Thursday, December 15, 2011

In China how good a wage is 3500 RMB if all accomodation etc is paid for? Will it be a stretch?

Is this paid per week or per month and do you mean the currency in China (CNY - China Yuan Renminbi)? Also is it GBP you are comparing it to?|||The latest currency designation for China is CNY (Chinese New Yuan?) but I understand what you meant by RMB (renminbi?). Let's see: The per capita GDP in Shanghai is about CNY 51,500 /yr or CNY 4,292 month, the highest on mainland China (the figure for Hong Kong is seven times as much).





Based on that, I'd say CNY 3500/month is a pretty good salary, considering all accomodations are paid for. If you figured that accomodation allowance to be worth at least 25% of the salary, then your monthly gross salary is really CNY 4375, slightly higher than the Shanghai per capita GDP. Average if you live in Shanghai, great if you live in smaller cities/towns elsewhere in China, lousy if you live in Hong Kong!|||Rmb = Yuan





RMB 3500 (USD $440) is average salary in the city, not very good paid, btu i guess able to survive well. they can pay the bill, if they don't shop too much.|||The local currency is the Renminbi also known as kuai ( oral use ) or yuan ( written use ).





I am in Nanjing China and my monthly salary is 5000 yuam per month. Once my appartment is payed I still have 3500 yuan and it is more than enough to live.





It all depend how you live. If you leave as a foreigner then forget it. But if you try to live more like a Chinese then it is OK. With 15 yuan to eat everyday you can afford a restaurant for lunch and dinner ( provided you are alone ). A Mac Donald meals is about 22 yuans / a noodle soup 5 yuans / a can of Coca Cola 1.5 yuans.





So if you don't spend a lot, you can afford some trips around China from time to time by train or bus.|||I take it your coming here to teach, since that seems to be the low end of the usual salary. If your in a big center like Hong Kong, Shanghai, Beijing then it is not enough, but the schools in these centers offer more money to compensate. Therefore, at 3500/month, I assume your coming to a small place with little for western stores.





If you've come to party, and live like a king, then you will be broke at the end of every month. (Like many of the guys at my school) As long as you are not a compulsive shopper, then you should be fine, and still have money to travel every month, and live somewhat "kingishly" Avoid the "western restaurants" they are far too expensive, and the food is just not as good as home, or the chinese food you can find.





However, I would get the school to bump you up to 4000 RMB/Yuan/Kuai because that is what they are allotted for a foreign teacher by the provincial government, and I live in the poorest province.|||I not sure what RMB is, China is the Yuan CNY and this amount is about $450 USD. In their economy I would think this pretty good. I not really sure. What I do to get a comparison is try to find out what things sell for and compare with your country. Example; If, a computer sell for 7000 CNY then you know this about $900 USD. If, the computer actually sell for $500 USD you can figure luxury items may be expensive there. Hope this helps.


Is, RMB the Russian Rouble RUB?|||My son and his girlfriend (we are Brits) are living very comfortably in China on around 4000rmb each per month, with a "free" flat. I have visited them, and the flat is nice, modern and clean (Western toilet!!) , and they save a third of their salary and still live well, eating out a lot and often going to their local bar (run by an Australian). You'll be fine. Have fun!|||Depends on where you are and what you want to do. Large cities (Beij9ng Shanghai etc. tend to be a little expensive for some things. But you can still get a good meal (for 4 people) for 70 yuan rmb - much cheaper out of those centres.. . If you want to eat foreign food in BJ (say French)) you'll send up paying in excess of 300 yuan PER PERSON!


Just in case you are a little confused you ARE correct. The CVhinese money is officially RenMinBi Yuan but is often referred to locally as 'kwai' (the old name)|||That is above average for factory workers or mid level white collar job. You can live on that since your accomodations are paid for ( which is a major help ). But it won't be too much fun since all the fun stuff are costly, like pub crawling or clubbing etc.

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