What Is The Minimum Wage In China, A Look At Minimum Wages Around The World Business Insider

Instead the task of setting minimum wages is delegated to the local governments.

2020 minimum wage california by city. Instead each province city or other administrative units sets its own minimum wage according to its local economic. As different parts of china have very different standards of living china does not set one minimum wage for the entire nation. While the provinces of qinghai and fujian had announced their 2020 minimum wage increase last year guangxi is the only province to announce and implement an increase to their statutory wage after the coronavirus outbreak.

It is in fact a quite low salary for the chinese capital as the cost of living in beijing is already quite high. Although wage disparity is an issue in china this gap has gotten slightly smaller during the last decade. In the past decade china has been shifting from a cheap labor driven economy to more matured service.

Facts and statistics about china. Minimum wage in jiangsu 2020 november china. According to the countrys employment promotion plan minimum wages are.

As of 2019 the minimum salary in beijing china is of rmb 2200 per month or approximately usd 320. So far in 2020 fujian qinghai and guangxi have raised their minimum wages. Minimum wages in china continue to grow.

Chinas minimum wage was last changed in 12 nov 2016. In like a month a worker can earn up to 16107. China is a country located in the eastern asia region with a population of 1277558000 and an average life span of 714 years.

Minimum wage with effect from july 1 2017 minimum wages last checked 101019. It was introduced in 1994 but was only implemented in march 2004. The minimum wage in china is set locallyranging from rmb1000 per month in guangxi to rmb2190 per month in shanghai.

China does not set on minimum wage for the entire nation. In china minimum wage refers to the minimum monthly wage in shanghai as it is the highest figure. According to the 2020 data the minimum hourly wage in china per hour is around 152.

In 2020 the minimum hourly wage in beijing was the highest in china at 24 yuan per hour. Liaoning has a minimum wage of 1120 rmb per month hunan has a minimum wage of 1130 rmb per month and anhui has a monthly minimum wage of 1150 rmb. This rate varies depending on the city and provinces and their corresponding development.

Each province municipality or region sets its own minimum wage in accordance with its own local conditions.