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 ******* yuan annually on average. That year, the year-on-year growth rate of the average salary ranged at *** percent nominally and *** 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 ****** to ******* 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 ******* yuan per year on average, whereas people in the financial service sector reached approximately ******* yuan. The hotels and catering sector ranked at the lower end with an average annual salary of around ****** 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.

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 to ******* yuan from ****** 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. ******** and ******* 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.

Average Wage Index: Urban Non-private: Hubei data was reported at 107.732 Prev Year=100 in 2023. This records an increase from the previous number of 104.530 Prev Year=100 for 2022. Average Wage Index: Urban Non-private: Hubei data is updated yearly, averaging 111.298 Prev Year=100 from Dec 1993 (Median) to 2023, with 31 observations. The data reached an all-time high of 138.100 Prev Year=100 in 1994 and a record low of 104.530 Prev Year=100 in 2022. Average Wage Index: Urban Non-private: Hubei 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.

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.

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.

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.

China Average Wage: Manufacturing data was reported at 58,049.000 RMB in 2017. This records an increase from the previous number of 54,338.000 RMB for 2016. China Average Wage: Manufacturing data is updated yearly, averaging 50,684.000 RMB from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 58,049.000 RMB in 2017 and a record low of 42,911.000 RMB in 2013. China Average Wage: 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.

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.

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.

This statistic shows the average yearly wage growth in China from 2010 to 2021. As of 2021, the average wages in China increased by 9.7 percent compared to the previous year.

Average Wage: Urban Non-private: Water Conservancy, Environment & Public Utility Management data was reported at 68,656.000 RMB in 2023. This records an increase from the previous number of 68,256.000 RMB for 2022. Average Wage: Urban Non-private: Water Conservancy, Environment & Public Utility Management data is updated yearly, averaging 36,123.000 RMB from Dec 2003 (Median) to 2023, with 21 observations. The data reached an all-time high of 68,656.000 RMB in 2023 and a record low of 11,774.000 RMB in 2003. Average Wage: Urban Non-private: Water Conservancy, Environment & Public Utility Management 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 Non-private.

In 2023, the average annual wage of employees in Beijing municipality in China amounted to approximately 188.4 thousand yuan. The average nominal wage more than doubled over the last decade.

In 2017, the average annual wage of full-time employees in the Shanghai municipality amounted to approximately 85,580 yuan. The average wage increased considerably over the years.

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.

Average Wage: On Duty: Henan: Zhengzhou data was reported at 105,620.000 RMB in 2023. This records an increase from the previous number of 97,244.000 RMB for 2022. Average Wage: On Duty: Henan: Zhengzhou data is updated yearly, averaging 31,307.265 RMB from Dec 1996 (Median) to 2023, with 28 observations. The data reached an all-time high of 105,620.000 RMB in 2023 and a record low of 6,093.000 RMB in 1996. Average Wage: On Duty: Henan: Zhengzhou data remains active status in CEIC and is reported by Zhengzhou 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 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.