Minimum Wages in China increased to 2420 CNY/Month in 2018 from 2300 CNY/Month in 2017. Minimum Wages in China averaged 1496.92 CNY/Month from 2006 until 2018, reaching an all time high of 2420 CNY/Month in 2018 and a record low of 690 CNY/Month in 2006.

Minimum Wages in China is expected to be 2420.00 CNY/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Minimum Monthly Wages is projected to trend around 2630.00 CNY/Month in 2020, according to our econometric models.

China Minimum Monthly Wages
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China Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.82 3.83 4.30 3.82 percent [+]
Employed Persons 77640.00 77603.00 77640.00 20729.00 Tens of Thousands [+]
Unemployed Persons 968.00 969.00 983.00 810.00 Tens of Thousands [+]
Labour Costs 104.80 104.60 110.40 103.30 Index Points [+]
Wages 74318.00 68993.00 74318.00 445.00 CNY/Year [+]
Wages in Manufacturing 64452.00 59470.00 64452.00 597.00 CNY/Year [+]
Minimum Wages 2420.00 2300.00 2420.00 690.00 CNY/Month [+]
Population 1390.08 1382.71 1390.08 551.96 Million [+]
Retirement Age Women 50.00 50.00 50.00 50.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]


China Minimum Monthly Wages

In China, minimum wage refers to the minimum monthly wage in Shanghai (as it is the highest figure). It was introduced in 1994 but was only implemented in March 2004. China does not set on minimum wage for the entire nation. Instead, each province, city or other administrative units sets its own minimum wage according to its local economic conditions. The minimum wage is divided into two kinds: monthly minimum wage applies to full-time workers and hourly minimum wage applies to part-time workers. . This page provides - China Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Minimum Monthly Wages - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2420.00 2300.00 2420.00 690.00 2006 - 2018 CNY/Month Yearly




Country Last Previous
Argentina 11300.00 Dec/18
Australia 719.20 Jul/18
Brazil 954.00 Dec/18
Canada 14.00 Dec/18
China 2420.00 Apr/18
France 1498.47 Dec/18
Germany 8.84 Jan/18
Indonesia 3.60 Jan/18
Japan 848.00 Dec/18
Mexico 88.36 Oct/18
Netherlands 1594.20 Dec/18
Russia 11163.00 May/18
South Korea 7530.00 Dec/18
Spain 858.55 Dec/18
Turkey 2029.50 Dec/18
United Kingdom 7.83 Apr/18
United States 7.25 Dec/18


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