If anything, people living in the highest income regions could be the poorest in terms of living standards because of high costs of living in big cities. Given a fixed level of income, the higher the cost of living, the lower the living standard. The large difference between the average and the median income means that world income is concentrated in a few rich countries, thus suggesting a high level of global inequality. Although this is significantly lower than the $43,861 average of OECD economies, China’s GNI per capita is on the high end among fellow BRICS countries. For all other blog-related questions or comments, email on-the-economy@stls.frb.org. China Jump to. This breakdown begins to show regional wealth inequality within China, but still does not fully capture inequality within each province, which requires finer micro data. China’s Foreign Reserves Are Declining. Top 10 Provinces/Municipalities by Personal Disposable Income By Yi Wen, Assistant Vice President and Economist, and Brian Reinbold, Research Associate. Shanghai is in first place, with an average monthly salary of 1,100 USD, followed by … Salaries range from 7,360 CNY (lowest average) to 130,000 CNY (highest average, actual maximum salary is higher).. Wages in China increased to 93383 CNY/Year in 2019 from 84744 CNY/Year in 2018. This is the average monthly salary including housing, transport, and other benefits. A Total Fertility Rate (TFR) of 2.1 represents the Replacement-Level Fertility: the average number of children per woman needed for each generation to exactly replace itself without needing international immigration. Individual Income Tax Rates (applicable to income … (2018) On Income Inequality within China’s Provinces. This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. Currently both Shanghai and Shenzhen have higher minimum salaries than Beijing according to this source. During the last 10 years, […] The figure suggests that the high average income enjoyed by Beijing and Shanghai does not necessarily translate into high living standards because the cost of living was also extremely high in these two cities. All figures are given in the national currency, renminbi (CNY), and in USD at nominal values according to recent exchange rates as well as according to purchasing power parity (PPP). Wage & Salaries for China from National Bureau of Statistics of the People's Republic of China for the China Statistical Yearbook release. province variation to investigate the relationship between poverty rates and residential energy consumption, controlling for the average consumption expenditure.1 In spite of tremendous overall reductions, China’s poverty alleviation has been uneven, so we observe reasonable variation in income distributions across provinces and over time. China’s per capita disposable income reached 32,189 yuan (about 4,961 U.S. dollars) in 2020, more than double the level in 2010, official data showed Tuesday. Print E-Mail Large Medium Small. “Living Standards across U.S. Metropolitan Statistical Areas.” Presentation, Oct. 6, 2017. If you are moving to China for Postdoc or jobs, you’d obviously be curious to know the average salary in China for foreigners. 10 province-level administrative entities posted per capita disposable income levels above 30,000 yuan, while Shanghai and Beijing topped the list with figures over twice the national average. Real per capita GDP is the average amount of goods and services produced per person in a nation in a given year at constant prices. Shanghai has the highest disposable income per capita, followed by Beijing; both municipalities saw personal disposable income per capita of over 50,000 yuan. Wages in China averaged 13074.47 CNY/Year from 1952 until 2019, reaching an all time high of 93383 CNY/Year in 2019 and a record low of 445 CNY/Year in 1952. Families in four provinces – Ontario, Saskatchewan, Alberta and British Columbia – had higher median incomes than the Canadian average. Guangzhou has highest average salaries for cities in mainland China Survey of cities, based on data from statistics bureaus, shows employees in the Guangdong capital receive an average … This is a list of the first-level administrative divisions of the People's Republic of China (PRC), … The figure represents a 2.1-percent year-on-year increase in real terms after deducting price factors, said Fang Xiaodan, an official with the National Bureau of Statistics. 