The conversations are amazing
this post was submitted on 17 Jan 2025
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It's nothing personal, I just think it's partly true that. So I added some, including labour issues.
You mentioned median income, According to Zhongjin data, 95% of the population has a monthly income below 5,000 RMB. I don't know the source of your data.
https://www.timedoctor.com/blog/average-salary-in-china/
I got the number by clicking on the first link I found, cross checked with my cousin's income and it is within a plausible range. my statement still stands that healthcare is not cheap in China atm and it would eat up a portion of your income if you have severe issues.
sounds about right, my electrician cousin makes less than that
That link describes the average salary. Your original comment spoke of the median salary.
It's unusual that those are the same, especially since China has quite a high gini-coefficient. Where did you find that information?
Thank you. I see its data from SalaryExplorer, but I couldn't find where SalaryExplorer source.
Caixin (link, but chinese) did a study last year,
Low-income households, comprising about 300 million people, will have a per capita disposable income of 8,333 RMB in 2021, or 694 RMB per month.
while lower-middle-income households will have a per capita disposable income of 18,446 RMB or 1,537 per month.
High-income households, which make up 20 percent of the population, have a per capita disposable income of 85,836 in 2021, or 7,153 RMB per month.