Latest News:  


One Chinese student can provide for a US family


08:34, June 27, 2013

The recent development of the "International Students Economy" is a major feature in the US' path to economic recovery, according to New York city mayor Michael Bloomberg.

Bloomberg made the remarks at the graduation ceremony held on June 16 in Stanford University, that the immigrant-based economy has become a new driving force in the US' economic recovery.

He also calls for a change of government policy on immigration. He even suggests that every student who studies science, technology, mathematics or engineering should receive a green card when he gets the diploma.

The latest statistics show that foreign students contribute over 20 billion dollars to the US economy every year, while Chinese students make up 4.4 billion.

The annual expense of a Chinese student in the US can easily provide for a normal American family, according to research.

The daily expense of a Chinese foreign student reaches an average of 1500 US dollars per month. With the addition of the tuition fee, their annual contribution to the US economy is at least 50,000 US dollars.

A total of 1.5 million yuan has to be put in the budget for four years of study in the US, including 200,000 yuan for pre-enrollment preparation and 1.2 million for the tuition.

A normal American family makes 20,189 US dollars a year according to the income survey of the forth season in 2011, published in April, 2012.

We recommend:

Top 10 rarest albino animals in the world

Seven most amazing lakes in New Zealand

Most beautiful Chinese celebs

Sexy photos of Chinese diving show stars

Top 10 special 'small' countries

Lin Chi-ling promotes online game

World's most extravagant mobile home

Joe Chen covers Modern Lady

Fans at FIFA's Confederations Cup

Email|Print|Comments(Editor:LiXiang、Zhang Qian)

Leave your comment0 comments

  1. Name


Selections for you

  1. Special forces in joint training

  2. J-15 fighter fastened on aircraft carrier

  3. Best photos of week (June 17 - June 23)

  4. Terraced fields in SW China

  5. China's weekly story (2013 6.15-6.21)

  6. Photos: Hazy life in Beijing

  7. Camacho's embarrassing records

  8. Cos girls shining at Kafu Comic-Con

  9. Chinese shares extend losses

  10. Highlights of luxury China 2013

Most Popular


  1. Money not the answer to all problems
  2. Syria conference unlikely to be in July
  3. Snowden not on board flight to Cuba
  4. Cause of human rights should ground in reality
  5. Snowden case should not affect Sino-U.S. ties
  6. Chinese consumer spending weakens
  7. Think tank has huge potential for development
  8. Why top scorers in Gaokao choose to go abroad
  9. Mobile Web alters Internet industry
  10. Stocks plunge, analysts eye liquidity

What’s happening in China

Wait and See!
I can catch you, rats

  1. Shanghai reports 1 H7N9 death
  2. 5 dead, 23 injured in NW China road accident
  3. Rehab centers face obstacles in China
  4. Sniffer dogs get new life with families
  5. Chemical plant blaze blamed on illegal work