,053 per month, which, at the latest exchange rates, translates to approximately USD 3,050 per month.
Hey Chinthia, I love your videos they are super interesting and up-to-date. I was wondering if you are able to provide sources of your data and quotes more detailed in your video description. I would greatly appreciate that.
Best to also discuss what you can buy with such income. How much to travel to a white beach with 4 or 5-star resort accommodation. How much for groceries, rent etc. Also, it does not matter if you have high income if you can't enjoy it. Bad roads is one example, pot holes? No bridge across big mountains?
Hi there, thanks for the advice. I did another video on cost of living in a tier-1 city in China. Feel free to check it out: th-cam.com/video/wLXmiln-10Q/w-d-xo.htmlsi=U_PVvZZW1HVz_6mi. It would be much cheaper to live in smaller cities in China 🙂
Thank you for clarifying the facts, google is so rubbish at anything about China. We still have 49,000,000 people that are facing hunger now and it won't be fixed soon!
Thank you very much for your information based on figures and facts: here are some from Europe. A lot of French people earn, taxes paid, less than 900 euros per month (euro or dollars are the same), in China there are many people who earn 700 or 800 euros (or dollars) per month. In other words, since 2023, the prices of products Chinese are less competitive, moreover, Europe now taxes a good 20% on all Chinese products entering Europe. European manufacturers tell how they have been mistreated by China in terms of taxation,(1980/2020) many now refuse to opened factories in China, this is the situation in 2023 from the point of view of a Frenchman.
I am more interested not so much of how much / high the salary, rather pay vs cost of living - buying general items like food and daily necessities. In Western countries even if you earn $75K after tax, it is still so hard to live especially when inflation is so high now.
I have lived in both China and Europe for many years. According to my cognition, the current average salary level of Chinese people is about 3,000~5000 Yuan/month. Combined with the purchasing power of the local currency, it is roughly equivalent to the purchasing power of 1000-1500 euros in Europe (The prices in Europe 10 years ago, I don't know what the current prices are in Europe). At the same time, if you buy a house, it is more expensive in China, and if you hire labor, it is cheaper in China. I think if we Chinese try to buy a house or raise many children, the life will become very hard. Because housing prices and education costs are so high. But if you just work for your single daily life, you can live comfortably. Because the crime rate in our society is very low, the infrastructure is quite good, and many industrial products are fully competitive and the prices are not high.
In general, it costs little to live in China. If you earn $30K US/year (18,000 RMB/month) for a family 4, you have a pretty good life. Under the US guidelines, a family of four is considered impoverished if they earn $30K or less in US.
The growth of wealth in China has been much faster than any country in the last century. And the top 0.1% Is really, really rich compared to most countries. This hugr growth in wealth is economic power. Average income doesn't tell the story.
One thing you touched upon but did not dig too deep into, is the fact that a very large number of Chinese people (I want to say more than 50%) are very much into pretending to be super rich, or pretending to be hanging out with people that are filthy rich (often starting a statement with "我朋友“，“我发小”， or “我同学”, to be followed by some major statement related to wealth). Girls in Shanghai consider drivers of BMWs "poor people", net worth of 50m (USD7m) is often touted as the threshold for "middle class". Everybody's cousin or uncle appears to have a Rolls Royce or at least a G wagon. Once a dude who made over USD7m by flipping houses in Shenzhen posted on a public forum, claiming to be a useless loser (no, he is not talking about not being able to resolve pollution or war. He was complaining about not being rich). The sad part was, many people feel the same way. In another example, a guy who owned a Nissan GTR (which costs over US$200K in China) was repeated passed and ridiculed by girls for having a shitty car. This results in extremely sad -- 99.9% of Chinese people consider themselves absolute losers and feel miserable. Even if you feel content with what you have, people around you will keep reminding you that you are a loser. It's f'ed up.
I knew a retired high school teacher in Guangzhou who retirement pension is CN¥20k/m. The base monthly cost: apartment maintenance fee ¥80, electric bill, gas, water, phone, internet, cable TV, etc, total cost ¥350. Public transportation is free for senior. Medical coverage about ¥50 copay for out patients visiting, 10% copay for in patient.
In 2021, China's working population 750 million, urban working population 470 million, and rural working population 280 million Among them, 170 million urban non-private enterprise employees have an average pre-tax salary of 8903 RMB. … There are 160 million urban private enterprise employees with an average pre-tax salary of 5,240 RMB. … There are 130 million urban self-employed people , no statistics ... 10 million urban population unemployed In addition, 150million rural migrant workers is about 4600 RMB The minimum wage in all provinces across the country is about 2,000 RMB
😂😂😂😂 what a stupid recitation of data n socioeconomic facts. There's something called Purchasing Power Parity, how much you can buy with your 6k cny income, compared to rest of the world. She never speaks of it. Bs total bs.😂😂😂
What are the policies being tested or implemented to help push the flow of money again, i heard certain cities are pilot testing a policy pushed by president xi, where he said "houses are for living in, not speculation".
very true. I know quite some people in Guangzhou and surprised to know their salary is only 5000RMB per month working 6days/week.unfortunately this will still be the most cases in normal lives for quite some time.
