Minimum Wages in China remained unchanged at 2590 CNY/Month in 2024 from 2590 CNY/Month in 2023. Minimum Wages in China averaged 1830.53 CNY/Month from 2006 until 2024, reaching an all time high of 2590.00 CNY/Month in 2021 and a record low of 690.00 CNY/Month in 2006. source: Ministry of Human Resources and Social Security, China

Minimum Wages in China is expected to reach 2650.00 CNY/Month by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Minimum Monthly Wages is projected to trend around 2650.00 CNY/Month in 2025, according to our econometric models.

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China Minimum Monthly Wages

Related Last Previous Unit Reference
Employed Persons 73351.00 74652.00 Tens of Thousands Dec 2022
Unemployed Persons 1102.00 1040.00 Tens of Thousands Mar 2022
Job Vacancies 4380000.00 4890000.00 Dec 2018
Minimum Wages 2590.00 2590.00 CNY/Month Jan 2024

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.
Actual Previous Highest Lowest Dates Unit Frequency
2590.00 2590.00 2590.00 690.00 2006 - 2024 CNY/Month Yearly