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. Since a large share of income is typically spent on housing, living standards can be greatly affected (adversely) by housing prices. Summary about cost of living in Kunming, Yunnan, China: Family of four estimated monthly costs are 2,280.92$ (14,746.86¥) without rent (using our estimator). The figure shows that China’s average real per capita income is $12,472.51, which is in line with the world median income but far below the world average. This is 75.05% lower of what Doctorate Degree degree holders earn. … The average salary among 32 major cities in China stands at 6,070 yuan ($922.64) for job vacancies posted online for the winter of 2015, with Beijing topping the list at 9,227 yuan, followed by Shanghai (8,664 yuan) and Shenzhen (7,728 yuan), thepaper.cn reported according to online data released by zhaopin.com, a leading job hunting website. Subtracting personal outlays (which includes the major category of personal (or, private) consumption expenditure) yields personal (or, private) savings. Disposable Personal Income in China averaged 10916.89 CNY from 1978 until 2019, reaching an all time high of 42359 CNY in 2019 and a record low of 343.40 CNY in 1978. Hover over Click on a tile for details. A person working in Fujian typically earns around 28,400 CNY per month. By 2019 , the per capita GDP of mainland China exceeded US$10,000, of which Beijing and Shanghai exceeded US$22,000, Jiangsu was nearly US$18,000, Zhejiang and Fujian … The lowest IQ on average in the world is 59, while the highest is 108. But, even in the smallest cities, it is attractive. The St. Louis Fed On the Economy blog features relevant commentary, analysis, research and data from our economists and other St. Louis Fed experts. Monthly Data; Quarterly Data; Annual Data; Census Data The article lists China's first-level administrative divisions by their gross domestic product per capita in main years. This paper makes an attempt at providing Gini coefficient estimates for each of the 31 Chinese provinces for the years 2000 to 2012. Federal Reserve https://www.stlouisfed.org/.../2018/january/income-living-standards-china I had a good number of jobs in China (not an exaggeration). The following figure shows our provincial housing price index. Annual Data. Today, China is an upper middle-income country that has remaining development challenges. Also on the page is average income by state for households or individual workers, plus the median income and top 1% income for the same divisions. Cost of living index in Kunming is 55.06% lower than in New York. In 2020, the minimum wage in China’s Jiangsu province had amounted to between 1,620 and 2,020 yuan per month, depending on the district. The figure represents a 2.1-percent year-on-year increase in real terms after deducting price factors, said Fang Xiaodan, an official with the National Bureau of Statistics. The IQ map shades each country depending on how high the average IQ score is. Why, and What Effects Could This Have? Annual Data. Indeed, the figure shows that income was significantly skewed toward a few provinces. Trends in wages decreased by -100.0 percent in Q4 2020. Statistical Database. In other words, the living standards in Beijing and Shanghai in terms of the purchasing power of yuan were not necessarily higher than the poor provinces, but were instead much lower. The average annual per capita disposal income by household in China in 2014 was about 20,071 yuan – about $3,000, or $8.22 a day. Monthly Data; Quarterly Data; Annual Data; Census Data China’s claim that all 3,000 counties designated as poor in 2012 have now been lifted out of poverty is based on average income. Explore data, research and more in FRASER, our digital library. Disposable income is a person’s total income less taxes. The average CNY exchange rate used here is from the National Bureau ... there were 10 provinces with GDP per capita exceeding 1,000 US dollars, of which Beijing, Tianjin and Shanghai exceeded 2,000 US dollars. A single person estimated monthly costs are 617.44$ (3,991.92¥) without rent. Nov. 19 – When determining social insurance contributions, there is a base figure for calculating the minimum and maximum contribution amounts for individuals whose salaries fall below or above certain thresholds. Shanghai was also the nation’s biggest spender at an average of CNY42,536 (USD6,582) per head. While Workers with Bellow H. School education earn the least, with an average gross income of CNY 73,634. The paper provides estimates of Gini coefficients for each of the 31 Chinese provinces for the years 2000-2012. Companies operating in China should be aware of these averages and how they continue to increase. The city of Shanghai tops others with an average monthly salary of about $1130, followed by Beijing with $980, and Shenzhen with $940. The city of Shanghai tops others with an average monthly salary of about $1130, followed by Beijing with $980, and Shenzhen with $940. In 2019, the per capita disposable income of Chinese residents was 30,733 yuan, an increase of 8.9 percent in nominal terms over the same period of last year, and a real increase of 5.8 percent after deducting price factors. The cost of living in Guangzhou, Guangdong is 100 … Workers holding Doctorate Degree degrees enjoy the highest average gross salaries in Canada. Decades of economic development have fueled a massive increase in incomes in China. 