China high income earners over 80m

Beijing: High-income earners in China, who have emerged since the reforms of 1978, number over 80m, a media report said on Monday. Forty-eight million of these are managers or technicians at private and foreign-funded companies, 14 million are from intermediary and social organisations, 11 million are freelance and 10 million work in new media, the People’s Daily reported. In Beijing, high-income earners account for 8.4 per cent of the city’s population. The number is 14.8 per cent in Shanghai, and 13.6 per cent in Guangzhou. — IANS