The place is filled with amazing sights, sounds, and tastes that will leave you wanting more. In this article, we’ll take a look at the cost of living in China in different areas to make you comfortable there.
History of China
China’s history can be traced back more than 3,000 years. Over the following centuries, various tribes and clans settled in what is now China, making it one of the most ethnically diverse countries in the world.
In 221 BC, the Qin Dynasty was created by a group of warlords who united China under their rule. The Qin Dynasty was one of the heaviest empires in Chinese history, leading to widespread poverty and a decline in traditional Chinese culture. However, during the reign of Emperor Shi Huangdi (259–210 BC), China saw its first major flourishing of culture and art.
However, towards the end of the Tang dynasty, a period of political instability known as the Five Dynasties and Ten Kingdoms began. This led some weak regimes to take control of parts or all of China for short periods, resulting in much economic and social breakdown.
Benefits of Living in China
- Quality of life is excellent
China has one of the highest standards of living in the world. This means that the quality of life is excellent, with lots of things to do and see, no matter where you live. The cost of living is also quite low compared to other countries in Asia.
- The economic opportunities are endless
China is one of the fastest growing economies in the world and that means there are endless opportunities for those willing to work hard. There are many jobs in sectors such as finance, business, engineering, and education. If you have the right skill set, chances are good that you can find a job here without much difficulty.
- The language barrier is not an obstacle:
With over 1,000 different languages spoken and more than a billion inhabitants, living in China can be daunting if you don’t know Mandarin Chinese or another Chinese dialect. However, with a little effort and patience, it’s not impossible to make it. And even if you can’t speak the language fluently yourself, there are plenty of people around who can help you when needed.
- Cultural adventures await you:
Whether you’re thrill-seeking on your daily commute or want to explore some places of historical importance, China has something for everyone. And with so many different regions and cities available, there’s no telling where your adventures will take you!
China’s Gross Domestic Product
China’s economy is the second largest in the world and its gross domestic product (GDP) ranks as the second largest in the world. The country has experienced rapid growth over the past few decades and continues to experience robust economic expansion.
The Chinese economy is highly dependent on exports, which accounted for more than 60% of GDP in 2016. The main sectors of China’s economy are services, manufacturing, agriculture and construction. The country’s main export products include electrical machinery and equipment, textiles and clothing, chemicals, food products, fuels, metal ore, and minerals, as well as software and computer equipment. China also exports services such as tourism and education.
Different Costs of Living in China
- Housing Costs
If you are considering moving to China for work or studies, the cost of accommodation is likely to be a major factor in your decision. Cheap hostels and apartments can be found in big cities, but prices tend to rise as you move away from urban areas.
In smaller towns and villages, finding a rental room can be harder. It’s not unusual for landlords to ask for a deposit (usually about $200) and a monthly rent of $100 or more. If you’re lucky enough to find an apartment or rental home yourself, expect to pay from $50 a month for a small room in shared accommodation to over $1,000 a month for an entire villa with its private pool and garden.
- Transportation Cost
Shipping costs vary depending on where you are in China. A taxi ride from downtown Beijing to the outskirts of Xidan will cost around ¥120 (¥16), while a taxi ride from rural Hebei province in central Beijing will cost about ¥50 (¥7). Train tickets between major cities can also be expensive, costing anywhere from ¥60 (¥8) to ¥200 (¥28) per ticket. Air tickets between major
The most common form of transportation in China is bus. Buses are reliable, cheap, and ubiquitous across the country.
- Cost of nutrition
The cost of feeding a family in China varies greatly depending on the region and lifestyle. In some countries, such as Beijing and Shanghai, the cost of food can be expensive due to high prices for imported food items. The average cost to feed a household with an annual income of $10,000 in China is $1,200.