The Social and Sciences Academic Press recently published the “2013 Youth Development Report” on China’s youth. According to the report there are currently 160,000 members of the “Ant Group” “蚁族” in Beijing. Their average income is 4,133 yuan (US$644) per month, which is US$88 below the average income level in all of Beijing. Close to 70 percent of the group resides in a living space that is less than 10 square meters (108 square feet) and pays monthly rent of 518 yuan (US$85).
[Editor’s note: The “Ant Group” refers to "low income college graduates" who are either unable to find jobs after they graduate or are college students who have taken low-income jobs while living somewhere between the urban and the rural areas.]
Source: Xinhua, June 9, 2013
http://news.xinhuanet.com/politics/2013-06/09/c_124836011.htm