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As of 21 Feb 2023, Shanghai has the highest monthly minimum wage in China's mainland, at 2,590 RMB per month, while Beijing has the highest hourly wage in China's mainland, at 25.3 RMB per hour. Liaoning has the lowest monthly minimum wage in China's mainland, at 1,420 RMB per month, and Heilongjiang has the lowest hourly minimum wage in China ...
As of January 3, 2022, effective state minimum wage rates range from US$7.25 to US$16.66 per hour, with an average of about $12.00 across all minimum wage workers as of 2019. [ 236 ] [ 237 ] [ 238 ] Local government minimum wages exist as well, the highest of which reach to $17.13 per hour.
This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar. The chart below reflects the average (mean) wage as reported by various data providers.
China: 15.4 2023 Sri Lanka: 14.9 2023 ... GDP per hour worked 1970–2022 (2015=100) Country 1970 1980 1990 2000 ... List of countries by minimum wage;
Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.
The minimum wage policy helps reduce the total income gap at the bottom end of income distribution, and the minimum wage regulations may cause unemployment for low-wage workers, especially in the eastern and central regions. [5] In 2016, the average minimum wage in the eastern area was RMB 1663 while it was RMB 1503 in the western region.
Critics argue that the 996 working hour system is a violation of the Labour Law of the People's Republic of China and have called it "modern slavery". [7] [8] In March 2019, an "anti-996" protest was launched via GitHub. [9] [10] [11] Since then, the 996 issue has been met with growing discontent in China. [12] [13] [14]
List of 31 provincial-level administrative divisions in mainland China by Nominal GDP in 2023 (billions of GDP) [1] Average exchange rate in 2023: CNY 7.0467 per USD [2] (PPP no longer included in the table for frequent changes in its index) Rank Provinces GDP (CN¥) GDP (US$) nominal growth (%) real growth (%) Share (%) China(Mainland) 126,058 ...