China is the first largest economy, 25% larger than of the USA by purchasing parity, not the second one. The only metric which makes China second is the GDP in nominal prices but different economies cannot be compared by GDP in nominal prices because of the different prices, obviously. Even the same economy cannot be compared to itself year-to-year by the GDP in nominal prices because of... the different prices, obviously.
So the majority population make $200 monthly or less. And the cheapest rent in China is like $300 monthly. How on earth do they even afford housing let alone buy food? This makes me wonder what population percentage are homeless.
the data online all pointed to less than 2000usd average monthly in china tier 1 cities. somehow, within a matter of months or a year, now it's all twice as much as that, with the average becoming 4000usd or more! 😂 how did economy become this good so fast???
China's salaries will continue to drop because there is simply too many people in China. There are millions and millions of graduates. No matter how good or competent you are, there will always be someone equal or better than you. Plus, foreign investments are dropping like flies and also the neighboring countries are alot cheaper (eg. Myanmar, Indonesia,Vietnam). The region is inevitably moving towards an equilibrium. The Chinese people need to save themselves by reducing their costs, commodity prices and asset values, otherwise many will die in poverty.
what's cheaper on paper doesn't always translate to cheaper in real world term. There are still many other factors & costs other than just simply labor wage. There is a reason why china is still the major factories of the world even though there are so many much cheaper alternatives for years and years.... otherwise, those factories would just simply move to the areas you mentioned above or india years ago. Look at how cheap labor cost in niger but I doubt many wouldn't open companies there.
Foreign investment are dropping across every country in the world even in US, due to pandemic and Ukraine War. But all the pain will go away once Global South took off with De Dollarisation.
you make me laugh, the fact is salaries of west country will continue to drop becasue Chinese technology has catch up with developed country. China can supply most products that the west used to supply, the rest of the world doesn't need the expensive west products and your salary will no doubt fall
Yes you are right. I made a mistake in this video to just talk about income w/o cost. I’ve made a separate video to compare income vs cost of living (purchasing power) if you are interested :) here is the link: th-cam.com/video/wLXmiln-10Q/w-d-xo.htmlsi=s6aqNA_o6jisv2rL. Cheers
If the income of ordinary Chinese is that low, how can they afford all the super brand names like LV and Fendi? Don't they rather spend the money on something more meaningful or save up for financial emergency? I am ethnic Chinese, born in VietNam, living in Canada. I rather save the money collecting interest than spend it on super luxury brands I can live without.
@@romanceidiot Yeah, I guess so. Here in Canada, there are so many people complaining about being broke but they have no problem spending money on Starbucks, new car, vacation, super brand names items that they can live without.
Even if just 0.5 percent of Chinese population are considered as well paid or rich, it represent millions of people. That is why we in Europe (small countries) could be mistaken about living im China or India.
China has 100 million wealthy people and 400 million middle class people. This is the real situation in China. The average annual salary of the rest is generally US$10,000.
I’ve been trying to watch various channels to try to make comprehensive understanding of the world. I’ve made many videos teaching Chinese language vividly and in a funny way. I hope you can recommend my videos to those who want to learn Chinese. I hope more people can learn Chinese to get comprehensive firsthand information about China.
Ada, that's why China is a developing country but though their income is not high, their cost of living is still extremely low.
theres too many people hence so if you dont want to work theres thousands who would.
Used to be like that but not anymore. In high salary major cities cost of living is not much different from say Central Europe. In low wage provincial cities - yes it’s still cheap(ish) but not much money there.
@@user-rt4fw5fk3u "it’s still cheap(ish) but not much money there" it is cheap, BECAUSE (there is) not much money there; means, the sellers cant ask for more money, since the buyers dont have them
Decent housing is outrageously expensive in China. That fact is not consistent with your claim that the cost of living in China is "extremely low."
It is not low, maybe compared with high developed countries, but compared with the rest of the wolrd not, even east europe has a better cost of living.
Taught English in Anhui Province in 2010. I was paid $1000 USD per month. In the US this would be poverty wages. In China, I was a middle class earner.
Good point!
Throughout the whole video, I was waiting for this point to be raised, but it never came.
I wonder how many would have understood the significance of your statement.
1k is not middle class in china 2k is
The middle class in China now refers to an annual salary of around US$40,000.😂
@semanadelherrero yes, precisely. And if you consider buying power within China itself, living standards internally is probably better than many developed countries.
@@semanadelherrero $40k would be a dream for most Chinese. How the hell do i get to that level of income?
