broadsword
Brigadier
There is a certain kind of satisfaction money can't buy.
A reappraisal of China's semiconductor strategy
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That's 34 000 $ per year, not bad for a salary in China. If living in Shanghai, should be equivalent to 79 000 $ if living in NY, according to Numbeo. One can live a comfy, though not luxurious life with that money. With prospects of increasing salary, end earnings might even even reach equivalent of a six figure salary.
Why do and especially did Chinese companies refuse to patronize domestic chip and chip making equipment suppliers so extensively in the past? Was it just highly reflexive of them to just dismiss Chinese makers as being of poor or inferior quality without actually testing them?
Whatever the case, now that China and Chinese companies have realized that the United States and its Allies are prepared, despite at considerable loss to their market share, to prevent the sale of high tech products of their making to China and Chinese companies, they have rudely realized that they must be thoroughly self reliant and ensure that the entirety of the production and supply chain for the making of high tech goods must be located in China.
Many Chinese companies had an extremely complacent and arrogant attitude in which they felt that because China was the world's largest market for tech, foreign governments would not dare prevent their companies from supplying them. Many were also not exactly cooperative with state set industrial and indicative policy like China 2025.
Whatever the case, now that China and Chinese companies have realized that the United States and its Allies are prepared, despite at considerable loss to their market share, to prevent the sale of high tech products of their making to China and Chinese companies, they have rudely realized that they must be thoroughly self reliant and ensure that the entirety of the production and supply chain for the making of high tech goods must be located in China.
Many Chinese companies had an extremely complacent and arrogant attitude in which they felt that because China was the world's largest market for tech, foreign governments would not dare prevent their companies from supplying them. Many were also not exactly cooperative with state set industrial and indicative policy like China 2025.
manqiangrexue
Brigadier
That's music to my ears. I didn't know that; I was convinced by my friends that 20,000 yuan a month is quite shoddy in Beijing, especially considering what I do. I have 2 friends who do the same; one earns $170K a year in Houston; he's got more money than he knows what to do with. And I've got another friend who went to work for a Chinese genetics company in Shanghai starting at 1,000,000 yuan annually, but I don't want to do that because his job is to develop better ways to make money for the company while my angle will be how to provide affordable high quality medical genetics services to the patients. People have told me that with just this paltry sum, I can give up my dreams of marrying a bombshell dancer 10 years younger than me; my girlfriend says I better marry her because she's a lawyer and she can haul in the big bucks to support the family of 5 that I want. She teases that with my salary in Beijing, I couldn't afford to keep 3 dogs much less 3 kids. Guess I'm not so helpless after all, eh? haha
To hear that I can live comfortably but not luxuriously is the best financial encouragement I've ever gotten. I am not a man of luxury; I am a man of substance. I was taught growing up that the only things worth coveting are the muscles on your body and the knowledge in your mind and the only luxury worth having is the pride that you are doing right. If I won a billion dollars in the lottery tomorrow, I'd still do the same work, drive the same car, and live in the same place; money is just a number to me as long as it's enough to live reasonably on. All I want is to serve my country and to raise my children to do the same.
solarz
Brigadier
The biggest problem you're gonna have in Beijing is getting a place to live.
Renting is pretty much a non-starter for any family because of China's lax rental laws. Landlords can kick you out pretty much any time.
Buying a property is crazily expensive. Hopefully you can get some help from your family.
You will have trouble living in Shanghai with $34k USD /year. My friends in the Shanghai IT sector are making >$500k RMB /year. Shanghai living is more expensive than many North American cities
FriedRiceNSpice
Captain
How much can software engineers make in Shanghai?
My friends are in management. Code monkeys make a lot less I think. Don’t know
sry i'm bit suspicious about your claim giving up 6 figure USD salary director job for 20k yuan in beijing, right after our previous conversation. People who give up like what you describe, are rare. Also are you in undergrad or grad school, company in US dont just hire someone fresh out of school to be a director. The director require years if not decades of experience in the field. anyway, how about we continue this after you go back to beijing like you claimed, cause right now its obvious you are in US. i have seen too many talk the talk not the walk the walk. there are only 65k H1B for all foreigner, chinese student alone are 400k in US, not including others from india etc and other non-students foreigner. the H1B vacancy filled up in 48hrs. those dont find job here, have to leave within certain period of time.
as far as foreigner vs sea turtle talent. intel/amd/ti/ etc etc certainly willing to hire chinese/indian/others base on their skills, not nationality. It only become an issue if the area of study is sensitive. China hire tons former soviet engineer/scientist, some are in sensitive area. it doesn't seem an issue to them.
also i already said if they move to china is because they found better opportunity or has significant other or some other reason, i never say they move their for peanuts, get your fact straight.
the likelihood of ethnic chinese vs foreigner is case by case base, you can't just say which one is more trustworthy base on where they born. there are many factors, where they currently live, their citizenship, their family location etc etc. If both case are identical, then yes the native born has the advantage, but not before some background check to establish that facts. every organization has its own process to establish the trustiness of particular individual, been born in the native country is a small part of overall. for most commercial company its not a big deal where they from.
the future depend how china can attract talent from taiwan/sk/japan/US/EU and other place. US attract tons talent from all over the world each year. even though alot native american prefer idolize sport player or watch reality tv
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Jura The idiot
General
it's going to be interesting for you to read that post let's say five years down the road (no sarcasm, no psychoanalysis here; it's kind of remarkable what you wrote)
oh and let me see ... 20,000.00 CNY = 65,813.20 CZK
it's in the range of what a doc earns here (not just like that though, but if s/he works overtime for example as an ambulance doctor :-(
typical middle class
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