Wages in China increased to 120698 CNY/Year in 2023 from 114029 CNY/Year in 2022. Wages in China averaged 19852.53 CNY/Year from 1952 until 2024, reaching an all time high of 124110.00 CNY/Year in 2024 and a record low of 445.00 CNY/Year in 1952. source: National Bureau of Statistics of China
Wages in China is expected to reach 125000.00 CNY/Year by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Average Yearly Wages is projected to trend around 129000.00 CNY/Year in 2026 and 132000.00 CNY/Year in 2027, according to our econometric models.