Thank you for your perspective. I love learning about China. I also enjoyed your humble, fact-based delivery of the information.
I love How Humility and Accuracy of this channel,I really admire How Humble She is
Looking at median income in addition to average is very helpful to understand the real economic situation of the population in any country.
I thought median income was the standard used for average income because everyone knows the rich people skew the mean up
@@user-yc3fw6vq5n I don’t think median is the standard, but mean or average. It’s true that there’s a pretty severe skew, about 30-40 percent difference in the US.
@elomhycykushiatorwillson standard is different from country to country. Chinese government doesn't like "median", most of its published statistics only use average. Common understanding is that median value would make the government look bad, so it uses the average value to cover up the widening gap between the rich and poor.
They couldn't get stereotypically more sus gov@@MrRight0930
@@pac1fic055
Median is the middle so if there are group of 10k, 20k, 30k, 50k, 100k, 700k, 800k, 80b, 90b the median is 100k appearing as though most people make 100k.
Average of those will paint a different "picture" of what the "average" income is.
Neither of those plots are ideal.
According to the National Bureau of Statistics of China, although Li Keqiang's statement that 'there are 600 million people with a monthly income of only 1,000 yuan' was unexpected to many, it indeed 'reflects the basic national condition' and is a stark truth.
That's called per capita disposable income...includes all citizens...not salaries of employees...Generally, only half of a country's population is employed
His statement about the 600 million pps with less than 1000 CNY, is talking about all the ppl, not only ppl in the labor age range. How much do you expect a 7 yo kid, or a 80 yo senior to earn?
600 million people are not workers, they are children, students and retired elderly people. China working force is at around 800 million people.
In the United States, living with a monthly income of 3000 US dollars is roughly equivalent to living with 5000 to 6000 RMB in China!
in the usa we work a minimum of 8 hours in china 12 hours a day
@@ke2akun544 You don't represent everyone! Our company's warehouse staff only work 8 hours a day and earn a monthly income of 4000-5000 yuan, located in Xi'an!
Speaking of purchasing power , 1 dollar = 4 RMB before 2010, right now, 1 dollar = 3 RMB or less after covid.
@@ke2akun544 Chinese economy is half state-owned corporate and half private corporate, known as half socialism half capitalism. Employee from state corporate work 8 hours a day.
@@lijackson-x6r 放屁，国企也是加班
Very true, I am living in China since 2019 and I can say that all your infos exactly right because I have many friends that all of them can not even get salary more than 3-5k a month
You can easily find a English teaching job that pays 10k for probably less than 20 hours of load per week if you are native English speaker.
😂😂😂😂😂😂😂
@@leanlifer wow that's so expensive
Salaries in China depend on where you live. For example, Chinese who are teaching English in say Beijing, can earn ¥7,000. Obviously, IT is another field to earn a good salary.
@@leanlifer Double that.
As a Chinese American, I am happy that China was able to uplift over 800 Million Chinese out of poverty. I am proud of being Chinese and Chinese advancement in China. Great job and content Cinthia.
Yes! I’m proud of that too! You may be interested in a documentary by TVB called No Poverty Land :) It documents gov’s policies in ending extreme poverty in many areas in China. I find it very inspiring!
@@Cinthia_Lin indonesian chinese here, feel happy that zuguo is getting stronger and stronger
@@Cinthia_LinYou look like a Princess 👸 Cinthia.
Kinda racist
@@Cinthia_LinIs it possible to travel in Europe 8000 rmb salary ?
Cinthia, just closing the loop on my comment from your first video.
First, know that your English is great. You’d have no problems in the US though if you know Spanish that would be really cool and useful too.
Second, here is some unsolicited advice, decide on a mission statement for your channel. I say this because after watching your videos I am uncertain of who your target audience is or how you want your channel to grow ( if at all). I am a bit at a loss as to whom I’d share your channel with or to whom I’d recommend your channel to. Foodies? People looking for personal improvement? Travelers? All the above?
Finally, more unsolicited advice. Have fun and don’t worry about unfounded criticism. You are doing good stuff, so keep it up as long as your heart is in it.
Thank you for the kind words and the great advices! ❤ I really appreciate that! And yes, I’m still finding my target audiences for this channel and navigating my TH-cam journey. Excited to see where it will take me :)) All the best to you!
@@Cinthia_Lin It maybe a blessing that you do not have a "target audience" yet. Once you tailored your reporting to this "target audience", the viewership grow fast but you may become beholding to them, which is a receipt for bias and sensationalism - the great example being English social media proponents of "China Collapses" vs "China Supreme".
The domestic social media personals in your report is another example, who did cultivate huge bases, but they brought more nothingness to their audience than knowledge of real value.
@@Cinthia_Lin Hello Cinthia (Cynthia) Your Last Name must be Lam 林 (Hong Kong) ; Some comments on your Channel and Bio Info:
Use Dual Info on your name Like 林 ... Unless for Safety reason you don't want to let others know; but you might have Chinese Audiences too.
