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Young party members 'top earners'

Survey of 'post-80s' generation finds high pay tied to official status

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A university student takes his oath to join the Communist Party of China. Photo: Reuters

Many of Shanghai's top young earners are party members, a survey has found.

Once viewed as the angry generation, those born in the 1980s have settled down into family life, earning an average of 60,000 yuan (HK$75,450) per year in the financial capital, the poll by Fudan University found.

About a third of respondents made less than 3,000 yuan a month, while about half earned between 3,000 yuan and 10,000 yuan.

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A tenth were deemed "high-income earners", making more than 10,000 yuan a month.

It did not say how much more members of the Communist Party made compared to their colleagues without official affiliation.

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But two-thirds of earners in the highest bracket were party members, the poll found.

The general employment for those born in the 1980s was "stable", survey researchers said, with more than 40 per cent of respondents saying they had yet to switch jobs.

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