Urban employees' average salary in non-private sectors stood at 82,461 yuan in 2018, a nominal increase of 11 percent from a year earlier, data from the National Bureau of Statistics showed. Weekly income tax and salary calculation based over 52 equal payments per year as default. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP).The wage distribution is right-skewed; the majority of people earn less than the average wage.For an alternative measure, the median household income uses median instead of average China is a country in East Asia. Beijing, Shanghai and Tianjin saw their annual average salary exceeded 100,000 yuan ($14,500) in non-private sectors last year, the highest in China, according to a … [CDATA[ It was a great experience to secure jobs in cities like Beijing, Tianjin, Suzhou, Shanghai, Guangzhou, Shenzhen, etc. For example, an apartment with 100 meter square that is sold by 10million in Beijing actually has a net area of 80 meter square. Again, for the benefit of comparison, we look at how middle class households are defined in the US and South Korea. In 2019, an employee working for a non-private company or organization in urban areas of China earned around var oTime = new Date(); Car King offers a … You can change the salary period by selecting the advanced calculator. Beijing topped the annual average salary rankings in China in both the nonprivate and private sectors in 2019, according to the 21st Century Business Herald on Tuesday. Updated: 2019-07-08 15:13, Average monthly salary in major cities nears 8,500 yuan, Top 10 Chinese cities with the most job opportunities, Civil service exam: fewer vacancies, fiercer competition, Job-hopping: the new normal for millennials, Mushroom industry sprouts success for villagers in Jiangsu, Bamboo brings prosperity to farmers in Guizhou, Autonomous driving blazes new path in China, Cleaning keeps high-speed train on safe track, Cardboard furniture offers light, green designs, Premier Li stresses basic skills, craftsmanship, Basic research, people's benefits highlighted in future development, Shanghai to be financial hub for yuan-denominated assets, China tightens management of central SOEs' overseas assets, CNPC ensures sufficient gas supplies amid cold snap. The average wage is a measure of total income after taxes divided by total number of employees employed. The latest survey released by Zhaopin Limited, a leading career platform in China, has revealed the average monthly salary of 7,665 yuan, calculated by surveying 37 major cities across the nation in the first quarter of the year, increased 0.8 percent compared to the previous quarter. Pharmacist average salary difference by education level in China. Beijing, Shanghai and Tianjin saw their annual average salary exceeded 100,000 yuan ($14,500) in non-private sectors last year, the highest in China, according to a Sunday report by Economic View. 2,243 yuans 8% Computer Programmer average salary: PPP $ 1,075: … Among the 31 province-level regions, per capita disposable income of nine provinces and municipalities surpassed the national level, namely Shanghai, Beijing, Zhejiang, Tianjin, Jiangsu, Guangdong, Fujian, Shandong and Liaoning. Experienced logisticians earn up to 15,000 Yuan per month. Average Salary in China - Job and Sector Comparison. s China Income Tax and Social Insurances are calculated and returned monthly, as such the calculator is defaulted to a monthly input. Photo: AFP. Minimum Wages in China averaged 1628 CNY/Month from 2006 until 2020, reaching an all time high of 2480 CNY/Month in 2019 and a record low of 690 CNY/Month in 2006. Official Chinese calculations would assign such wealthy Chinese in the ‘high income’ bracket. By Wang Junwei | window._newsroom = window._newsroom || []; Their vehicles range from 170,000 yuan ($25,000) to 200,000 yuan ($29,000) — more double the average annual salary. South China's Guangdong Province is nearly 8,000 yuan behind Zhejiang Province and about 2,400 yuan behind Tianjin Municipality . The average altitude is 1840 m above sea level. The starting salary of a fresh graduate logistician in China is 8,000 Yuan. According to the Chinese investment bank Guotai Junan Securities, the average monthly rent per person in Shanghai in June was 2831 yuan ($412). So the actual average price should be 125,000 per meter square, not 100,000 which is adopted by this website. Urban employees' average salary in non-private sectors stood at 82,461 yuan in 2018, a nominal increase of 11 percent from a year earlier, data from the National Bureau of Statistics showed. The average wage increased considerably over the years. The average monthly salary in China varies from one city to another, but in general, it can be appealing, even in the worst-rated cities, even exceeding that of some European cities. Average prices of more than 40 products and services in China. Without written authorization from CDIC, such content shall not be republished or used in any form. Family of four estimated monthly costs: $2,679 (17,376元) Single person estimated monthly costs: $1,375 (8,918元) Cost of living in China is cheaper than in 55% of countries in Asia (6 out of 11) Cost of living in