Chinese as the People, China as a Nation ─ Destiny/Destinations are the Products of People Creativity. People born and bound by Culture and Geography and Traditions/Languages. I don't try to generalize the People in Mainland China and other Cousins (Taiwan, Hong Kong, Singapore) ─ What I have seen/experienced an concluded that: The Chinese when the Successful Group, tend to spend Money on Western Brand Name Like Louis Vuitton, Dior, YSL etc. (Fashion) or Cosmetics Products or Personal Accessories like Apple iPhones, Watches (Swiss Made) or French Made. And or Japanese Brands Seiko ... etc.
China as a Nation has advanced technology that could explore the Outer space -- The Moon and Mars explorations ─ then therefore should be able to create National Brand Names: BDY and Nio etc. (Then why many Chinese would/have bought Teslas? For what?) The Japanese and South Korean they built/build the well-known brand names and patriotically focus on their own more; of course some Japanese purchased the American/German/French Cars ... But.
China as a Nation and Chinese as the People would advance further if the Country and the People would focus on meeting Consumerism and refine the Made in China Products to their best quality (QA and QC) and market them as two other Nations = Japan and South Korea.
Russian at the Turn of World War II; and 1957 sent Sputnik to Outer Space ahead of USA; while at that time Japan was a Defeated Nation. By 1970, what took place = I don't have to recall/retell everyone can look up or already have read enough Books and History.
My Family Ancestors from Maternal Side came from China; I wish to see the People of China Prosperous and Happy and Healthy ─ nothing more; and I know/hoped that the People of China would lead their ways to Prosperity.
More I could say but ...
Regards,
@@Cinthia_LinHi. I'm from India. I really like China and Chinese people. Please help me get married to a Chinese girl.
@@Studio89Graphic You have a simplistic view of the history and society.
Thank you for posting this! I was trying to find numbers for this recently out of curiosity and kept running into that $4000ish range and it was driving me crazy.
I know the one you found, that is ridiculous, normally, depends on the city tiers, people’s salary will be effected dramatically based on where u live, and what’s your job types, but general speaking, if you are living in a small city, without a good qualification, normally you will be expecting to earn around 3-4000Rmb, and major cities, probably 5000-6000, where in Beijing, Shanghai, or the cities you foreigners can named, you probably could earn around 10,000ish,give or take,
What is the difference between yuan and rmb?@@user-rw6lp3vj5v
We have a lot of Chinese visitors here in Chiang Mai Thailand
Thank you for your interesting video, we went on a short tour of China in 1991. It was one of the most amazing and impressive countries we had been to, we went to the Great Wall and the Forbidden City, also saw the Terracotta Army and many other places. There were thousands of bicycles and few cars, I would love to see the changes now.
About 30 years ago 😯, you should re-visit China next year, the largest car market in the world.
2022 Sales Country Change
#1 26,864,000 China +2%
#2 13,828,337 United States -8%
#3 4,367,964 India +24%
#4 4,167,590 Japan -5%
I live in the center of a big city in China, so I'm always surrounded by high-income earners and extremely rich individuals, this presentation has changed my perspective. Thanks for sharing.
Of course, developing country. That’s why the government is doing a fantastic job to make everyone live high quality life even though their income is still low
Nice video. As you are saying that most young want to be influencers, I noticed that you are making videos too! Good job. Thanks for the video. Its so sad that most young college grads in china will not be able to find a high-level job. Hope things are going well for you in the current serious downturn of china's economy.
she LIVES OFF those payments paid by the american government to DEMEAN, DENOUNCE and MASS SMEARING china , Xi and the CCP , so whatever this sociopath says, you have to view it with a grain of salt !
Same here is the west, many university graduates become “burger flippers”. Even though Chinese students study much harder in general, more in stem majors.
@@timchen4397 are you saying that IN THE WEST the chinese students are discriminated in jobs in the area of STEM majors ?
@@timchen4397 Hello, can you tell me more about it, please? thanks
According to CEIC data monthly average salary urban areas is the equivalent of about $1340, adjusted to median salary and for the whole country (not just urban areas), it's probably somewhere around 1000.
Japanese said there cannot sell their hgh-priced rice when theylook into the average income and compare that to Japan. But, they soon realised the wealthy layer of China has more population than the entire population in Japan. That means they can sell more high-priced rice in Chian than Japan.
China has a limit on the import of rice, and only imports some rice from Thailand, Vietnam and India. Maybe there is some rice in southeastern Africa.
Considering Japan‘s difficult agricultural protection policy, China cannot export most of its agricultural products to Japan. Exporting expensive Japanese rice to China sounds like a dead end.
