Wages in China increased to 120698 CNY/Year in 2023 from 114029 CNY/Year in 2022. This dataset provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the average annual per capita disposable income of households in China amounted to approximately 41,300 yuan. Annual per capita income in Chinese saw a significant rise over the last decades and is still rising at a high pace. During the last ten years, per capita disposable income roughly doubled in China. Income distribution in China As an emerging economy, China faces a large number of development challenges, one of the most pressing issues being income inequality. The income gap between rural and urban areas has been stirring social unrest in China and poses a serious threat to the dogma of a “harmonious society” proclaimed by the communist party. In contrast to the disposable income of urban households, which reached around 54,200 yuan in 2024, that of rural households only amounted to around 23,100 yuan. Coinciding with the urban-rural income gap, income disparities between coastal and western regions in China have become apparent. As of 2023, households in Shanghai and Beijing displayed the highest average annual income of around 84,800 and 81,900 yuan respectively, followed by Zhejiang province with 63,800 yuan. Gansu, a province located in the West of China, had the lowest average annual per capita household income in China with merely 25,000 yuan. Income inequality in China The Gini coefficient is the most commonly used measure of income inequality. For China, the official Gini coefficient also indicates the astonishing inequality of income distribution in the country. Although the Gini coefficient has dropped from its high in 2008 at 49.1 points, it still ranged at a score of 46.5 points in 2023. The United Nations have set an index value of 40 as a warning level for serious inequality in a society.

In 2023, an employee working for a not privately held company or organization in urban areas of China earned around 120,698 yuan annually on average. That year, the year-on-year growth rate of the average salary ranged at 5.8 percent nominally and 5.5 percent real.

Regional differences in salary levels

Salary levels in urban China have seen a significant rise between 2013 and 2023. During that period, average annual salaries of employees in non-private urban units have grown from around 51,500 to 120,700 yuan per year. Yet as of 2022, large income disparities still existed between different regions in China. While employees in Shanghai enjoyed the highest annual salaries on average, Henan province and Jilin province in central and northeastern China displayed the lowest average annual salaries. Regions with lower income levels are mainly located in central China or in the former centers of steel and heavy industry in Northeast China, whereas the coastal regions and municipalities in general still provide comparatively higher salaries.

Occupational salary differences

Moreover, a considerable salary discrepancy exists between different occupational groups in China. As of 2023, people working in IT services were atop the list earning about 231,800 yuan per year on average, whereas people in the financial service sector reached approximately 197,700 yuan. The hotels and catering sector ranked at the lower end with an average annual salary of around 58,100 yuan.

Key information about China Household Income per Capita

• China Annual Household Income per Capita reached 4,805.935 USD in Dec 2013, compared with the previous value of 4,273.467 USD in Dec 2012.
• China Annual Household Income per Capita data is updated yearly, available from Dec 1985 to Dec 2013, with an averaged value of 711.353 USD.
• The data reached an all-time high of 4,805.935 USD in Dec 2013 and a record low of 262.918 USD in Dec 1986.
• In the latest reports, Retail Sales of China grew 12.700 % YoY in May 2023.

CEIC converts Annual Household Income per Capita into USD. The National Bureau of Statistics provides Average Household Income per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Household Income covers urban area only.

China is the largest labor force market in the world. China’s economic prosperity wouldn’t exist without the large number of people working in this country. With increasing living standards and growing inflation, the wages of employees in China are increasing as well. As of 2022, average wages in China increased to114,029 yuan from 47,593 yuan in 2012.

Wage gap between regions

The wages vary in China depending on sector, position, gender and region like in any other country. Since China’s different regions have developed unequally, the wage gaps between people working in different regions can also be very large. This is a reason for no single minimum wage being set for the entire nation. The local governments set minimum wages based on local living standards. Considering the city tier, the wage standards are higher in cities with higher rankings. Shanghai and Beijing have the highest minimum wage standards in China. Although the minimum wages in China have been increasing, the standards are still lower than in developed countries.

