China Minimum Wage 2024. 5 october 2023 1 min read. To maintain a fair and decent living standard, minimum wages in china are expected to increase in several provinces and cities.
As of april 12, 2023, shanghai has the highest monthly minimum wage among 31 provinces (rmb 2,590/us$400 per month), and beijing has the highest hourly minimum wage. As of february 19, 2024, shanghai has the highest monthly minimum wage among 31 provinces (rmb 2,690/us$370 per month), and beijing has the highest hourly minimum wage (rmb 26.4/us$3.7 per hour).
33 Rows So, What Is The Minimum Wage In China?
By law, regional and city.
From July 2023, The Minimum Wage In Shanghai Increased To Rmb 24 Per Hour And Rmb 2,690 Per Month.
Depending on the region, china’s official minimum wage in 2024 ranges from 1,450 to 2,690 yuan per month, equivalent to 200 to 370 u.s.
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Standard Of Monthly Minimum Wage:
Minimum wages in china remained unchanged at 2590 cny/month in 2024 from 2590 cny/month in 2023.
Minimum Wages In China Continue To Grow.
For china, the minimum wage represents a useful tool to reduce wage and income inequality, and in recent years, the minimum wage has risen rapidly in many.