The cost of living varies a lot through the country.
of course
Chinese government start to stimulate the domestic consumption, I hope situation will slowly get better.
impossible with the amount of poor they have
How can you pay rent in Shanghai if you earn less than 1000usd ? 😮
as someone said above, Chinese employers are cunning by giving bogus data about salary paid to workers to avoid taxation, workers get paid more in form of bonuses, so the data presented here is probably not accurate. 2nd reason, I think, this data is fabricated by the government, China needs to stay as a developing country in order to have special treatment from WTO.
Rent is only like 7000rmb in a tier 1 city for a 2 bedroom
Are in guangdong? I'm not chinese, but reside in shenzhen sometimes.
My cousins husband is Chinese she meet her husband here in the Chinese company in the Philippines, I ask him why he choose to work here in the Philippines not in China he told me that the salary he received here in the Philippines is higher compare to salary wages he received in China and the cost of living here is much cheaper compare in his home country. That is why more Chinese young people like him want to work abroad.
Chinese culture do not disclose true income levels. Look around you in East Asia. The figures reflect only reported income levels.
I used to believe many people in Hong Kong were rich. As I got older, I realise, there are 2 types of people. (1) People who live rich (2) People who are really rich. The Elaboration: Many people in Hong Kong were on credit terms, while they might live in 宝马山， 跑马地 area, many of them could be in serious debt. However, their lifestyle maintained as such so in the eyes of many people, they are the "rich" people. However, things could come crashing down once their "cash flow" is no longer sustainable. That is why we sometimes hear people killing themselves or jumping off a building - this is a common practice in Hong Kong where all of a sudden "rich people" kill themselves becoz the snowball effect. In the USA, people "live happily" and "with money" all the time, while their networth is actually negative. In China, many "poor people" actually have savings of over 100k - 200k RMB (say US$20k) of family savings as a basic practice. You will be very surprised how much cash some of these "poor old lonely" old ladies in rural area could have stored 100k RMB in cash within a tin box. Chinese people just love to save money, while only spending the "overflow" of the cash. If there is no "overflows", they say they have no money. I still see a lot of the older generation of people storing cash inside a bloody jar somewhere in the kitchen. I think people overlook this.
Keep up the good research and reporting. Informative and helpful. You speak super well.
the per capita disposable income of households
household of each fifth (China in 2021)
1.Lowest 20% households: 694RMB
2.second 20% households: 1537RMB
3.third 20% households: 2421RMB
4.fourth 20% households: 3747RMB
5.highest 20% households: 7152RMB
Thank you, great discussion regarding income earning for Chinese workers, I would like to hear your explanation of the level of satisfaction,happiness levels for Chinese with their families and time devoted to sharing, doing things together, the level of derived happy times with family a very difficult theme to evaluate and difficult to explore
In fact, she knows very few about in China. China is really big. If you want to learn, the best way is to travel to China for different positions.
she is paid by the american government to appear on many social media to OPENLY DENOUNCE & DEMEAN the chinese government and the ccp and Xi , so , watch with a grain of salt, she is also a sociopath !
@@yangyun4412You got it. I'm also Chinese too btw, was in Shanghai.
@@Harthorn 我现在在彭浦 ....瘊子 在哪？你在哪里拿2100元工资？🤣🤣
@@jkc3738 应该是监狱吧
I have many friends and family in China so they tell me the truth as the job market is terrible nowadays so many are struggling. The income is what it is because the cost of living is way lower in the USA especially nobody has to pay Property tax in China so that helps also most do not pay any income tax while Americans pay 20-40%. But in China there is way much lower in crime as criminals get punished to the extreme which is great for those who are not criminals while there is about 10% of the US population who are criminals which is scary. So it is what it is
Crime in China is just not reported upon by the (CCP-controlled) media. China spends more on police, domestic security than the ¥2.0T it spends annually on its military.
There is a reason why Chinese residences almost always have iron gates on their windows, like you see in high crime areas throughout the world.
I suspect that most people who want to be "influencers" will end up disappointed in the long run.
There is a lot of false info in this video. A typical salary in China is indeed in the 3000-5000 RMB range, but to claim that making 10K a month would place you in the top 1% is simply ridiculous. 10K is a good salary for sure, but at same time it is quite realistic and achievable salary for seasoned office workers, civil servants and skilled handcraftsmen, especially in the developed coastal regions. I would say in the great Yangtze delta, home to maybe 100M people, around 10-20% of full time workers make at least 10K, the corresponding number probably much lower in the interior and on the country side. That's my observation at least prior to Covid. Just think China's car market is around 27.5M units, including around 2M BMW/Benz/Audi, if only 1% of people make 10K a month, there is no way its people could afford that many cars.
India is already the biggest economy of the world.actually a dollar is worth only eight rupees and by no means eighty rupees as the exchange rates show
I have a comfortable life and my yearly expenses are only one thousand dollars that is seventy thousand rupees a year.i stay in a four room apartment and enjoy the best food
Jobs are moving out of America because of bogus exchange rate.china or Mexico or India are not the culprit.
