Annual disposable income increases by 8% in Shanghai

Despite fears of the great economic recession destroying China's economy with the rest of the world, the average disposable income for Shanghai residents rose 8% since last year to 21,871RMB per person. That only counts for city residents, but even those not lucky enough to have the right hukou have still seen their annual salary raise: the average income for city dwellers is 15,051 RMB, which is 4.4% higher than last year. We've got some ideas, but what do you think all that extra pocket cash is being spent on?

Email This Entry


Post a comment (Comment Policy)

Personals

Enter our FREE personals site!

Tips

About Shanghaiist

Shanghaiist is a website about Shanghai, China.

Editor: Elaine Chow
Founding Editor: Dan Washburn
Publisher: Gothamist

About | Advertising | Archives | Arts/Entertainment | Calendar | Contact | Contribute | Facebook | Favorites | Feedburner | Food/Drink | Jobs | Mobile | News | Other | Personals | Popular | RSS | Staff | Top Users | Twitter | Write For Us


Shanghaiist Direct

Too busy to check the site? Receive a daily email with links to all Shanghaiist posts from the previous 24 hours.

Enter your email


Recent Comments

Contribute

Latest Tip:

http://www.whitehouse.gov/blog/2009/11/18/book-change-has-come
[more]

Latest Photo:

Subscribe

Use an RSS reader to stay up to date with the latest news and posts from Shanghaiist.

All Our RSS