Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

LATEST
SMIC Profits Soar to $138m in Second Quarter
Foldable Phone-Maker Plans Shenzhen IPO, Dispelling Rumors of U.S. Listing
Astra Inks Oxford Vaccine Production Deal with China’s Kangtai
Trending Story: Are Any New Graduates Really Worth 2 Million Yuan a Year? Netizens Discuss!
Trending in China: Popcorn or Cheaper Tickets - What Would Make You Return to the Cinema?
Tesla Challenger Xpeng Raises $400 Million Before Planned U.S. IPO
CATL Announces it Will Supply Batteries for Mercedes-Benz New Electric Sedan
TikTok Sees No Slowdown in Global Popularity Despite Indian Ban and U.S. Threats
Baidu Search, Sina Weibo on ‘Secret List’ of Chinese Apps Banned in India’s Latest Purge
Trending in China: Choosing a College Major - For Love or Money?
Evergrande Health Forges Ahead With Six New Electric Vehicles
Trending in China: How Cute Rabbit Ears Are On the Frontline in Fight Between Delivery Firms
Chinese Company Files Lawsuit Against Apple’s Siri for Patent Infringement Worth Billions
China Home to Six of the World’s Top 10 Unicorns, Hurun Report Says
Trending in China: Can Music Streamers Help Users’ Depression?
Core Parts of China’s Beidou Satellite System ‘100% Made in China’
Trending in China: Xiaomi CEO’s Shows How Best To Harness China’s Social Media Humor for Serious Business
Apple Takes Down Over 30,000 Apps from China Store Amid Government Crackdown
Chinese Chipmaker SMIC to Establish Joint Venture for Wafer Production
Microsoft Said Plan to Acquire TikTok Will Continue
Chinese Government Gives Rare Definition of “Middle Income”

By Teng Jing Xuan and Zhao Runhua / Jan 25, 2019 07:11 PM / Society & Culture

Photo: VCG

Photo: VCG

The Chinese government has offered a rare definition of what it means to be “middle-income” in the country.

In the footnotes of a recent report on how Chinese people spend their time, the National Bureau of Statistics (NBS) says it considers people with incomes of under 2,000 yuan ($295.66) per month to be “low-income,” while those earning between 2,000 and 5,000 yuan each month are “middle-income.” People making 5,000-10,000 yuan count as “relatively high” earners, while everyone whose paycheck amounts to more than 10,000 yuan is a “high-income” person.

While official documents have offered definitions of China’s “middle class” from time to time, there’s still little consensus in Chinese public discourse over what the term means. On Monday, the country’s head statistician Ning Jizhe confused his audience when he said the country had over 400 million “middle-income” people without defining the term.

“What’s the standard for determining the middle-income population?” China News Service asked. The state-owned news agency suggested that, based on its calculations, Ning may have been referring to people from households earning between 100,000 yuan and 500,000 yuan a year.

Support independent journalism from China. Subscribe to Caixin Global starting at $0.99.

 

Share this article
Open WeChat and scan the QR code