Where did you get your statistics from if you claim she is making up false information? She quoted from national statistics bureaus and university reports.
You quoted what you wanted to believe as true.
Even in shanghai the minimum wage is only around 2500 rmb per month, just check the 58tongcheng shanghai, countless jobs give a salary of less than 5000 even less than 3000 , yes , some people can earn more than 10000 but mostly are bloodsucking soul destroying jobs
The data she used is indeed not from the China Bureau of Statistics, but fake news circulated in 2019.
It's better than Indonesia, that a fresh graduate just earn $167/month salary. With a very expensive cost of living. With an average house price at the rural area among $15-20.000?
A very nice message towards the end. All work is important and should be treated with respect 👍
disposable income per capita ......China: 37000RMB/year..Poland 42000RMB/year ...Malaysia: 34000rmb/year ...Japan 92000RMB/year ..Brazil 29000RMB/year
Yeah, these figures make more sense. At least of city residents in China.
@@leanlifer No, this is data covering all 1.4 billion Chinese people.... Disposable income and employee salary are two different concepts.
@@jkc3738I know the difference, but people with less than CNY 100,000 annual income pay next to nothing income taxes after deduction. The social securities payment isn't that much either. For most people, disposable income is 90% of their salary or other form of income.
I feel like I see a lot of folks who think 1k is middle class, which it is if you own property. Most folks don't even own a home back in their own country so in a way $1k is middle class enough till you hit retirement ($1k is for those that live outside of tier 1 cities). It's a downward spiral once a lot of folks hit a certain age. Based on a quick google search and some quick maths, 90% of Chinese folks own a home. That averages out to like 600~700 dollars in assets. Most friends I have here that make good money, will never be able to afford a home in China and will have to eventually leave. So no I don't really think $1k a month will ever be enough. I make around 9 times more than that in Shanghai and I know I'll never be able to afford a retirement in this country without my folks buying me an asset worth at least $600k in cash full since we aren't chinese.
i would say the idea of being an influencer is also probably a top " job" desire in usa as well maybe around the world where there is social media. like the old rock song - money for nothing
Yes median income is better - although any figures from China should be taken with a grain of salt...
You mean just like the amount of America's debt, the true amount of debt is actually much higher than the often stated figure.
@@Storm4155 and the US inflation and unemployment figures are an insult to truth as well.
In 2024, the average salary in China in Chinese Yuan (CNY) is ¥22,053 per month, which, at the latest exchange rates, translates to approximately USD 3,050 per month.
你信吗？哈哈哈，这是我听过最好笑的笑话
Hey Chinthia, I love your videos they are super interesting and up-to-date. I was wondering if you are able to provide sources of your data and quotes more detailed in your video description. I would greatly appreciate that.
Best to also discuss what you can buy with such income. How much to travel to a white beach with 4 or 5-star resort accommodation. How much for groceries, rent etc.
Also, it does not matter if you have high income if you can't enjoy it. Bad roads is one example, pot holes? No bridge across big mountains?
Hi there, thanks for the advice. I did another video on cost of living in a tier-1 city in China. Feel free to check it out: th-cam.com/video/wLXmiln-10Q/w-d-xo.htmlsi=U_PVvZZW1HVz_6mi. It would be much cheaper to live in smaller cities in China 🙂
Thank you for clarifying the facts, google is so rubbish at anything about China. We still have 49,000,000 people that are facing hunger now and it won't be fixed soon!
Well-balanced analysis of China's outlook in the youth. The furure of optimism always looks darker if we look closer.
Thank you very much for your information based on figures and facts:
here are some from Europe. A lot of French people earn, taxes paid, less than 900 euros per month (euro or dollars are the same),
in China there are many people who earn 700 or 800 euros (or dollars) per month.
In other words, since 2023, the prices of products Chinese are less competitive, moreover, Europe now taxes a good 20% on all Chinese products entering Europe.
European manufacturers tell how they have been mistreated by China in terms of taxation,(1980/2020)
many now refuse to opened factories in China, this is the situation in 2023 from the point of view of a Frenchman.
I am more interested not so much of how much / high the salary, rather pay vs cost of living - buying general items like food and daily necessities. In Western countries even if you earn $75K after tax, it is still so hard to live especially when inflation is so high now.
I have lived in both China and Europe for many years. According to my cognition, the current average salary level of Chinese people is about 3,000~5000 Yuan/month. Combined with the purchasing power of the local currency, it is roughly equivalent to the purchasing power of 1000-1500 euros in Europe (The prices in Europe 10 years ago, I don't know what the current prices are in Europe). At the same time, if you buy a house, it is more expensive in China, and if you hire labor, it is cheaper in China.
