15.06.2018 Views

China's Highest Paying Industries and Jobs

The overview of the top industries for students to choose the best for their career in China. Read the document to choose the best from the highest paying jobs or industries in China at ISL App.

The overview of the top industries for students to choose the best for their career in China. Read the document to choose the best from the highest paying jobs or industries in China at ISL App.

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China’s economy<br />

<strong>Jobs</strong> with state banks were widely known as “gold rice bowls”, <strong>and</strong> with<br />

good reason. For eight years, finance had been the top-paying industry, but<br />

during 2016 the revenues <strong>and</strong> profits stagnation lead to 19,000 job cuts by<br />

China’s four big state-owned banks. According to China’s National Bureau<br />

of Statistics 2016, the banking, insurance <strong>and</strong> brokerage sector earned an<br />

average annual income of 117,418 yuan while the average annual income<br />

in China’s information, software <strong>and</strong> information technology fields reached<br />

an impressive 122,478 yuan.<br />

Technology Sector’s<br />

The technology sector’s wage level<br />

exceeded the finance industry since<br />

industry-specific wage data was<br />

made available in 2008. According to<br />

Meng Canwen, the national statistics<br />

agency’s head statistician, salaries<br />

have increased in the tech industry<br />

mainly because of consistent <strong>and</strong><br />

rapid growth.<br />

Agriculture, Forestry<br />

<strong>and</strong> Fishing Industry<br />

The agriculture, forestry <strong>and</strong> fishing<br />

industry had the lowest annual<br />

incomes last year, 33,612 Yuan, or<br />

roughly half the average annual salary<br />

for all industries. <strong>Industries</strong> showing<br />

promising income growth last year<br />

were public administration, social<br />

security <strong>and</strong> organization, education,<br />

health <strong>and</strong> social work.

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