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.

This statistic shows the average annual salary of employees in non-private enterprises and organizations in urban China in 2023, by region. In 2023, an employee in the urban regions of the Chinese Jiangsu province earned around 125,100 yuan per annum on average. The national average reached about 120,700 yuan that year. Aside from regional discrepancies, the respective industry had a large influence on the average annual salary of employees in urban China. Employees in the IT sector of China earned about 231,800 yuan on average, whereas people employed in the hotel and catering sector had an average annual salary of about 58,100 yuan in 2023.

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.

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.

Key information about China Monthly Earnings

• China Monthly Earnings stood at 1,392 USD in Dec 2023, compared with the previous figure of 1,336 USD in Dec 2022
• China Monthly Earnings data is updated quarterly, available from Mar 2000 to Dec 2023, with an average number of 349 USD
• The data reached the an all-time high of 1,393 USD in Dec 2021 and a record low of 83 USD in Jun 2000

CEIC calculates Monthly Earnings from quarterly Earnings divided by 3 and converts it into USD. The National Bureau of Statistics provides year-to-date Average Wage in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Monthly Earnings cover urban population only.


Further information about China Monthly Earnings

• In the latest reports, China Population reached 1,410 million people in Dec 2023
• Unemployment Rate of China dropped to 5 % in Jun 2024
• The country's Labour Force Participation Rate dropped to 66 % in Dec 2023

This statistic shows the average annual salary of employees in not privately held companies and organizations in urban China in 2023, by sector. In 2023, the average annual wage of a construction worker in urban China was around 85,800 yuan, compared to 78,300 in the previous year. IT, research, and financial services are sectors where the average income is the highest.

Average Wage Index: Urban Non-private: Shandong data was reported at 104.777 Prev Year=100 in 2023. This records a decrease from the previous number of 107.892 Prev Year=100 for 2022. Average Wage Index: Urban Non-private: Shandong data is updated yearly, averaging 112.100 Prev Year=100 from Dec 1993 (Median) to 2023, with 31 observations. The data reached an all-time high of 137.800 Prev Year=100 in 1994 and a record low of 104.400 Prev Year=100 in 1998. Average Wage Index: Urban Non-private: Shandong 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 Index.

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.

CN: Average Wage Index: Urban Non-private: Education data was reported at 103.000 Prev Year=100 in 2023. This records a decrease from the previous number of 108.107 Prev Year=100 for 2022. CN: Average Wage Index: Urban Non-private: Education data is updated yearly, averaging 110.755 Prev Year=100 from Dec 2004 (Median) to 2023, with 19 observations. The data reached an all-time high of 117.695 Prev Year=100 in 2015 and a record low of 103.000 Prev Year=100 in 2023. CN: Average Wage Index: Urban Non-private: Education 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 Index.

This statistic shows the average yearly wages in the manufacturing sector in China from 2012 to 2022. In 2022, the average wages in manufacturing in China increased to approximately 97,500 yuan from 92,500 yuan in the previous year.

Average Wage: On Duty: Shandong: Yantai data was reported at 96,568.000 RMB in 2021. This records an increase from the previous number of 88,339.000 RMB for 2020. Average Wage: On Duty: Shandong: Yantai data is updated yearly, averaging 29,958.705 RMB from Dec 1996 (Median) to 2021, with 26 observations. The data reached an all-time high of 96,568.000 RMB in 2021 and a record low of 5,603.000 RMB in 1996. Average Wage: On Duty: Shandong: Yantai data remains active status in CEIC and is reported by Yantai 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.

Average Wage: Guangdong: Jiangmen: Taishan data was reported at 67,785.000 RMB in 2019. This records an increase from the previous number of 65,053.000 RMB for 2018. Average Wage: Guangdong: Jiangmen: Taishan data is updated yearly, averaging 26,177.000 RMB from Dec 2004 (Median) to 2019, with 16 observations. The data reached an all-time high of 67,785.000 RMB in 2019 and a record low of 9,816.000 RMB in 2004. Average Wage: Guangdong: Jiangmen: Taishan 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.GK: Average Wage: County Level Region.

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.

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.

Average Wage: Yunnan: Dali data was reported at 103,299.050 RMB in 2022. This records an increase from the previous number of 100,702.000 RMB for 2021. Average Wage: Yunnan: Dali data is updated yearly, averaging 46,000.000 RMB from Dec 2005 (Median) to 2022, with 17 observations. The data reached an all-time high of 103,299.050 RMB in 2022 and a record low of 15,155.000 RMB in 2005. Average Wage: Yunnan: Dali data remains active status in CEIC and is reported by Dali Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GP: Average Wage: Prefecture Level Region.

Explore the progression of average salaries for graduates in Chinese Traditional Dance from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Chinese Traditional Dance relative to other fields. This data is essential for students assessing the return on investment of their education in Chinese Traditional Dance, providing a clear picture of financial prospects post-graduation.

The graph shows average monthly salaries of college and university graduates in China until 2023. In 2023, the average monthly salary of bachelor graduates in China had ranged at 6,050 yuan.

Explore the progression of average salaries for graduates in Chinese Language Pedagogy from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Chinese Language Pedagogy relative to other fields. This data is essential for students assessing the return on investment of their education in Chinese Language Pedagogy, providing a clear picture of financial prospects post-graduation.

Explore the progression of average salaries for graduates in Chinese Cooking Skills from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Chinese Cooking Skills relative to other fields. This data is essential for students assessing the return on investment of their education in Chinese Cooking Skills, providing a clear picture of financial prospects post-graduation.

Explore the progression of average salaries for graduates in Chinese Medicine In Acupuncture & Moxibustion from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Chinese Medicine In Acupuncture & Moxibustion relative to other fields. This data is essential for students assessing the return on investment of their education in Chinese Medicine In Acupuncture & Moxibustion, providing a clear picture of financial prospects post-graduation.