I think if we Chinese try to buy a house or raise many children, the life will become very hard. Because housing prices and education costs are so high. But if you just work for your single daily life, you can live comfortably. Because the crime rate in our society is very low, the infrastructure is quite good, and many industrial products are fully competitive and the prices are not high.
Is it possible to travel in Europe 8000 rmb salary?
thanks for speaking out . cheers
In general, it costs little to live in China. If you earn $30K US/year (18,000 RMB/month) for a family 4, you have a pretty good life. Under the US guidelines, a family of four is considered impoverished if they earn $30K or less in US.
Thank you for being realistic
Great video with good unbiased research info. Microphone could use an upgrade since it lack clarity. Upgrade/adjustment would give a stronger voice.
The growth of wealth in China has been much faster than any country in the last century. And the top 0.1% Is really, really rich compared to most countries. This hugr growth in wealth is economic power. Average income doesn't tell the story.
You are wrong.....disposable income is after-tax income divided by household size
Usual practice in China statistics.
@@joeybacker8429 You can take some basic economics courses... This is as common an economic term as GDP
I think every country have a same problem about inquality income.
In other countrys are protests about it.
@@joeybacker8429
Yes, protests are rampant in the west, their greedy leaders pretended not to hear and are laughing all the way to the bank.
@@joeybacker8429in the communist country,people fear the government,the party😅😅😅,i can’t protest 🪧 😢😢😢
Good job Cinthia. You cover this issue very well 🙂👍
One thing you touched upon but did not dig too deep into, is the fact that a very large number of Chinese people (I want to say more than 50%) are very much into pretending to be super rich, or pretending to be hanging out with people that are filthy rich (often starting a statement with "我朋友“，“我发小”， or “我同学”, to be followed by some major statement related to wealth).
Girls in Shanghai consider drivers of BMWs "poor people", net worth of 50m (USD7m) is often touted as the threshold for "middle class". Everybody's cousin or uncle appears to have a Rolls Royce or at least a G wagon.
Once a dude who made over USD7m by flipping houses in Shenzhen posted on a public forum, claiming to be a useless loser (no, he is not talking about not being able to resolve pollution or war. He was complaining about not being rich). The sad part was, many people feel the same way. In another example, a guy who owned a Nissan GTR (which costs over US$200K in China) was repeated passed and ridiculed by girls for having a shitty car.
This results in extremely sad -- 99.9% of Chinese people consider themselves absolute losers and feel miserable.
Even if you feel content with what you have, people around you will keep reminding you that you are a loser.
It's f'ed up.
China GDP per capita in 2023 is about US$12,150 (About US$1012.50/month) which is good but not that high.
How to explain 40% of Chinese families own a car.
23 million cars are sold every year for last 10 years, that more than USA, Japan and EU combined.
I knew a retired high school teacher in Guangzhou who retirement pension is CN¥20k/m.
The base monthly cost: apartment maintenance fee ¥80, electric bill, gas, water, phone, internet, cable TV, etc, total cost ¥350.
Public transportation is free for senior.
Medical coverage about ¥50 copay for out patients visiting, 10% copay for in patient.
China is the greatest country in the world to live in. It's simply flawless
Every young adult Chinese has exspenive smartphone, especially iPhone. That means they spend a month of their salary to buy a phone?
We need to know what various jobs earn
Eg a basic teacher
A Nurse
A truck driver
A factory worker
In 2021, China's working population 750 million, urban working population 470 million, and rural working population 280 million
Among them, 170 million urban non-private enterprise employees have an average pre-tax salary of 8903 RMB. …
There are 160 million urban private enterprise employees with an average pre-tax salary of 5,240 RMB. …
There are 130 million urban self-employed people , no statistics ...
10 million urban population unemployed
In addition, 150million rural migrant workers is about 4600 RMB
The minimum wage in all provinces across the country is about 2,000 RMB
This is very insightful. Thanks
So on average and more realistic estimate will be about $300-400. Second largest economy in the world...unbelivable!
😂😂😂😂 what a stupid recitation of data n socioeconomic facts. There's something called Purchasing Power Parity, how much you can buy with your 6k cny income, compared to rest of the world. She never speaks of it. Bs total bs.😂😂😂
❤❤❤
Typically sponsored by NED😂
What are the policies being tested or implemented to help push the flow of money again, i heard certain cities are pilot testing a policy pushed by president xi, where he said "houses are for living in, not speculation".
very true. I know quite some people in Guangzhou and surprised to know their salary is only 5000RMB per month working 6days/week.unfortunately this will still be the most cases in normal lives for quite some time.
5000 per month in local currency is normal in ASEAN countries
aint it is less than a delivery boy earns in gz?
5000rmb is not a normal income, maybe it’s lower class’s income
Is it possible to travel in Europe 8000 rmb salary ?
So, how could they afford 30% of the world’s luxury goods? They also produce the most tourist in the world?
Because China has a big population..?
