A total package for an expatriate middle manager in Mainland China is now worth over $276,000 per year on average. In Hong Kong, the package is around $272,000 per year, slightly lower than in Shanghai and Beijing. However, far from all Chinese cities require such high pay.

What is considered good salary in China?

A monthly salary of 15,000 yuan (about 2,400 US dollars) would be considered high in every part of China.

What is the average house price in China?

The average sale price of low- to mid-end properties rose by 10.2% y-o-y to CNY22,569 (US$3,494) per sq. m. In Beijing, existing home prices rose by 4.9% in November 2015 from the same period last year, to an average of CNY43,349 (US$6,711) per sq. m., according to Century21 China Real Estate.

What is Chinas minimum wage in US dollars?

Some countries may have a very complicated minimum wage system; for example, India has more than 1202 minimum wage rates .List.CountryChinaWorkweek (hours)40HourlyNominal (US$)0.94PPP (Int$)1.68Percent of GDP per capita22.5%52 more columns

What is the minimum wage of China?

Minimum wage per hour in China as of March 2020, by region (in yuan per hour)CharacteristicMinimum levelMaximum levelBeijing2424Shanghai2222Tianjin20.820.8Guangdong1420.39 more rows•Apr 12, 2021

Is it easy to find job in China?

When it comes to landing a job in China, you have three options: Go to China as an intern or as a student, work hard and network aggressively, and at the end of 3 or 6 months there is a good chance youll have a full-time job offer somewhere. Try to get a job in your home country that will send you to China.

How much does a house cost in China?

An average 80 square meter apartment within Shanghais Inner Ring Road goes for upwards $886,000; while in the citys hinterlands it sells for around US$200,000. In Beijing, the average cost of a home of this size is roughly US$310,000.

Can foreigners buy a house in China?

A foreigner can only own one property in China, and that property must be residential. For example, in Beijing, you must pay taxes and social security for at least five years before you are permitted to buy a property.

Does China provide free housing?

The government now provides affordable housing by subsidizing commercial housing purchases or by offering low-rent public (social) housing to middle- and low-income families. At the same time, it relies on the private commercial housing market to meet the needs of higher-income groups.

Is China a poor country?

Since China began to open up and reform its economy in 1978, GDP growth has averaged almost 10 percent a year, and more than 800 million people have been lifted out of poverty. China is now an upper-middle-income country.

What jobs are in demand in China?

The Top 10 Careers for Foreigners in China (Expat Jobs)Teaching. If you meet a random foreigner walking the streets of any given city in China, there is a very big chance he/she may be a teacher. Trade/Commerce. Yiwu International Expo Center. IT/Tech. Writing/Media. Marketing. Engineering. Managerial Jobs. Hotels and Tourism.More items