Challenges of increasing labor costs

Increasing wages also make the labor force market less attractive. Affected by increasing labor costs and the China-United States trade war, many companies are transferring their investment destinations, especially in the manufacturing sector. Local governments are also taking measures to ensure the living costs remain at a reasonable level to retain companies and employees. These measures include regulating the residential housing market more strictly.

Wages in Manufacturing in China increased to 103932 CNY/Year in 2023 from 97528 CNY/Year in 2022. This dataset provides - China Average Yearly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China Average Wage: SOU: Manufacturing data was reported at 109,987.000 RMB in 2023. This records a decrease from the previous number of 118,127.000 RMB for 2022. China Average Wage: SOU: Manufacturing data is updated yearly, averaging 9,072.000 RMB from Dec 1978 (Median) to 2023, with 46 observations. The data reached an all-time high of 118,127.000 RMB in 2022 and a record low of 663.000 RMB in 1978. China Average Wage: SOU: Manufacturing data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GC: Average Wage: by Industry: Urban State Owned Unit.

Average Wage: On Duty: Guangxi: Beihai data was reported at 90,759.650 RMB in 2022. This records an increase from the previous number of 85,954.000 RMB for 2021. Average Wage: On Duty: Guangxi: Beihai data is updated yearly, averaging 24,761.280 RMB from Dec 1996 (Median) to 2022, with 27 observations. The data reached an all-time high of 90,759.650 RMB in 2022 and a record low of 5,650.000 RMB in 1996. Average Wage: On Duty: Guangxi: Beihai data remains active status in CEIC and is reported by Beihai Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GG: Average Wage: On Duty: Prefecture Level City.

This statistic shows the provincial capitals and cities in China with the highest average wage in 2022. At this time, the average wage in non-private companies in Beijing was around 215,100 yuan per annum.

About this dataset

Context

The dataset presents a breakdown of households across various income brackets in China, TX, as reported by the U.S. Census Bureau. The Census Bureau classifies households into different categories, including total households, family households, and non-family households. Our analysis of U.S. Census Bureau American Community Survey data for China, TX reveals how household income distribution varies among these categories. The dataset highlights the variation in number of households with income, offering valuable insights into the distribution of China households based on income levels.

Key observations

• For Family Households: In China, the majority of family households, representing 26.79%, earn $100,000 to $124,999, showcasing a substantial share of the community families falling within this income bracket. Conversely, the minority of family households, comprising 0.0%, have incomes falling $35,000 to $39,999, representing a smaller but still significant segment of the community.
• For Non-Family Households: In China, the majority of non-family households, accounting for 22.06%, have income $10,000 to $14,999, indicating that a substantial portion of non-family households falls within this income bracket. On the other hand, the minority of non-family households, comprising 0.0%, earn $35,000 to $39,999, representing a smaller, yet notable, portion of non-family households in the community.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Income Level: The income level represents the income brackets ranging from Less than $10,000 to $200,000 or more in China, TX (As mentioned above).
• All Households: Count of households for the specified income level
• % All Households: Percentage of households at the specified income level relative to the total households in China, TX
• Family Households: Count of family households for the specified income level
• % Family Households: Percentage of family households at the specified income level relative to the total family households in China, TX
• Non-Family Households: Count of non-family households for the specified income level
• % Non-Family Households: Percentage of non-family households at the specified income level relative to the total non-family households in China, TX

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for China median household income. You can refer the same here

China Average Monthly Income: Migrant Worker: Goes Out data was reported at 4,893.000 RMB in Sep 2024. This records an increase from the previous number of 4,828.000 RMB for Jun 2024. China Average Monthly Income: Migrant Worker: Goes Out data is updated quarterly, averaging 3,432.000 RMB from Dec 2008 (Median) to Sep 2024, with 62 observations. The data reached an all-time high of 5,441.000 RMB in Dec 2023 and a record low of 1,340.000 RMB in Dec 2008. China Average Monthly Income: Migrant Worker: Goes Out data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GC: Average Income: Migrant Worker.