You need to recalculate these figures in ppp. Prices in us and china are totally different!
I immediately came after watching a SerpentZA video claiming Chinese people made 500$ a year.
China is the first largest economy, 25% larger than of the USA by purchasing parity, not the second one. The only metric which makes China second is the GDP in nominal prices but different economies cannot be compared by GDP in nominal prices because of the different prices, obviously. Even the same economy cannot be compared to itself year-to-year by the GDP in nominal prices because of... the different prices, obviously.
You do well, there is so many details about China that are not understood well.
Live within your mean everything will be fine and happy
is there a filter being used? the visuals look very very odd. im sorry but yea...
So the majority population make $200 monthly or less.
And the cheapest rent in China is like $300 monthly.
How on earth do they even afford housing let alone buy food? This makes me wonder what population percentage are homeless.
Wow.. cool...so I know real average /capita in China all this time. Thank so much...same in my country Indonesia...enough low for life /day - sad 😢
I watch this because of Cynthia cuteness
Very valuable content; I subscribed.
the data online all pointed to less than 2000usd average monthly in china tier 1 cities.
somehow, within a matter of months or a year, now it's all twice as much as that, with the average becoming 4000usd or more! 😂
how did economy become this good so fast???
i love how calm your voice is
China's salaries will continue to drop because there is simply too many people in China. There are millions and millions of graduates. No matter how good or competent you are, there will always be someone equal or better than you. Plus, foreign investments are dropping like flies and also the neighboring countries are alot cheaper (eg. Myanmar, Indonesia,Vietnam). The region is inevitably moving towards an equilibrium. The Chinese people need to save themselves by reducing their costs, commodity prices and asset values, otherwise many will die in poverty.
what's cheaper on paper doesn't always translate to cheaper in real world term. There are still many other factors & costs other than just simply labor wage.
There is a reason why china is still the major factories of the world even though there are so many much cheaper alternatives for years and years.... otherwise, those factories would just simply move to the areas
you mentioned above or india years ago. Look at how cheap labor cost in niger but I doubt many wouldn't open companies there.
Foreign investment are dropping across every country in the world even in US, due to pandemic and Ukraine War.
But all the pain will go away once Global South took off with De Dollarisation.
China does not depend on foreign investment. It has too much cash.
you make me laugh, the fact is salaries of west country will continue to drop becasue Chinese technology has catch up with developed country. China can supply most products that the west used to supply, the rest of the world doesn't need the expensive west products and your salary will no doubt fall
Rich or not, alone in 2018 over 150 millions Chinese (about 1/3 of American population) went abroad for their sightseeing and shopping.
back with a lot of data.
i like it
It's not how much you make. It's how much you can buy with what you make,
Yes you are right. I made a mistake in this video to just talk about income w/o cost. I’ve made a separate video to compare income vs cost of living (purchasing power) if you are interested :) here is the link: th-cam.com/video/wLXmiln-10Q/w-d-xo.htmlsi=s6aqNA_o6jisv2rL. Cheers
thanks for clarifying this. Greetings from Poland
Those bullet trains must be so expensive to even ride.
Wow! You speak very good English !
very accurate, scientific and detailed job
I like your video. Please produce more, see you next time.
If the income of ordinary Chinese is that low, how can they afford all the super brand names like LV and Fendi? Don't they rather spend the money on something more meaningful or save up for financial emergency? I am ethnic Chinese, born in VietNam, living in Canada. I rather save the money collecting interest than spend it on super luxury brands I can live without.
Because they think differently from you
@@romanceidiot Yeah, I guess so. Here in Canada, there are so many people complaining about being broke but they have no problem spending money on Starbucks, new car, vacation, super brand names items that they can live without.
Hi Lin, this is from India...great video keep it up! ❤
I subscribed your channel as soon as I clicked on the video😂your videos are informative and u're very pretty😊
Thank you so much!!
Average Income Salary
Even if just 0.5 percent of Chinese population are considered as well paid or rich, it represent millions of people. That is why we in Europe (small countries) could be mistaken about living im China or India.
China has 100 million wealthy people and 400 million middle class people. This is the real situation in China. The average annual salary of the rest is generally US$10,000.
I’ve been trying to watch various channels to try to make comprehensive understanding of the world.
I’ve made many videos teaching Chinese language vividly and in a funny way. I hope you can recommend my videos to those who want to learn Chinese.
I hope more people can learn Chinese to get comprehensive firsthand information about China.
Excellent command of English in the content of delivery☝️👍
Can a psychology degree holder get a high paying job in china?
Just wondering
I love your video. It’s very informative
Is Chanel a luxury brand? I think a bag on the stall is only a few dozen CNY.
Very nice video with great sources
Hi Cinthia, you are lovelier than most K-pop stars and China's movie stars. Don't worry, I'm just an old grandmother, a nosy one LOL.
For capita par income it relatable