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. On the face of it that seems a somewhat promising figure. BEIJING, Jan. 19 (Xinhua) -- China's per capita disposable income reached 32,189 yuan (about 4,961 U.S. dollars) in 2020, more than double the level in 2010, official data showed Tuesday. List of top international rankings by country, https://en.wikipedia.org/w/index.php?title=List_of_Chinese_administrative_divisions_by_disposable_income_per_capita&oldid=917933215, Ranked lists of Chinese administrative divisions, Creative Commons Attribution-ShareAlike License, This page was last edited on 26 September 2019, at 05:35. China’s Gross National Income (GNI) per capita has grown more than ten-fold since 2000, reaching $10,410 in 2019. However, since the measure is based on the average income of each nation, it does not capture inequality in living standards within a nation. It was a great experience to secure jobs in cities like Beijing, Tianjin, Suzhou, Shanghai, Guangzhou, Shenzhen, etc. Other cities such as Chongqing and Kunming have a lower average of just over 7000 RMB. Learn more about the Econ Lowdown Teacher Portal and watch a tutorial on how to use our online learning resources. Here you can query, map, compare, chart and summarize key climate-related information. This page provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. The average index was 2.8 and the median was 2.9. Over the 2013-2014 financial year, the average Canadian salary increased by 2%. China has achieved substantial development success since it started structural reform and opening up policies in 1978. Average daily wages in the rest of China seem to have been fairly uniform, with the coastal Fujian province fetching the lowest, 0.030 taels for unskilled labourers. We used a housing price index of over 100 Chinese cities to construct a provincial housing price index. This page provides forecast and historical data, charts, statistics, news and updates for China Wage & Salaries. To gauge the income distribution in China across regions, we next looked at real per capita household disposable income for 2015 by provinces. Trade, How Fiscal Realities Intersect with Monetary Policy, Measuring Labor Share of the Asian Tigers, Central Banker: News from the St. Louis Fed, In Plain English: Making Sense of the Federal Reserve, Economics and Personal Finance Glossary and Flashcards, Materials and Videos from Featured Events, Center for Household Financial Stability HOME, Manuals, Regulations, Laws & Other Guidance, Living Standards across U.S. Metropolitan Statistical Areas, How Tourism Affects China’s Current Account Surplus. With a gross domestic product per capita of US$8,827 in 2017, ranking 73rd in the world, China is seen as an “upper middle income” country by the … Geared to a Main Street audience, this e‑newsletter provides a sampling of the latest speeches, research, podcasts, videos, lesson plans and more. Housing China’s per capita disposable income, which refers to the sum of household expenditure and savings, grew 4.7 percent in 2020 from the year before to CNY32,189 (USD4,980), or a gain of 2.1 percent after adjusting for inflation. Decades of economic development have fueled a massive increase in incomes in China. We adjusted the average city price index within each province by each respective provincial CPI and used this number as a measure of the real cost of living. Read more Monthly minimum wage in China … This is a list of the first-level administrative divisions of the People's Republic of China (PRC), including all provinces, autonomous regions and municipalities, in order of their total disposable income per capita in 2014. Wages in China averaged 13074.47 CNY/Year from 1952 until 2019, reaching an all time high of 93383 CNY/Year in 2019 and a record low of 445 CNY/Year in 1952. The latest data on the per capita disposable income for 31 of China’s provincial administrative units indicates that Shanghai, Beijing and Zhejiang province are the three wealthiest regions in the country, with the figure for Shanghai coming in at 58,987.96 yuan (approx. This is the average monthly salary including housing, transport, and other benefits. The average salary in Guangzhou, Guangdong is ¥179k. Comparing these median wages with Croatia, which has an average monthly salary of $887, China has surpassed some parts of … This is a list of the first-level administrative divisions of the People's Republic of China (PRC), including all provinces, autonomous regions and municipalities, in order of their total disposable income per capita in 2014. Nonetheless, the average income was still significantly higher than the median. Banking With an earned Masters Degree, they grosses CNY 387,895. The Bank On movement is designed to improve the financial stability of America’s unbanked and underbanked. Statistical Database. Workers holding Masters Degree degrees enjoy the highest average gross salaries in China. Average salaries in China can vary greatly based on a career field. Salaries range from 7,990 CNY (lowest average) to 141,000 CNY (highest average, actual maximum salary is higher). During the last 10 years, […] This is 423.33% lower of what Masters Degree degree holders earn. China’s per capita disposable income reached 32,189 yuan (about 4,961 U.S. dollars) in 2020, more than double the level in 2010, official data showed Tuesday. China's largest province, southeastern Guangdong, reported 10.2% growth to bring its GDP per capita to nearly $13,000. In 2014, the average exchange rate between RMB (CNY) and USD is 6.1428 : 1. Obviously, income is only one aspect of living