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Wages in China increased to 120698 CNY/Year in 2023 from 114029 CNY/Year in 2022. This page provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The annual average wage of a typical Chinese employee is around 352,000 Yuan (USD 50,629). In this article, we’ll delve into the numerous details of China’s average salary. We’ll also talk about the legal provisions for wages and the advantages of outsourcing to China.
Average Salary in China in 2024. With almost double the average salaries in the last decade, the latest data on China’s average salary from 2022 was Yuan 114,029 (USD 16,233) annually in urban non-private sectors. The private sector has lower salaries, standing at Yuan 65,237 (USD 9,279).
In 2021, the average annual wage of employees in urban private units in China was 62,884 yuan, an increase of 5,157 yuan over the previous year, a nominal increase of [1] 8.9 percent, and the growth rate was 1.2 percentage points higher than that in 2020.
Average and Minimum Wages in China in 2024. May 15, 2023. Share This Post. In recent years, China has experienced significant economic growth, with wages rising across various industries. The country has become increasingly competitive in attracting top talent, both domestically and internationally.
Average salary of an employee in urban China 2022, by region. statistics. Overview. Employment. Unemployment. Wages. Migrant workers. Find the most relevant and recent facts on employment in...
GDP per capita (current US$) - China. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0.
In 2023, the nationwide per capita disposable income was 39,218 yuan, a nominal increase of 6.3 percent over the previous year, and the real increase of 6.1 percent after deducting price factor.
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...
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...