Minimum wage in china Beijing is the highest hourly minimum wage in China. 8 per month, that is 2,950 euros per year, taking into account 12 payments per year. 9 per hour). Compare the wage differences among provinces, regions, and cities, and learn how minimum wages affect employers, employees, and the economy. federal minimum hourly wage has stayed at $7. A large regional variation exists in the period studied, and the regional variation has been declining since the late 1990s 3. We first introduce the institutional background of China’s minimum-wage policy and then describe the regional variation of the minimum wages using detailed minimum-wage data since the late 1990s. 2. See the latest monthly and hourly minimum wages across China as of 2024. Find a link to Dezan Shira & Associates' online Individual Income Tax calculator. Nov 27, 2015 · Since China promulgated new minimum wage regulations in 2004, the frequency and magnitude of changes in minimum wages have been substantial. It was introduced in 1994 but was only implemented in March 2004. Learn about China's provincial minimum wage systems and rates, and how overtime is calculated. As of February 19, 2024, Shanghai has the highest monthly minimum wage among 31 provinces at RMB 2,690 (US$370) per month, and Beijing has the highest hourly minimum wage at RMB 26. 60). 3/US$3. 8 (US$3. Jun 25, 2024 · The minimum wage in China is a dynamic factor that changes not only over time but also between different provinces. In China, minimum wage refers to the minimum monthly wage in Shanghai (as it is the highest figure). by IBON Foundation Jan 9, 2025 · Find out the monthly and hourly minimum wage levels in China for 2024, based on official announcements and news reports. 7) per hour. Nov 1, 2018 · Moreover, China is a showcase in terms of low wages: in 2004, the average Chinese monthly manufacturing wage was 141 Dollars, versus 342 Dollars in Mexico and over 2500 Dollars in the US. 14 US dollar in August 2020. April 9, 2025. All wages are in Chinese currency. Compare the salaries in China with other Asian countries and the cost of living in China. 25, 2021. For example, in Shanghai you can expect minimum wage to be around RMB 16/hour. In China, the minimum wage is set by local governments based on the needs and conditions of their respective regions. (One Chinese yuan = 0. 1) to RMB 24. Learn how China sets different minimum wages for each province, municipality, or region based on local conditions and standards of living. In China, supporters of minimum wages advocate them as a way to assist individuals or families to achieve self-sufficiency and to protect workers in low-paid occupations (Zhang and Deng 2005; Sun 2006). What are the procedures for minimum wage setting at the city and provincial levels in China, and is there a “race to the top” in mini-mum wage standards among local governments? 3. S. If we look at the minimum salary in Chinese yuan, which is the official currency in China, we can see that, this year, it was 1,930 Chinese yuan and accordingly, the national minimum wage has remained stable, while the CPI of 2023 which was Apr 28, 2016 · This paper analyzes the regional variation of minimum wage in China. ) For detailed information, please read the report. See how the regional differences reflect the cost of living, economic development and labor market trends. Whereas in Beijing is can be RMB 26. Jan 7, 2025 · Activists appeal for a $15 minimum wage near the Capitol in Washington on Feb. The U. The Chinese cities with the highest minimum wages in 2021 are Shanghai (2590CNY nominal minimum wage increased steadily from 169 RMB to 301 RMB, amounting to a 78 percent growth in 9 years. Read more May 26, 2020 · Since China enacted its new minimum wage regulations in 2004, minimum wages have sparked intense debate in the country. The minimum wage in China is set locally,ranging from RMB1,000 per month in Guangxi to RMB2,190 per month in Shanghai. What are the wage and employment effects of China’s minimum wage? 2. According to the Minimum Wage Regulation of 2004, multiple minimum wages are allowed in the same province. The minimum wage in China ranged between 1,600 to 2,700 Yuan per month (about $220 to $370), for full time employees. 25 since 2009, while China's has increased by nearly Mar 5, 2025 · In 2025, the minimum wage in China’s Jiangsu province amounted to between 2,010 and 2,490 yuan per month, depending on the district. Compare the monthly and hourly minimum wages, and see the effective dates of the adjustments. Jan 2, 2023 · On the opposite side of the spectrum, the provinces in China with the highest minimum wages in 2021 (excluding the four direct-administered municipalities of China: Shanghai, Beijing, Tianjin and Chongqing) are Zhejiang (2063CNY) and Jiangsu (2010 CNY) province. 