What is the amount of the middle class?

What is the amount of the middle class?

There ” middle class »: standard of living between the third decile and the eighth decile (50% of the population) People in this group have an annual disposable income per household of between 21,600 euros and 50,090 euros.

What role does the Chinese middle class play in national development?

The middle class shows the strongest support for democracy. The negative relationship between age and attachment to democratic values ​​confirms the generation replacement theory. This study also shows that education cheek a role crucial in supporting democracy.

What is the essential function of the middle class?

The middle class : the one who has average means Difficult, therefore, to know if one is part of it. Several approaches compete. The middle class can be defined as function type of profession, way of life, values, heritage, access to property.

Is China a democratic country?

The Constitution of the People’s Republic of China defines it as “a socialist state of people’s democratic dictatorship, led by the working class and based on the alliance of workers and peasants”.

What is China’s middle class?

In China, 11% of the population is considered middle class and 2% of its workers earn enough to pay income tax. China’s urban middle class has 146 million workers who earn an average annual income of $11,733.

Why is China’s rapidly growing middle class so important?

The rapid rise of the middle class in China is too big an event for multinational corporations to ignore. In 2012, almost a quarter of the population, or approximately more than 300 million people, had significant purchasing power.

What is the population of China?

Its labor force is approximately 770.4 million, compared to a labor force of 146 million in the United States. In China, 11% of the population is considered middle class and 2% of its workers earn enough to pay income tax.