Middle Class Society Still a Long Way Off

There is still a long way to go before the much-anticipated middle class becomes the mainstream in China, according to experts. Talk about China's middle class among research institutes and experts has been growing as the country's economic advancement gallops apace. According to a report released by the Chinese Academy of Social Sciences, there were 35.18million “middle class” members in China last year, about 2.8% of the total population. BNP Paribas, a French bank, defines members …

Middle Class Society Still a Long Way Off

There is still a long way to go before the muchanticipated middle class becomes the mainstream in China, according to experts.