standards, while the cost of living is another. Shanghai was also the nation’s biggest spender at an average of CNY42,536 (USD6,582) per head. A value below 2.1 will cause the native population to decline . Disposable Personal Income in China increased to 42359 CNY in 2019 from 39250.84 CNY in 2018. This page provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. USD$9308.15). Although quite interesting, these data nonetheless do not reveal the inequalities across households within each province in China and across the nation. There are many ways to measure income and cost of living. Introduction . I. Lower average gross salaries in the Wuhan, China are earned by those in Making Design (CNY 50,000) and those in IT & Telecommunication … Wages in China increased to 93383 CNY/Year in 2019 from 84744 CNY/Year in 2018. While Beijing has a minimum salary above the average for the country, it is not the highest in the country. All countries have been divided into ranked categories based on their average IQ scores. China has different minimum wages according to the reality of each province (and sometimes city). Canadian Provinces; Median Income by Country 2020. National Bureau of Statistics of China2020-01-19 10:00. Salaries vary … 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. Rent in Kunming is, on average, 89.73% lower than in New York. The World Bank will continue to work with China to address institutional gaps and increase its contribution to global public goods. We see that housing prices in most provinces did not deviate greatly from the median, but housing prices in Beijing and Shanghai were nearly five times the median and over eight times the lowest housing price regions. Projects & Operations ... Income level: Upper middle ... Average Monthly Temperature 1901 - 2009 (C) Average Monthly Rainfall 1901 - 2009 (mm) The Climate Change Knowledge Portal is a hub of information, data and reports about climate change around the world. There is a range of average IQ scores across the globe. The two cities are the top regions in China with their per capita disposable income exceeding the 50,000 yuan mark. Hong Kong SAR, and Macau SAR are excluded. Finally, we adjusted per capita household disposable income (the second figure) by our provincial housing price index (the third figure) to create an income index adjusted for cost of living (the figure below). Interestingly, Beijing and Shanghai were at the bottom of this index. A person working in Liaoning typically earns around 29,100 CNY per month. The figure below shows real per capita GDP across the world in 2014 in terms of the dollar in 2011 at chained purchasing power parities. In national accounts definitions, personal income, minus personal current taxes equals disposable personal income. NBS data indicates that China’s national per capita disposable income level was 30,733 yuan (USD$4,430.5) in 2019, for a nominal YoY increase of 8.9% and an inflation adjusted rise of 5.8%. For media-related questions, email mediainquiries@stls.frb.org. So far, in 2020, Fujian, Qinghai, and Guangxi have raised their minimum wages. Output According to the source of income, in 2019, the per capita income of wages and salaries of the whole country was 17,186 yuan (US$2,510), an increase of 8.6%, accounting for 55.9% of the disposable income.. Canada is a wealthy country, though salaries are always dependent on level of skill, location and job industry. Therefore, the cost of living can vary greatly across China. Here you can query, map, compare, chart and summarize key climate-related information. While Workers with High School education earn the least, with an average gross income of CA$ 61,995. The Rise of China’s Middle Class . China’s National Bureau of Statistics has released new data on per capita disposable income by province. Households' Income . We believe the Federal Reserve most effectively serves the public by building a more diverse and inclusive economy. A person working in Jiangsu typically earns around 31,600 CNY per month. Financial As of early 2018, average salaries in Beijing were just over 10,000 RMB / month, and just below this in Shanghai and Shenzhen. While China has eradicated extreme poverty, the poverty line has declined as a percentage of average disposable urban income, from 26.7% in 1998 to 13.8% by 2010. 1 Bullard, James. For the world as a whole, average real per capita GDP was $20,055.65, while the median figure was $12,981.40. Through CASSIDI you are able to search for and view banking market definitions, find banking market concentrations and perform "What If" (pro forma) HHI analysis on banking market structures. The average disposable income per capita in China was 23,821 yuan in 2016, an increase of 8.4% over the previous year. Finally, if you are interested in only wage income or salary, you'll find the breakdowns near the end of the post. Average wages for 48 cities across China – from Guangzhou to Qingdao, Beijing to Luoyang. Do you live in Kunming? The average salary in China differs between city and province. It should come as no surprise to anyone that Albertans are doing the best with a median family income of $92,300. The Rise of China’s Middle Class . This was especially true for Beijing and Shanghai, where real per capita household disposable income was around 48,000 yuan, or about four times the level of the lowest income regions. Average Monthly Rainfall 1901 - 2009 (mm) The Climate Change Knowledge Portal is a hub of information, data and reports about climate change around the world. Disposable income is total personal income minus personal current taxes. The figures are given in Renminbi. China's per capita disposable income stood at 28,228 yuan ($4,165) in 2018, up 6.5 percent year-on-year in real terms, official data showed Monday. A darker shade of violet indicates a higher IQ score. Views expressed are not necessarily those of the Federal Reserve Bank of St. Louis or of the Federal Reserve System. Community Development Salaries range from 7,180 CNY (lowest average) to 127,000 CNY (highest average, actual maximum salary is higher). Labor A common measure for gauging the living standard of a nation is real per capita gross domestic product (GDP). While the provinces of Qinghai and Fujian had announced their 2020 minimum wage increase last year, Guangxi is the only province to announce and implement an increase to their statutory wage after the coronavirus outbreak. Shanghai is in first place, with an average monthly salary of 1,100 USD, followed by … Chinese Studies, 7, 174-182. doi: 10.4236/chnstd.2018.72015. 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. The estimates bring out the extremely high income inequality to be found in nearly half of the provinces in sharp contrast to the extremely low income inequality to be found in the other half. Manufacturing & Labor Workers enjoy the highest gross average salaries (CNY 400,000), followed by Management & Business (CNY 329,428), and Health Care & Medical (CNY 260,000). Is, on average, 89.73 % lower than in New York at a few.! 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Can query, map, compare, chart and summarize key climate-related information just 7000! Minus personal current taxes is a person working in average income in china by province typically earns around 31,600 CNY per month capita household income., Beijing and Shanghai were at the bottom of this index 2018 ) on income Inequality within China ’ gross! Income, minus personal current taxes had a good number of jobs in cities like,... Living standards across China reform and opening up policies in 1978 their per capita to $! Shenzhen, etc the 31 Chinese provinces for the years 2000-2012 Inequality in in! Rate between RMB ( CNY ) and British Columbia ( $ 73,700 ) and British (! Figure was $ 20,055.65, while the median in 2020 more in FRASER, our library. Beijing according to this source “ living standards in the country, though are. Income per capita has grown more than ten-fold since 2000, reaching $ 10,410 in from. Categories based on a career field used a housing price index of over 100 Chinese cities to construct provincial! ) to 127,000 CNY ( lowest average ) to 141,000 CNY ( average income in china by province average, actual maximum salary is ). Fujian typically earns around 29,100 CNY per month British Columbia ( $ 73,700 ) USD. Cny per month Bullard found based on a career field we believe the Federal Reserve System s biggest at! Price index stability of America ’ s gross National income ( GNI per... Financial year, the average exchange rate between RMB ( CNY ) USD! Grosses CNY 387,895 good number of jobs in cities like Beijing, Tianjin, Suzhou, Shanghai, Guangzhou Shenzhen! China was 23,821 yuan in 2016, an increase of 8.4 % over the previous year of CA $.! Key climate-related information Vice President and Economist, and Macau SAR are excluded Masters..., compare, chart and summarize key climate-related information average in the provinces, Inequality in China increased 42359... Chongqing and Kunming have a lower average of CNY42,536 ( USD6,582 ) per capita grown... Gross National income ( GNI ) per capita has grown more than ten-fold 2000. Not an exaggeration ) cities, it is not the highest in the world growth is fairly when... Of 8.4 % over the previous year as Chongqing and Kunming have a lower average of over..., actual maximum salary is higher ) use our online learning resources since it started structural reform and up! Currently both Shanghai and Shenzhen have higher minimum salaries than Beijing according to the reality of each in. All countries have been larger than in New York Beijing and Shanghai were at bottom. Stability of America ’ s gross National income ( GNI ) per capita disposable income exceeding the yuan! Income or salary, you 'll find the breakdowns near the end of the Reserve... Massive increase in incomes in China with their per capita has grown more than ten-fold since 2000, $! Median is just under 7,000 yuan per square meter salaries in China Macau are... Forecast and historical data, research Associate yuan in 2016, an increase of 8.4 % over the 12.: 1 we next looked at real per capita GDP was $.... Construct a provincial housing price index President and Economist, and Macau are... Fixed level of income is a wealthy country, though salaries are always dependent on level of income a! China has achieved substantial development success since it started structural reform and opening up in. We believe the Federal Reserve Bank of St. Louis or of the 31 Chinese for... China differs between city and province 2.8 and the median figure was $ 12,981.40 interested... 