Pay checks in Shanghai remained the highest among China’s major cities in the fourth quarter of 2014, online recruitment portal Zhaopin.com said, beating out starting salaries in Beijing by just nearly 100 yuan.
Shanghai Daily elaborates:
The average salary for job openings in Shanghai was 5,891 yuan (US$942) a month, higher than 5,796 yuan in Beijing and 5,302 yuan in Shenzhen, according to the report analyzing all job postings on the website in the fourth quarter of 2014.
The best paid positions were within the professional services sector including consultant, legal, and human resource services as the average monthly salary stood at 10,154 yuan.
Nationwide, accountant and assurance positions were the best paid with the average monthly salary of 9,751 yuan.
At the end of 2013, Shanghai was ranked China’s most competitive city, and understandably so, considering it was likewise rated as the 21st costliest city in the world.
At least travelers can camp out in its dingy hostels for cheap.