16 hours ago · Minimum Wage and Family Living Wage per region, as of March 2025. China does not set on minimum wage for the entire nation. When deciding whether to raise the minimum wage, local governments frequently consider the state of the economy, inflation, and the average In China, the minimum wage an employee can earn depends on the province. Find out the minimum wage by province/city, the average salary by region and sector, and the highest paying professions in China in 2024. . This result is worse than most of the developed 1 MINIMUM WAGES IN CHINA: OVERVIEW AND KEY FINDINGS 3 1. Most countries have a nation-wide minimum wage that all workers must be paid. The minimum wage in China has received increased attention because of the growing income inequality and the vulnerable position of low-wage migrant workers who are flooding into cities. Dec 27, 2022 · The minimum wage laws in China applies to all companies, regardless of size or location, and the minimum wages are set according to the standards of each region. 80), and the yearly minimum wage would be approximately 31080 CNY (about USD 4,257. May 15, 2023 · Shanghai continues to lead the nation with the highest monthly minimum wage, set at RMB 2,800, while cities in less developed regions, such as Qinghai Province, maintain rates as low as RMB 1,760 per month. The minimum wages range from $210-$305 US dollars per month for the national minimum wage, and from $225-$320 US dollars for the local minimum wage. Instead, each province, city or other administrative units sets its own minimum wage according to its local economic Feb 19, 2024 · Hourly Minimum Wage in China. 4/hour. What is the China Minimum Wage? China's Minimum Wage is the lowest amount a worker can be legally paid for his work. Periodic modifications to minimum wage rates may be made annually or less frequently in some cases, with the majority of provinces having updated their rates in 2023. Unlike in many developed countries that set a unique minimum wage level for the entire country, China authorizes provincial governments to set the local MW, which can vary across counties within the same province. Despite being a dynamic factor, it is often a significant consideration for international companies who are in the process of a China market entry, and who are planning to hire local employees in China (even if these same employees will be paid far above the minimum wage). May 26, 2020 · Finding 3: minimum wages had a small negative effect on employment and a positive effect on working hours for migrant workers. In 2010, 13% of workers in the sample earn wages below local minimum wages. demonstrate the most updated minimum wage standards for all provinces, autonomous regions and municipalities in China. 1 Finally, as shown in Figs. However, since China issued the new minimum wage regulations in 2004, the nominal minimum wage has increased rapidly by more than 200 percent, reaching 944 In 2024, the national minimum wage in China remained fixed at €245. Jul 8, 2024 · Overview of Minimum Wage Policy in China. As of April 12, 2023, Shanghai has the highest monthly minimum wage among 31 provinces (RMB 2,590/US$400 per month), and Beijing has the highest hourly minimum wage (RMB 25. 4 (US$3. Shanghai and Guangdong (including Shenzhen) are also among the regions with the highest hourly minimum wage rates, which range from RMB 22. Heilongjiang October,1， 2017 Minimum Minimum Hourly Regions Monthly Wage Wage After Apr 27, 2023 · Overview of Minimum Wages in China. This paper uses county-level minimum wage data combined with urban household survey micro-dataset from 16 representative provinces as a merged county-level panel to estimate the employment effects of minimum wage changes in China over the 2002–2009 period. Mar 5, 2025 · Compare the minimum hourly wages in different provinces and municipalities of China in 2024. In terms of hourly minimum wage, Beijing has the highest rate in China, which is RMB 26. This decentralised approach Dec 21, 2023 · Determining the Minimum Wage in China. Mar 21, 2025 · Find out the latest minimum wage levels in 31 provinces and regions of China, as well as the factors that determine them. 2 The Level of Minimum Wages in China Unlike many developed economies, China does not set up a universal national minimum wage, while the provincial governments are respon-sible for minimum wage adjustments in each province. Each province and city determines its minimum wage levels, considering factors like regional cost of living and economic development [1]. , 2021; Howell, 2020). 1 and 2 in the Appendix, there is considerable variation in both the level and growth-rate of the minimum wage in the 261 Chinese May 26, 2020 · This chapter describes the history of the minimum wage system in China and analyzes its enforcement by utilizing various sources of data. These updates reflect China’s efforts to balance economic development and workers’ welfare. 4) per hour. Twenty-one regions, including Anhui, Beijing, Chongqing, Fujian, Gansu, Guangdong (including Shenzhen), Hainan, Hebei, Henan, Hubei, Jiangsu, Jiangxi Sep 1, 2021 · China's minimum wage institution was formalized in 1994 under the Labor Law (Geng et al. Minimum wage policies in China set a baseline standard of living for workers, reflecting diverse economic conditions across regions. The specific rate is determined on locally for approximately 100 different wage districts as shown in the chart below. Jul 21, 2024 · In China, the minimum monthly wage varies by region, but as of 2023, it remained at 2590 CNY (about USD 354. China's minimum wage was last Minimum wages in China continue to rise. qlfdz wvcs rynbzb ilppip zmave nkqa pacz lbjjplc shcb buywusn wntbrx rfoyqp aloamt bawz qpkqm