Survey Shows Chinese Middle Class Family Income Is 45,000 RMB

Survey Shows Chinese Middle Class Family Income Is 45,000 RMB

A survey carried out by Ipsos Financial Services Group has revealed that a “typical” middleclass income of mainland Chinese families is 45,000 RMB. A total of 2500 self-claimed middleclass families took part from countries across Asia, 1000 of which came from mainland China. The figure makes it second only to Hong Kong in terms of the highest average middleclass family income, surpassing the totals of 39204 RMB and 27956 RMB stated by Korean and Taiwanese families. Many netizens were humbled by the figures, believing themselves to be seriously lagging behind.

Source: Netease

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  • Amused

    Seems like a seriously flawed “study”. I can “self claim” I’m a penguin, doesn’t make it so. But I am.

    • mr.wiener

      I ‘m a famous actress who does some catwalk modeling on the side.

      • Amused

        Cameron Diaz?!?!?!?
        Really love your work, but I almost didn’t recognize you with the beard. When did you become an Aussie?

        • mr.wiener

          It’s what I look like without the make up.

          • Amused

            Well chin up, you’re still more shaggable than Yoda, oh I’m sorry, she goes by Tyra Banks these days.

    • Bman

      Oh, you’re that guy from that penguin movie. It all makes sense now…

  • gregblandino

    Would have been nice to say somewhere in the story that this is monthly income, seeing as most of the time in the west income is reported annually. Considering that comes out to a household income of around $7,00 a month, $84,000 a year, I’d like some of what these survey takers are smoking.

    • Jahar

      Ah I was thinking it was per year. It was making me think the Korean and Taiwanese numbers were off. Also, where’s Japan? I find it hard to believe a middle class family in japan makes less than all of the other 4 mentioned.

      • David

        It is a yearly income.

        • Jahar

          It makes little sense either way. 4k a month isn’t gonna pass for middle class in any major city in China, not by far. Let alone be more than middle class in Korea or Taiwan.

          • David

            I agree, seems either a little too low or way too high to be middle class.

    • David

      This is a yearly income not monthly. Very few Chinese make 45000 RMB/month. Certainly not middle class.

      • gregblandino

        中国大陆中产家庭月收入4.5万
        Wow, that’s type is small. But, the title says “中国大陆中产家庭月收入4.5万“ or “Chinese middle class households have a monthly income of 45,000.” Note that I mentioned that I find these number’s to be ridiculous, and I am quite aware that 45,000 rmb a month income is veeeeerrrry comfortable in China, although not unobtainable for say a household were husband and wife both worked as mid to upper level management.

        If you don’t believe that I am telling you what the article says, click on the link and read it yourself. I certainly didn’t make these claims up out of thin air, though since these figures are self reported, and the source for the survey seems to have a vested interest in pushing investment products, I’d take these claim’s with a giant heaping of salt.

        In my view, a household income of 45,000 rmb/month would be considered upper class, 45,000/rmb a year would be lower-class.

        • David

          I can not read Chinese so I will take your word for it. However, I agree and also find those numbers to be way out of proportion to reality. I know many Chinese who make 4,000-6,000/month who consider themselves middle class (the teachers at our school make 4500/month) but even my friends who live high off the hog only make about 15,000-20,000/month (Chinese of course, with the price of imports expats making that amount are still not upper middle class). I think we are on the same page with this.

  • Mihel

    Link to Ipsos Interactive website is broken.
    The algorithm they use to calculate average income is broken too.

    • David

      Not to mention their survey method and pretty much all of their methodology. 2500 people surveyed, 1500 from mainland (which means 1000 from Hong Kong or Macau, where the incomes are skewed up). The 1500 were probably from Shanghai and Beijing too. Then they compare it to income averages in Hong Kong.

  • Money is Everything

    money means happiness!

    • Bman

      Love is happiness! Though you’ll never know this. Same goes for your unfortunate husband :)

      • Money is Everything

        i am not married yet…

        • Bman

          That’s why.
          No man wants a woman who loves money more than him.
          It’s twisted, unnatural and inhuman. When (if) you learn how to love people, then you can have a family.

          • Money is Everything

            ?????
            you know better than me ???
            i do not rush just, idiot!

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