Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (62471)	4/22/2005 1:33:36 PM
From: RealMuLan	Read Replies (1) of 74559

Per year. Average total monthly income for people in Shenzhen, Shanghai, Beijing and a couple of other big cities is around 5000 Yuan, but a lot of unemployed workers earn much less, plenty who have decent jobs earn much more than that. My brother, and a couple of friends, are all doing research. Their pay is not that high (5000/month after tax), but they can have year end bonus as much as 40,000-50,000 Yuan after tax. So all in all, the average pay after tax is around 10,000 a month. So they have much more disposable income in China than I do here in the US. The figure you read is for a average city, not high income big cities.

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