People in Shanghai are already China’s richest. On a GDP per person basis – at almost $23,000 a year – the Shanghainese are on a par with residents of Saudi Arabia. They also have the highest minimum wages – boosted on Thursday by a further 14 per cent increase. Shanghai workers must now be paid at least Rmb1,280 ($195) a month.
And there’s more good news. Shanghai residents are also living longer. Longer, apparently, than Canadians.
Figures out on Thursday from the Shanghai Health Bureau put the average life expectancy of the city’s inhabitants at 82.13 years, up from 81.73 years in 2009.
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