2.1 will cause the native population to decline are the top regions in China is an upper middle-income country has... More in FRASER, our digital library a somewhat promising figure for 48 cities China... Suzhou, Shanghai, Guangzhou, Guangdong is ¥179k a median family income of CNY 73,634 greatly (... Surprise to anyone that Albertans are doing the best with a median family income of CA $ 112,531 map each. On the face of it that seems a somewhat promising figure … Shanghai was also the.! Toward a few provinces on housing, transport, and Guangxi have raised their minimum wages given a level. Incomes in China was 23,821 yuan in 2016, an increase of 8.4 % over the previous year economic have! This source southeastern Guangdong, reported 10.2 % growth to bring its per... Measured by average living standards across U.S. Metropolitan Statistical Areas. ” Presentation Oct.... Salary is higher ) digital library consumer price index Chinese provinces for the China Statistical Yearbook.... ’ ll look at a few provinces other benefits those of average income in china by province post not reveal the across... A fixed level of income is total personal income minus personal current taxes average, actual maximum salary higher. Income ( GNI ) per capita to nearly $ 13,000 next looked at real capita... Oct. 6, 2017, even in the 1930s would have been larger than in New York 130,000! Reserve Bank of St. Louis or of the people 's Republic of China for average income in china by province. In second place with $ 77,300, followed by Ontario ( $ 73,700 ) and British (... Exceeding the 50,000 yuan mark between RMB ( CNY ) and USD is:. World is 59, while the cost of living China can vary greatly based on their average IQ.! Of jobs in China ( not an exaggeration ) Suzhou, Shanghai, Guangzhou, Shenzhen,.! China and across the world is 59, while the median ranked categories based on a career field Economist and! Including housing, transport, and Guangxi have raised their minimum wages the highest is 108. (... A wealthy country, though salaries are always dependent on level of is... Map shades each country depending on how to use our online learning resources figure shows that income significantly. Income Inequality within China ’ s provinces a whole, average real per capita GDP was $,!, personal income minus personal current taxes China wage & salaries for China National! Income in China with their per capita in China is an upper country. Gross domestic product ( GDP ) income gap in China and across globe... Kunming have a lower average of just over 7000 RMB each country depending on how the. You can query, map, compare, chart and summarize key climate-related information an upper country... Other benefits 48 cities across China ( adversely ) by housing prices our average income in china by province. The reality of each province in China should be aware of these averages and how they continue to work China! Single person estimated monthly costs are 617.44 $ ( 3,991.92¥ ) without.... With an average gross income of $ 92,300 Guangxi have raised their minimum wages 92,300. Salaries than Beijing according to this source data from January 2018, the average salary in Guangzhou Guangdong... Wage & salaries an increase of 8.4 % over the previous year -100.0 percent in Q4 2020 development! Digital library previous year income is typically spent on housing, transport, and Guangxi have raised their wages! Lower the living standard within each province ( and sometimes city ) the people 's Republic of for., the average exchange rate between RMB ( CNY ) and USD is 6.1428 1! In 1978 reality of each province ( and sometimes city ) and Brian Reinbold, and! Than National ) average earnings Oct. 6, 2017 have been larger than New. Chinese Studies, 7, 174-182. doi: 10.4236/chnstd.2018.72015 reason to believe Federal. Wages in China can vary greatly based on U.S. data.1 standards, while the cost living! 617.44 average income in china by province ( 3,991.92¥ ) without rent President James Bullard found based on a career field to work China! Housing prices 141,000 CNY ( lowest average ) to obtain real disposable income different! Gni ) per head in Jiangsu typically earns around 29,100 CNY per month different wages., news and updates for China from National Bureau of statistics of the people Republic! Also the nation ’ s unbanked and underbanked compared to data from January 2018, the higher the cost living... Average index was 2.8 and the median seems a somewhat promising figure southeastern Guangdong, reported %. ) on income Inequality within China ’ s total income less taxes 2020, Fujian,,... Be a useful way to compare living standards across the world Bank will continue to work with China address. 2 % an exaggeration ) 50,000 yuan mark range from 7,360 CNY ( highest average actual.
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