Home / Economic News / China Minimum Monthly Wages

China Minimum Monthly Wages

Minimum Wages in China increased to 2480 CNY/Month in 2019 from 2420 CNY/Month in 2018. Minimum Wages in China averaged 1567.14 CNY/Month from 2006 until 2019, reaching an all time high of 2480 CNY/Month in 2019 and a record low of 690 CNY/Month in 2006. 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.
Read Full Story

Latest posts by Economics Editor (see all)