New Round of Minimum Wage Increases Across China

Minimum wages across China have recently increased to conform with government regulations which require that minimum wages across various regions be raised at least once every two years, according to Dezan Shira & Associates.

 

According to data recently released by China’s Ministry of Human Resources and Social Security, 23 regions in the country adjusted their minimum wage levels in 2012, including: Beijing, Sichuan, Jiangxi, Shaanxi, Shenzhen, Shangdong, Shanghai, Tianjin, Guangxi, Ningxia, Gansu, Shanxi, Yunnan, Chongqing, Jiangsu, Xinjiang, Fujian, Hainan, Qinghai, Hunan, Hebei, Inner Mongolia and Heilongjiang.

 

From January 1, 2013, Beijing and Shaanxi have raised their minimum wage payments for the second consecutive year.

 

The monthly minimum wage in Beijing will be raised from RMB1,260 to RMB1,400 (US$202 to $225), while in Shaanxi it will be increased from RMB1,000 to RMB1,150 ($160 to $184).

 

Also effective from January 1, Zhejiang Province, which last adjusted its minimum wage levels in April 2011, will raise its monthly minimum wages by 12.2 percent, from RMB1,310 to RMB1,470 ($210 to $236).

 

The latest figures suggest that after the latest round of adjustments, Shenzhen will still hold the highest minimum wages in the country at RMB1,500 ($241), followed by Zhejiang at RMB1,470 ($236).

 

Beijing will still have the nation’s highest hourly wage rate at RMB15.2 ($2.44), followed by Xinjiang and Shenzhen at RMB13.4 ($2.15) and RMB13.3 ($2.13), respectively.

 

From 2008 to 2012, minimum wage levels across the country have registered an average 12.6 percent annual growth rate.
 

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