China is cheaper … Is a Master's degree or an MBA worth it? 2 - 5 Years +32%: 21,500 CNY. Prices of restaurants, food, transportation, utilities and housing are included. Copyright 1995 - Photo: Bloomberg . If you have a bachelor’s degree and a TEFL certificate but no experience, you can expect to earn $1,500 - 2,900 USD per month teaching at an after-school language training center in China. (Xinhua/Gao Han) This page provides - China Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nonetheless, the average income was still significantly higher than the median. China is divided into numerous geographical zones on its exceptionally large area. . Though women continue to earn only 81.6 percent of men's salary, it's the first time for the gender pay gap to shrink over the past three years, thanks to the growing number of well-paid female workers, a report showed. Minimum Wages in China averaged 1628 CNY/Month from 2006 until 2020, reaching an all time high of 2480 CNY/Month in 2019 and a record low of 690 CNY/Month in 2006. The average salary in Beijing was the highest at 9227 Yuan, Shanghai had the second highest at 8664 Yuan. Disposable income of Chinese residents experienced a 1.3-percent drop in the first half of this year, while the growth rate turned positive in the third quarter, the first time since the outbreak of the coronavirus. The median represents the middle salary value. Edit ; Average Monthly Net Salary (After Tax) 6,745.97 ¥ Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate : 5.13: 4.00-6.00: Prices in China. Shanghai is in first place, with an average monthly salary of 1,100 USD, followed by Beijing with 980 USD and Shenzen with 930 USD. 10 - 15 Years +19%: 34,400 CNY. Some 300 poor people have benefited from the thriving business, making an average monthly salary of about 4,000 yuan, said Ajim Mamut, head of the bakery. Nonetheless, the average income was still significantly higher than the median. We used a provincial-level consumer price index (CPI) to obtain real disposable income for different provinces across China. This area is only slightly smaller than the United States. ... Salaries And Financing. Typical Salary Progress for Most Careers. As of 2018, households in Shanghai and Beijing displayed the highest average annual income of about 68,000 yuan both, followed by Zhejiang province with 55,600 yuan. In the city of Tianjin, the monthly minimum wage will go up to 1,680 yuan from 1,500 yuan, an increase of 12 percent. 5 - 10 Years +34%: 28,800 CNY. If you’re working in China and get paid in yuan, you might find it difficult to convert your Chinese currency savings into another currency (keep your proof of payments as this might help). The National Bureau of Statistics has stated that anybody earning more than RMB 10,000 (US$1,480) a month would qualify as high-income. All rights reserved. }(document.createElement('script'), The land has a total area of 9,562,910 km² and a total coastline of 14,500 km. Average salary in China is CNY 303,987. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). The average monthly salary for new graduates fell from a peak of 4,800 yuan in 2015 to 4,000 yuan in 2017, according to Zhaopin, China’s biggest job-recruitment platform. If you are moving to China for Postdoc or jobs, you’d obviously be curious to know the average salary in China for foreigners. The average was 21,586.95 yuan, and the median was 18,371.34 yuan, suggesting that income inequality is not as severe in China as it is in the world. Indeed, the figure shows that income was significantly skewed toward a few provinces. Beijing, Shanghai and Tianjin saw their annual average salary exceeded 100,000 yuan ($14,500) in non-private sectors last year, the highest in China, … But, even in the smallest cities, it is attractive. The average monthly salary for women in China is 6,497 yuan (US$970), 78.2 per cent of a man’s wages, data collected from the platform’s registered users showed. Assumption is that any holiday pay is paid pro-rata. This page provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Calculated by deducting personal taxes from gross personal income, disposable income is the net income that can be used for consumption or saving. Average take home earning is CNY 238,182 (Net). The average starting salary for the class of 2020 at all universities was 63,480 yuan per year, according to an annual report by zhaopin.com, one of China's biggest online job-hunting platforms. Hangzhou beat out Guangzhou for the fourth spot. I had a good number of jobs in China (not an exaggeration). chinadaily.com.cn | GDP per capita in China averaged 1872.51 USD from 1960 until 2019, reaching an all time high of 8254.30 USD in 2019 and a record low of 132.10 USD in 1962. Percentage increase and decrease are relative to the previous value. This page provides - China Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar … 20+ Years +7%: 39,800 CNY. Gross Monthly Average Income (2) Compulsory Deductions (3) Airline Pilot average salary: PPP $ 3,249: $ 761: Employees, 2005. - 10 Years +34 %: 37,100 CNY Shanghai ’ s air-conditioners, 70 % of its mobile and! 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