22 Dec 2015
Children's Education Number One Priority for Shanghai Households
New research shows that Shanghai families prioritise children's education above all other expenditure requirements.
Shanghai parents put their children's needs as the top priority when it comes to allocating the family budget, according to recently published findings by Fudan University's Family Development Research Centre. The research, focussing on 2,400 households from 80 different communities, showed that, overall, education topped the list of expenditure priorities.
The research also identified the 10 areas that parents are most willing to spend money on (see list below).
1. Children's hobbies (average hourly rate: Rmb36.17)
2. Children's tutoring service (average hourly rate: Rmb33.60)
3. Early childhood education (average hourly rate: Rmb26.67)
4. Learning resources for children (average hourly rate: Rmb26.03)
5. Educating children to seek help in difficulties (average hourly rate: Rmb24.31)
6. Maintenance of household electrical appliances and Furniture (average hourly rate: Rmb24.94)
7. Guidance on how to raise children (average hourly rate: Rmb23.45)
8. Day care of bedridden or incapacitated elderly people (average hourly rate: Rmb17.24)
9. Household cleaning (average hourly rate: Rmb16.13)
10. Household cleaning for seniors (average hourly rate: Rmb15.12)
According to the report, in Asian countries – and most particularly in China – children are the number one priority in any family. This is particularly true of Shanghai families, with education support hugely in demand across the city.
The second highest priority for Shanghai families is looking after elderly relatives. This, though, is an area that has been identified as requiring greater resource allocation by the relevant community organisations. The research also noted that support for marital relationship problems were put as a low priority by many households in the city.
Doris Huang, Shanghai Office