International cost of living and hardship / quality of living data for 780 global locations.
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Shanghai is the largest city in China, and one of the largest metropolitan areas in the world. Located on China's central eastern coast at the mouth of the Yangtze River, the city is administered as a municipality of the People's Republic of China with province-level status. Shanghai is often regarded as the centre of finance and trade in mainland China. Shanghai also hosts the largest share market in mainland China.China is in Eastern Asia, bordering the East China Sea, Korea Bay, Yellow Sea, and South China Sea, between North Korea and Vietnam. The climate in Shanghai is subtropical maritime monsoon and is generally mild and moist. Spring is warm, autumn is cool, summer hot and rainy and winter is overcast and cold.The official language is Mandarin, known locally as Putonghua. It is spoken in business circles even in southern China, where Cantonese is the vernacular. Chinese business people are increasingly learning to speak English, but in many cases, an interpreter is required. English is not widely spoken outside business circles. The main religions are Buddhism, Christianity, Islam and Taoism.The economy of the People's Republic of China is a rapidly developing and influential market economy. China is the one of the worlds largest economies. China has had the fastest-growing major economy for the past 30 years with an average annual GDP growth rate above 10%. China's per capita income has likewise grown at an average annual rate of more than 8% over the last three decades drastically reducing poverty. Business introductions are usually formal. Chinese surnames form the first part of the name. For example, Zhang Wei is Mr Zhang. Expatriate business dress is conservative. Men typically wear a suit and tie, while women wear a dress or a skirt and blouse.The security risk for expatriates in China is low overall, but medium in some parts such as in Guangdong province and the Xinjiang Uighur Autonomous Region (XUAR). Risks are mainly petty crime such as tourist scams and business corruption.The currency of China is the Chinese Yuan Renminbi (CNY). China is generally a cash economy. Outside of the major cities, credit cards acceptance and ATMs are fairly limited.Medical facilities are generally good in the major cities, however some hospitals can be over crowded with long waiting times. In some rural areas the standard of healthcare can be relatively poor. Healthcare is expensive for expatriates. Medical evacuation from China is very expensive. Certain medicines may not be available in China and may be prohibited from being brought into the country. Air pollution can be extreme in some areas and may aggravate bronchial, sinus or asthma conditions.The population of Shanghai is 34 Million (2019 est.), while the inflation rate (CPI) is 3.8% for China as at October 2019.Xpatulator Hypothetical Tax for China is based on the current personal income tax rates which are progressive up to 45%.