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.

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.

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

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.

Minimum Wages in China increased to 2690 CNY/Month in 2025 from 2590 CNY/Month in 2024. This dataset provides - China Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

China Real Wage Index: Urban Non-private data was reported at 2,593.000 1978=100 in 2023. This records an increase from the previous number of 2,457.100 1978=100 for 2022. China Real Wage Index: Urban Non-private data is updated yearly, averaging 370.000 1978=100 from Dec 1979 (Median) to 2023, with 45 observations. The data reached an all-time high of 2,593.000 1978=100 in 2023 and a record low of 106.600 1978=100 in 1979. China Real Wage Index: Urban Non-private 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: Real Wage Index.

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.

Key information about China Labour Productivity Growth

• China Labour Productivity improved by 5.84 % YoY in Dec 2024, compared with a growth of 4.43 % in the previous year
• China Labour Productivity Growth data is updated yearly, available from Dec 1953 to Dec 2024, averaging at 7.34 %
• The data reached an all-time high of 15.12 % in Dec 1970 and a record low of -26.48 % in Dec 1961

CEIC calculates Labour Productivity Growth from annual Real GDP Index and annual Employment. The National Bureau of Statistics provides Real GDP, at 1978 prices. The Ministry of Human Resources and Social Security provides Employment. Employment excludes Foreign Nationals working within the country. Real GDP prior to 1979 is based on Real GDP PY=100.


Further information about China Labour Productivity Growth

• In the latest reports, China Population reached 1,408.28 Person mn in Dec 2024
• Its Unemployment Rate remained the same at 5.10 % in Dec 2024
• Monthly Earnings of China stood at 1,392.46 USD in Dec 2023
• The country's Labour Force Participation Rate increased to 65.83 % in Dec 2023

In 2024, the average annual per capita disposable income of rural households in China was approximately ****** yuan, roughly ** percent of the income of urban households. Although living standards in China’s rural areas have improved significantly over the past 20 years, the income gap between rural and urban households is still large. Income increase of China’s households From 2000 to 2020, disposable income per capita in China increased by around *** percent. The fast-growing economy has inevitably led to the rapid income increase. Furthermore, inflation has been maintained at a lower rate in recent years compared to other countries. While the number of millionaires in China has increased, many of its population are still living in humble conditions. Consequently, the significant wealth gap between China’s rich and poor has become a social problem across the country. However, in recent years rural areas have been catching up and disposable income has been growing faster than in the cities. This development is also reflected in the Gini coefficient for China, which has decreased since 2008. Urbanization in China The urban population in China surpassed its rural population for the first time in 2011. In fact, the share of the population residing in urban areas is continuing to increase. This is not surprising considering remote, rural areas are among the poorest areas in China. Currently, poverty alleviation has been prioritized by the Chinese government. The measures that the government has taken are related to relocation and job placement. With the transformation and expansion of cities to accommodate the influx of city dwellers, neighboring rural areas are required for the development of infrastructure. Accordingly, land acquisition by the government has resulted in monetary gain by some rural households.

China Standard of Monthly Minimum Wage data was reported at 1,060.000 RMB in 2011. This records an increase from the previous number of 870.000 RMB for 2010. China Standard of Monthly Minimum Wage data is updated yearly, averaging 641.000 RMB from Dec 2005 (Median) to 2011, with 6 observations. The data reached an all-time high of 1,060.000 RMB in 2011 and a record low of 367.500 RMB in 2005. China Standard of Monthly Minimum Wage data remains active status in CEIC and is reported by Ministry of Human Resources and Social Security. The data is categorized under China Premium Database’s Labour Market – Table CN.GC: Standard of Monthly Minimum Wage.

This graph shows the annual growth of corporate income tax revenue in China from 2014 to 2024. In 2024, revenues from corporate income tax in China decreased by *** percent compared to the previous year.

Hong Kong HK: Wages Index data was reported at 134.602 2010=100 in 2016. This records an increase from the previous number of 129.563 2010=100 for 2015. Hong Kong HK: Wages Index data is updated yearly, averaging 92.329 2010=100 from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 134.602 2010=100 in 2016 and a record low of 14.334 2010=100 in 1981. Hong Kong HK: Wages Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Hong Kong SAR – Table HK.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.

Disposable Personal Income in China increased to 54188 CNY in 2024 from 51821 CNY in 2023. This dataset provides - China Disposable Income per Capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Average Wage: On Duty: Guangdong: Shenzhen data was reported at 164,754.000 RMB in 2022. This records an increase from the previous number of 155,563.000 RMB for 2021. Average Wage: On Duty: Guangdong: Shenzhen data is updated yearly, averaging 25,941.000 RMB from Dec 1980 (Median) to 2022, with 43 observations. The data reached an all-time high of 164,754.000 RMB in 2022 and a record low of 979.000 RMB in 1980. Average Wage: On Duty: Guangdong: Shenzhen data remains active status in CEIC and is reported by Shenzhen 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 graph shows the annual change in personal income tax revenue in China from 2014 to 2024. In 2024, revenues from personal income tax in China decreased by around *** percent compared to the previous year.

Labour Costs in China decreased to 54.20 points in July from 59.90 points in June of 2025. This dataset provides - China Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

During the second quarter of 2025, average disposable income in China increased price-adjusted by *** percent compared to the previous year. For the whole year of 2024, the real increase in disposable income was *** percent.

In 2024, the gross domestic product (GDP) of China amounted to around 18.7 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and Brazil, China came first that year and second in the world GDP ranking. The stagnation of China's GDP in U.S. dollar terms in 2022 and 2023 was mainly due to the appreciation of the U.S. dollar. China's real GDP growth was 3.1 percent in 2022 and 5.4 percent in 2023. In 2024, per capita GDP in China reached around 13,300 U.S. dollars. Economic performance in China Gross domestic product (GDP) is a primary economic indicator. It measures the total value of all goods and services produced in an economy over a certain time period. China's economy used to grow quickly in the past, but the growth rate of China’s real GDP gradually slowed down in recent years, and year-on-year GDP growth is forecasted to range at only around four percent in the years after 2024. Since 2010, China has been the world’s second-largest economy, surpassing Japan.China’s emergence in the world’s economy has a lot to do with its status as the ‘world’s factory’. Since 2013, China is the largest export country in the world. Some argue that it is partly due to the undervalued Chinese currency. The Big Mac Index, a simplified and informal way to measure the purchasing power parity between different currencies, indicates that the Chinese currency yuan was roughly undervalued by 38 percent in 2024. GDP development Although the impressive economic development in China has led millions of people out of poverty, China is still not in the league of industrialized countries on the per capita basis. To name one example, the U.S. per capita economic output was more than six times as large as in China in 2024. Meanwhile, the Chinese society faces increased income disparities. The Gini coefficient of China, a widely used indicator of economic inequality, has been larger than 0.45 over the last decade, whereas 0.40 is the warning level for social unrest.

Disposable Income per Capita: Urban: Middle Income data was reported at 48,508.000 RMB in 2024. This records an increase from the previous number of 46,276.000 RMB for 2023. Disposable Income per Capita: Urban: Middle Income data is updated yearly, averaging 8,678.295 RMB from Dec 1985 (Median) to 2024, with 40 observations. The data reached an all-time high of 48,508.000 RMB in 2024 and a record low of 737.280 RMB in 1985. Disposable Income per Capita: Urban: Middle Income 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 by Income Level. Since 2013, All households in the sample are grouped, by per capita disposable income of the household, into groups of low income, lower middle income, middle income, upper middle income, and high income, each group consisting of 20%, 20%, 20%, 20%, and 20% of all households respectively.