China's Middle Class

China's Middle Class

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China has 17 million middle income households, defined as those with monthly salaries worth $622-$1,244 (5,000 to 10,000 RMB), accounting for 50 million people, or 3.8% of the total population. In neighboring Hong Kong, middle class homes account for half of the Chinese territory's population.
Source : China Daily, McCann Worldgroup

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