About this dataset

Context

The dataset illustrates the median household income in China, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2023, the median household income for China decreased by $27,313 (32.62%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.

Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 6 years and declined for 7 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 0223

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2023
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2023 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for China median household income. You can refer the same here

China Disposable Income per Capita: Year to Date: Median data was reported at 34,707.000 RMB in Dec 2024. This records an increase from the previous number of 25,978.000 RMB for Sep 2024. China Disposable Income per Capita: Year to Date: Median data is updated quarterly, averaging 15,228.500 RMB from Mar 2013 (Median) to Dec 2024, with 48 observations. The data reached an all-time high of 34,707.000 RMB in Dec 2024 and a record low of 4,117.200 RMB in Mar 2013. China Disposable Income per Capita: Year to Date: Median data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Income per Capita.

The Gross Domestic Product per capita in China was last recorded at 12175.20 US dollars in 2023. The GDP per Capita in China is equivalent to 96 percent of the world's average. This dataset provides - China GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Disposable Personal Income in China increased to 51821 CNY in 2023 from 49282.94 CNY in 2022. This dataset provides - China Disposable Income per Capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in China, Maine, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 21,283, while the mean income for the highest quintile (20% of households with the highest income) is 236,557. This indicates that the top earners earn 11 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 401,757, which is 169.84% higher compared to the highest quintile, and 1887.69% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for China town median household income. You can refer the same here

Average Wage: Guizhou: South Guizhou data was reported at 94,821.000 RMB in 2023. This records an increase from the previous number of 92,881.000 RMB for 2022. Average Wage: Guizhou: South Guizhou data is updated yearly, averaging 57,270.000 RMB from Dec 2005 (Median) to 2023, with 18 observations. The data reached an all-time high of 94,821.000 RMB in 2023 and a record low of 14,054.000 RMB in 2005. Average Wage: Guizhou: South Guizhou data remains active status in CEIC and is reported by South Guizhou Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GP: Average Wage: Prefecture Level Region.

Average Wage: On Duty: Guangdong: Chaozhou data was reported at 85,052.000 RMB in 2021. This records an increase from the previous number of 83,437.000 RMB for 2020. Average Wage: On Duty: Guangdong: Chaozhou data is updated yearly, averaging 20,600.985 RMB from Dec 1996 (Median) to 2021, with 26 observations. The data reached an all-time high of 85,052.000 RMB in 2021 and a record low of 6,200.000 RMB in 1996. Average Wage: On Duty: Guangdong: Chaozhou data remains active status in CEIC and is reported by Chaozhou Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GG: Average Wage: On Duty: Prefecture Level City.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in China Grove. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in China Grove. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in China Grove, householders within the under 25 years age group have the highest median household income at $91,094, followed by those in the 45 to 64 years age group with an income of $63,697. Meanwhile householders within the 25 to 44 years age group report the second lowest median household income of $60,298. Notably, householders within the 65 years and over age group, had the lowest median household income at $33,633.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for China Grove median household income by age. You can refer the same here

Key information about Macau SAR (China) Household Income per Capita

• Macau SAR (China) Annual Household Income per Capita reached 30,968.238 USD in Sep 2023, compared with the previous value of 27,192.015 USD in Sep 2018.
• Macau SAR (China) Annual Household Income per Capita data is updated yearly, available from Sep 2003 to Sep 2023, with an averaged value of 20,368.866 USD.
• The data reached an all-time high of 30,968.238 USD in Sep 2023 and a record low of 7,184.882 USD in Sep 2003.
• In the latest reports, Retail Sales of Macau SAR (China) dropped 23.830 % YoY in Jun 2024.

CEIC calculates Annual Household Income per Capita from Monthly Average Household Income per Capita multiplied by 12 and converts it into USD. Statistics and Census Service provides Average Household Income per Capita in local currency. The Monetary Authority of Macau average market exchange rate is used for currency conversions. Household Income per Capita is in annual frequency, ending in September of each year.