Chinese urban women: more than 80 per cent want to be more financially independent, survey reveals
- The survey found women were more strongly motivated than men to improve financial independence
- More than 2,000 adults in Chinese cities, 49 per cent being women and 51 per cent men, were interviewed for the survey last month
More than 80 per cent of Chinese urban women wish to become more independent economically, showing a stronger motivation than men for financial empowerment, a recent survey has found.
A survey on investment attitude indicated that 82 per cent of the female respondents want to be better in control of their own financial situation, according to a report by investment management service provider Fidelity International, issued on Monday.
The company surveyed more than 2,000 adults in Chinese cities, 49 per cent being women and 51 per cent men, last month.
While the average desirable age to realise economic independence was 33 for men, it was three years earlier for women, the survey found.
“Compared with men, we found that women surveyed are more eager to become financially independent. They wish to do so at an average age of 30,” said Zhou Wenqun, head of equity investment and fund manager of Fidelity International China.
They are also more active in making financial plans, the report said. The rate of men who have made such plans was 69 per cent, while it was 71 per cent among women.