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Why is there a huge difference in wages between China and Germany?

author:Wenxin view the world

Wenxin views the world, and the world gathers Wenxin. Hello everyone, and welcome to Wenxinguan World

Today, Xiaobian will talk to you about an industry, which is not only in China, but also in Germany, which is far away in Europe. That's – welder!

Why is there a huge difference in wages between China and Germany?

In this fast-paced society, they quietly weld the buildings, equipment and even transportation that are indispensable to our lives with exquisite craftsmanship and tenacity. When we talk about their salaries, especially when we compare Germany and China, two of the most representative industrial powers, we can see significant differences.

1. Overview of the salary of welders in the two countries

Germany: "Golden Blue Collars" in a Rigorous Country

In the eyes of the editor, Germany is famous all over the world for its sophisticated and rigorous manufacturing industry, and was once known as the "cradle of engineers". Here, welders are not only an important member of the industrial army, but also the "golden blue collar" at the top of the technical pyramid. They not only need to have solid professional skills, but also need to demonstrate excellent soft skills such as teamwork, communication and innovation.

Why is there a huge difference in wages between China and Germany?

According to statistics: the average annual salary of German welders before tax is as high as 44,400 euros (converted into RMB is 340,000 yuan), which is very good, and the average salary of German welders is 3,700 euros (converted to RMB 28,000 yuan).

Why is there a huge difference in wages between China and Germany?

Although this figure is about 22% lower than the industry-wide average in Germany, considering that welders usually only need a technical secondary school or high school degree in Germany, such a salary is quite competitive compared to other industries that generally require a bachelor's degree or higher. The German government provides welders with comprehensive social welfare guarantees, including medical insurance, pension insurance, unemployment insurance, etc., to make their lives more secure.

China: Front-line craftsmen in full swing

China's welders have a large population and are active in all walks of life. In our eyes, they belong to the mechanics, and can be competent for high-intensity work in a complex and changeable working environment.

Why is there a huge difference in wages between China and Germany?
According to online data, the average monthly salary of welders in China is 7,180 yuan, and the median is 7,253 yuan, slightly lower than the average monthly salary of the whole industry in the country at 28%.
Why is there a huge difference in wages between China and Germany?

Similar to Germany, Chinese welders have a relatively low education threshold, usually a junior high school or high school graduate, but in the face of a job market dominated by college degree or above, their income can still remain relatively reasonable. The state also provides social insurance, including medical insurance, pension insurance, and unemployment insurance, for welders to escort their lives.

2. Behind the salary gap: analysis of four factors

Level of economic development: differences in the building blocks of wealth

Why is there a huge difference in wages between China and Germany?

Germany and China are at very different stages of economic development. As a highly developed industrial power, Germany's per capita GDP has reached a staggering $45,290, far exceeding China's per capita level of $10,515. Germany's strong economic strength has created a mature and stable labor market, which is capable of providing high salaries for all kinds of skilled workers, including welders.

Currency exchange rates: a magnifying glass behind the numbers

Why is there a huge difference in wages between China and Germany?

In terms of the currencies used in the two countries, the euro and the renminbi are respectively. As of April 24, 2024, 1 euro is equivalent to about 7.75 yuan (I checked it). So when we convert the monthly wages of German welders directly into RMB, the value will naturally expand to nearly 3.7 times the original value. This exchange rate effect makes the apparent wage gap even more significant, but in reality it does not fully reflect the actual purchasing power of welders in the two countries.

Consumption level: a true portrayal of the quality of life

Why is there a huge difference in wages between China and Germany?

In the eyes of ordinary people, although the salary of German welders seems to be far ahead, the price of goods in Germany is high, and its material is 2.4 times that of China. Although German welders are well paid, they are also under great pressure to spend on daily life.

Supply and demand: the invisible hand of the laws of the market

Why is there a huge difference in wages between China and Germany?

Due to the strong market demand and relatively tight supply, German welders are in short supply of technical talents, and they enjoy higher bargaining power in the job market, so they can obtain a more generous salary package. However, China's welding master group is huge, and the situation of oversupply makes them face greater pressure in the competition, and their salary is relatively limited.

Conclusion: Across borders, appreciate the value and style of welders

The salary gap between German welders and Chinese welders is not accidental, but is the result of a combination of complex factors such as the level of economic development, currency exchange rates, consumption levels, and supply and demand. Of course, salary does not unilaterally define a person's happiness or success, let alone become a measure of a country's merits. Each country, each region and even each individual has its own unique value and charm.

Whether they are in Germany or China, they are the unsung heroes of modern industrial civilization with blazing welding sparks. With their skillful hands, they can connect cold steel into sturdy bridges, towering buildings, and sophisticated machinery and equipment that contribute to our lives. They may have different incomes and different living environments, but they all interpret the dignity and value of workers with their professionalism and professional skills.

Dear readers and friends, whether you are a welder yourself, a member of this group, or a reader who is curious about the industrial world, I would like to express my deepest respect to every hard-working welder. Because of the welder's master, our world is stronger and brighter.

Okay, friends, let's talk so much about today's topic, if you have anything to say, please comment in the comment area, thank you for watching and liking and supporting. I'm Wenxin, we'll see you next time.

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