Nearly 92 percent of Chinese college students who graduated last year have found jobs, a similar rate to 2015 and 2016, and the employment rate of graduates from junior colleges and higher vocational schools was 92.1 percent, according to a survey by MyCOS, an educational research company.

Their average monthly income was 4,317 yuan (about 674.3 U.S. dollars), up from 3,988 yuan in 2016, according to MyCOS. This also compares to China's average per capita disposable income for urban residents, which stood at 3,033 yuan last year.

More graduates were employed by private enterprises as well as medium- and small-sized companies and micro businesses, and more students have found jobs elsewhere after they graduated from colleges in large cities like Beijing and Shanghai.