How Much Do The Chinese in Shanghai Make? | Street Interview

To the girl whose business failed and has to restart by finding a job in Shanghai, it takes a lot of courage to start something and even more courage to restart again after failure. You can do it!

I think not only In China but in many developed countries people will slowly start to live outside the cities

it's scary how some people's circles and the others are totally different. The finance guy would believe the numbers are incorrect, while others would agree with it.

All of them are so well spoken. Nice interview

Those who refuse to "lie-flat" are working during weekend, you cant find them on street interview😂

Fascinating interview! Great questions and thoughtful answers.

really fascinating interviews thanks!

More content like this about money and living expenses in Asia please!

Our company has a branch in Shanghai. When we made the recruitment plan at that time, we did a market survey. The starting salary of Shanghai ordinary university graduates was about 1,000 US dollars, and the salary of convenience store cashiers was also at this level. I remember clearly that the salary we provide is set at $1,300, and the master's degree is about $1,500. The average salary in Shanghai should be about $1,800. But if it is a large company like the one mentioned in the video, recruiting technicians who meet the requirements, the income is $3,500 to $4,000. If it is a company like ByteDance, Microsoft or Alibaba, it needs a higher salary to attract talents.

Be grateful for everything you have!!

I love being able to practice my Chinese listening in these amazing street-interviews. I can't wait to make my own interviews in China, like the ones I just made in Colombia

Great video -- great interviews !!

I experience this different viewpoint as well. My fiance and I work in the same field but I'm from a small institute while he has masters degree from one of the top uni in our country. I do well enough to not be threatened with layoff but I would never assume job openings are easy to come by. Him on the other hand seems to think there's no shortage of work around and he could easily move when something doesn't suit him, which I assume is because his peers all have well enough job. Some of my school friends do do well (excluding those who are born rich) but mostly they work little jobs just to get by.

The issue doesn't seem to be inflation, since China is at risk of deflation like Japan. The issue is primarily due to the global economy heading into recession (and in several countries, already in recession). When the world can't afford to buy, then China cannot export as much. And another primary issue facing specifically new graduates is that China is in the process of overcoming the middle income trap. There simply are not enough high-end white collar jobs in China yet, and many new graduates come from privileged backgrounds and do not want to accept lower-tier work.

I am just back to Melbourne from a holiday in China. I estimated the cost of living in big Chinese cities such as Hangzhou or Guangzhou to be about 50% of that in Melbourne Australia (regular cost of living, not housing). Average after tax income for a Melbournian is around A$5000 per month, so if a Chinese makes RMB 12000 a month, she/he will probably have similar standard of living as an average Melbournian. However, cost of cars and imported goods is similar in Australia and China, therefore Australians have more purchasing power towards cars, electronics and imported goods.

To have a good life, It's not about how much you make in Shanghai or anywhere. Life is tough for most of people, but hope and belief will make it easier if you have any.

I worked for 4 years in Shanghai as a UI/UX designer at a small international company. In my first year, I earned 400,000 Chinese yuan before tax, and in my last year, I earned 500,000. It was quite a good salary considering I wasn't a manager, and the reason my salary didn't increase too much is because I received additional share options.

Great video! Sounds like all big cities in the West and young adults getting started in life. Global economy => similar lifestyles for equivalent jobs. The more I watch Asian Boss, the more I see my kids' & students' faces in the videos.

it goes to show a person's outlook on life is intricately linked to their financial status. the finance guy making the most money among them exudes visible confidence and optimism

Excellent video!