From the Wires
China Manager Lifestyle Survey: Not so stressed out after all
By: PR Newswire
Feb. 25, 2013 03:15 AM
HONG KONG, Feb. 25, 2013 /PRNewswire/ -- Despite growing concern with quality of life issues such as pollution, almost one-half of surveyed executives in the world's second-largest economy judge themselves capable of balancing work and play, and all things considered, are fairly content with their lives. One in five is now "bourgeois" enough to call upon the services of a consultant or personal trainer.
These findings are based on a nationwide survey of 1,320 businesspeople conducted by China's premier management portal, Chief Executive China Online several weeks prior to the Lunar New Year. Two-thirds of respondents are managers, including one-quarter holding the post of director or higher.
The portrait of the China manager that emerges from the 21-question survey is surprisingly upbeat:
Intriguingly, three factors impact heavily on whether these executives perceive themselves as happy, but perhaps not in the way one might expect: location, marital status and income.
Some 38 percent of respondents live in China's first-tier cities (Beijing, Shanghai, Guangzhou and Shenzhen). They are far more concerned about the threat posed by environmental pollution than those based elsewhere, and overall, those dwelling in third-tier urban or rural settings appear more satisfied with their surroundings.
In terms of marital status, those answering that they are "often happy" are seven times more likely to have a spouse.
It is widely held that the greater one's income the more content one feels, but perhaps only up to a point. According to the survey, "happiness" peaks at RMB800,000 a year (US$128,000) and then drops off quite a bit.
In 1992, Global Sources launched Chief Executive China. It is now a multiple-channel medium -- with website, monthly magazine, and iPad and mobile phone editions -- serving a community of more than 2 million registered executives in China who seek insight into global management theory and practice.
The survey is free for download at Chief Executive China Online http://www.ceconline.com/strategy/ma/8800066088/106c609701/.
For more information about Global Sources, please visit our corporate site (http://www.corporate.globalsources.com). You can also view our latest developments on Facebook and Twitter (/globalsources).
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China.
The core business facilitates trade between Asia and the world using English-language media such as online marketplaces (http://www.globalsources.com), print and digital magazines, sourcing research reports, private sourcing events, trade shows, and online sourcing fairs.
Over 1.18 million international buyers, including 90 of the world's top 100 retailers, use these services to obtain product and company information to help them source more profitably from overseas supply markets. These services also provide suppliers with integrated marketing solutions to build corporate image, generate sales leads and win orders from buyers in more than 240 countries and territories.
Global Sources' other businesses provides Chinese-language media to companies selling to and within Greater China. These services include online web sites, print and digital magazines, seminars and trade shows. In mainland China, Global Sources has a network of more than 30 office locations and a community of over 4 million registered online users and magazine readers of its Chinese-language media.
Now in its fifth decade, Global Sources has been publicly listed on the NASDAQ since 2000.
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