![]() ![]() ![]() The average salary for public-sector workers is around 60% higher than the equivalent in the private sector, but is still only 60% of the global average. At the same time, 18 provinces have downgraded their expectations for per capita disposable income this year, and overall measures of inequality in China only improved a smidgeon last year, according to government statistics.īloggers found that even higher-range Chinese salaries don’t fare very well in the global league tables. China has the world’s most billionaires after the US, according to a report by Wealth-X and UBS. The discussion highlights the uneven distribution of wealth that persists amid China’s rapid economic growth. (There is some nuance, of course, related to the purchasing power of a smaller salary in China compared with the same amount in more advanced economies, but this doesn’t get much of an airing in these debates.) One blogger said (registration required), “So China is very rich but Chinese people are very poor.” One called on Chinese president Xi Jinping, writing, “China is that poor? Does Big Xi know?” Another simply said, “Where is my money?” These figures are circulating Chinese social media, generating over 13,000 posts on Sina Weibo, as internet users complain that their modest wages don’t match China’s status as the world’s second-largest economy. CNN Global Wage Calculator How the average annual salary of a private-sector worker in China compares with the rest of the world. ![]()
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