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It turns out that the threshold for the middle class is not as high as everyone thinks.
The crypto world should be mostly middle class, right?
How many middle-class families are there in China?
According to the quantitative standards released by the National Bureau of Statistics and the Chinese Academy of Social Sciences at the beginning of 2025, middle-class families must meet four core conditions at the same time:
1. Annual household income above 350k yuan
2. Net assets exceeding 3 million yuan
3. At least one member with a bachelor's degree or higher
4. Stable and sustainable sources of income
Based on these conditions, by the end of 2024, there are 33.2 million households nationwide that meet the criteria, accounting for 8.9%.
Don’t be fooled online; middle class isn’t that scarce. The threshold is right there in front of you. Honestly, the threshold isn’t that high, even quite low, to be honest.