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Economics Trend Watching

Living in Germany: Income of Professionals

The overall average income across all industries was €67,651 for XING respondents, as compared to the national German average of €36,420 a year […]

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Economics Information Technology Innovation Software Trend Watching

Information Technology in Brazil: IT services push GDP numbers up

Segment was the fastest growing in 2011, according to GDP data. market jumped from U.S. $ 59 billion in 2008 to US$ 95 billion in 2011 […]

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China Economics Trend Watching

Living in China: employees see bigger salaries in Shanghai

The average salary of Shanghai employees reached 3,566 yuan (US$522) a month in 2009, an 8.3-percent year-on-year rise, said the Shanghai Human Resources and Social Security Bureau […]

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China Economics Trend Watching

Living in China: Average income in Shanghai rises 8% in an year

Annual disposable income for residents in Shanghai during the first three quarters of this year reached 21,871 yuan (US$3,200) per person, which is 8 percent more than last year, according to latest figures from the Shanghai Statistics Bureau […]

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China

Living in China: Beijing, Shanghai increase salaries

Despite the severest economic crisis in decades, Beijing and Shanghai continued to significantly increase workers’ salaries last year, according to official statistics. In Beijing, workers earned on an average 44,715 yuan ($6,570) last year, 4,848 yuan more, or a 12 percent increase, than in 2007, according to the Beijing Municipal Bureau of Statistics. In Shanghai, the average monthly salary last year was 3,292 yuan, a 400-yuan, or 13.8-percent, jump from 2007, according to the Shanghai Municipal Statistics Bureau announcement […]

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China Economics Trend Watching

Living in China: More people in Shanghai unhappy about Income

More citizens of China’s eastern metropolis of Shanghai were not satisfied with their salaries and may postpone buying houses or cars, a survey shows. The income index for the second quarter of this year set a record low of 114.8 points, 3.8 points lower than that of the first quarter and 7.5 points lower than the last quarter of 2007, according to the survey on consumption confidence conducted by Shanghai University of Finance and Economics (SUFE)…

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China Trend Watching

Living in China: Shanghai foreigner influx doubles in five years

The number of expats living in Shanghai and those working in local foreign-invested enterprises almost doubled from 2002 to 2006, according to a Shanghai Federation of Trade Unions report released recently. Issued every five years, the report said there were a total of 119,876 expatriates living in the city in 2006, compared to 61,610 in 2002. The number of expats working in foreign-invested companies in the city increased from 40,076 to 76,873 over the same period…

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China Consumer Behavior Economics Trend Watching

Finance industry employees in China top salary rankings

Employees in the financial sector earned much more than workers in other industries last year thanks to the lucrative financial market, an annual salary report has revealed. The report, released by leading human-resources service provider Zhaopin.com in Shanghai, was based on a survey of more than 1,000 companies across all sectors throughout the country last year. It found workers in the financial industry were paid an average salary of 4,987 yuan (US$694) per month. The figure is about 40 percent higher than the national average […]

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China Economics Information Technology Software

Shanghai IT income set to beat US$128billion

Revenue of Shanghai’s information technology industry is set to double last year’s figure to surpass 1 trillion yuan (US$128 billion) in 2010 when the World Expo is held here. The city will invest heavily in several IT projects for the expo, such as a citywide wireless broadband network, a digital transport management network, electronic payment and social security systems, paper-less customs application system and mobile TV, according to Shanghai Municipal Informatization Commission […]

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China Economics Information Technology Trend Watching

Information Technology Salaries in the Rise in Shanghai

People working in the information technology industry earned more than employees in all other industries on average last year, according to the Shanghai Statistics Bureau. The wage gap between different sectors widened last year. The average wage in the IT sector was 3.55 times of the average salary for those in the service sector, the lowest paid group of workers, while in 2000, the average wage in the highest sector was 3.24 times that of the lowest […]