My income quadrupled
My income quadrupled
Xia Rong, 49
Chengdu
Real Estate Manager

I live in Chengdu, a city of western China where I used to be a government employee since 1980. Thanks to China's economic reform in the late 80s, I had a chance to work part-time at a Taiwan-funded corporation that was expanding to mainland China.

My income multiplied and since then, I started learning how to manage my personal finances.

I purchased a commercial space and a condo apartment and invested in the stock market. I also left government, and joined a private-owned realty company as a manager. My annual income rose from about $6,000 to $24,000.

As the economy improved, giving my child a good education has become my primary goal. She moved to the U.S. in 2006 for college and successfully found work after graduation. She now is a permanent resident in the U.S.

Meanwhile, I love traveling. I've been to multiple countries and regions including the U.S., Japan and Southeastern Asia, as well as cities across China. Considering my income, I don't necessarily think I'm in the middle class, but in terms of the standard of living, I believe I'm living an easier life in Chengdu compared to my younger brother who immigrated to the U.S. two decades ago.


By Menglin Huang @CNNMoney - Last updated June 25 2012: 5:23 PM ET
Join the Conversation

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.