average salary in china in dollars

For example, as of September 2018, levels in the city of Shanghai are as high as 2,420 RMB per month (and 20RMB per hour). Few regions, however, reach this target, and data for 2018 (here) shows that most cities have minimums of around 25% of the actual wage, and as low as 20% in the larger cities. © FDI China | All Rights Reserved | Privacy Policy | Terms of Service. There’s usually a noticeable difference among these cities in terms of the average salary standard, cost of living, city infrastructure and business opportunities etc. Average salary in China is CNY 303,987 (US$ 47,308). As of 2012, they include the following salary examples: Salaries at the lower end of approximately 19k to 28k US$ for junior ESL teachers in China, or front office/account manager roles in sales, marketing or communications of 32k to 44k US$. For inbound investors, the growing appeal has been to take advantage of a rapidly rising domestic market, rather than a cheap labor pool. It is mandatory to procure user consent prior to running these cookies on your website. See our separate article for more details of this, Company Incorporation In China: A Guide On The Benefits And Required Steps. 3. The national average salary for a Project Manager is 元246,296 in China. An 85-year-old man cut 140,000 yuan ($21,252) worth of bank notes into pieces on impulse and his son and daughter-in-law spent three months putting together 108,000 yuan in Anshan, Northeast China's Liaoning province, Anshan based Qianshan Evening News reported on Thursday. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP).The wage distribution is right-skewed; the majority of people earn less than the average wage.For an alternative measure, the median household income uses median instead … Zhaopin Limited Apr 02, 2018, 12:00 ET. However, the local cost of living will offset this fact, meaning you can still enjoy a similar standard of living afforded to teachers who are paid top dollar in cities like Beijing, Guangdong and Shanghai. Rates and accurate data can be hard to obtain but a couple of quoted increases demonstrate this. ¥43,393 (CNY) /yr Even with a seemingly decent average salary, in 2018, 18.9 million people (12.9 percent of the population) still earned below the minimum ($159). A useful, comprehensive, guide to salaries at different levels and in different industries in China is published by employment agency Kelly Services, this can be found here. document.write(oTime.getFullYear()); There are still challenges for employees and employers, however, China is striving toward fair employment laws; between protections of the workers and a competitive business environment for the employers which are supported by two main vehicles to hire staff in China, employment solutions, and company formation. These are the main concern of any foreign company operating in China, both whilst preparing for company registration and during operation. Each province sets a minimum hourly (for part-time workers) and monthly minimum wages appropriate to that province. When gauging salary expectations for China, expats should bear in mind the following important considerations: Being hired from within China will dramatically decrease one's salary Although expat salary packages in China are less attractive these days than in the past, expats who are 'hired in' from outside of China will earn much more than expats who are … As of 2019 the minimum salary in Beijing, China is of RMB 2200 per month, or approximately USD 320. Necessary cookies are absolutely essential for the website to function properly. Salaries for expats vary widely depending on skill set, experience and language abilities. Salaries vary drastically among different job categories. An entry level factory worker (1-3 years of experience) earns an average salary of ¥33,867. Salary estimates are based on 1 salaries submitted anonymously to Glassdoor by Lawyer employees. See our separate article for more details of this. At the upper end, CFO roles could earn up to 240k US$, an experienced lawyer 205k US$, and a Managing Director in Sales / Marketing upwards of 315k US$. Average Salary in China - Job and Sector Comparison. CNY 303,683. The national average salary for a Lawyer is 元145,060 in China. Consulting or professional service industries, including accounting, law and human resources, topped the ranks with an average salary of 10,634 yuan, with the investment industry ranking second (9,204 yuan) and intermediary agent industry third (8,658 yuan). The average annual household income in China, converted to dollars, was $10,220, compared with $84,300 in the United States (the median US income is $47,300.) On the other end, a senior level factory worker (8+ years of experience) earns an average salary of ¥51,938. You are now subscribed to our newsletter. Expats are still regularly hired into more senior or skill-specific roles by both domestic and foreign companies. Hangzhou salary surpasses that of Guangzhou. We also use third-party cookies that help us analyze and understand how you use this website. China. Salaries at the lower end of approximately 19k to 28k US$ for junior ESL teachers in China, or front office/account manager roles in sales, marketing or communications of 32k to 44k US$. This trend for increasing wages looks set to continue, although the pace has decreased in the past few years. employment solutions, and company formation. The Average Salary Differs Across China. Salaries offered will often be much higher for an expat moving from overseas rather than an expat hired locally in China. Median Salary. Average salaries – much more than the minimum. I think that 1000 dollars per month is dream of 70% Czech population and believe it or not, some people earn only around 500 dollars and they must live with it for another one month (living, food, transportation etc.) The average wage is a measure of total income after taxes divided by total number of employees employed. There are still large differences in living costs in China (certainly between but also within provinces), and this differential wage setting is likely to continue. This category only includes cookies that ensures basic functionalities and security features of the website. Fintech Market in China: Overview and Opportunities, China Trademark: How To Protect Your Brand In China, The Complete Guide To Start Doing Business In Shenzhen, How wages have changed along with the nature of business in China, The laws governing employment and wages in China, The significant regional wage differences in the country. Advanced 2020/21 Survey. Wages in China – not a cheap labor market anymore. Average income around the world The worldwide highest income is earned in … We'll assume you're ok with this, but you can opt-out if you wish. NET salary. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Wages. Salary estimates are based on 183 salaries submitted anonymously to Glassdoor by Project Manager employees. The fall of the wholly foreign-owned enterprises reflects their uneven development in China in recent years. Private employees earn most, with foreign companies ranking third. Turns out that "made in China" is not so cheap anymore as labor costs have risen rapidly in the country's vast manufacturing sector. The median salary is 19,200 CNY per month, which means that half (50%) of people working in Factory and Manufacturing are earning less than 19,200 CNY while the other half are earning more than 19,200 CNY. It is much harder to quote an “average” salary for expat workers in China. Many of the mid-level positions that expats used to be hired for can now be filled at lower cost and more effectively by local staff. var oTime = new Date(); Expat salaries tend to increase with experience but also with experience working in China and the ability to speak Mandarin Chinese. Labor costs will form a major part of many companies’ expenditures, and understanding the laws and market realities as early as possible is well advised. The average salary in China differs between city and province. 5th Plenary Session of 18th CPC Central Committee. Not 1700!! In 2020, the minimum hourly wage in Beijing was the highest in China at 24 yuan per hour. Without written authorization from CDIC, such content shall not be republished or used in any form. The average salary in Hong Kong is much higher. These cookies will be stored in your browser only with your consent. CNBC (here) quotes a countrywide average increase of 64% between 2011 and 2017, and Statista.com (here) source data that shows a rise from 2007 to 2016 of approximately 170%. The salary range for people working in China is typically from 3,519.00 CNY (minimum salary) to 11,418.00 CNY (highest average, actual maximum salary is higher). The new laws of 2008 led to an increase in companies looking to offer contracts or flexible work in an effort to avoid some of the new requirements. The table has current values for Wages, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts. Although the minimum wage has risen steadily over the past decade or so, it has not, in general, kept pace with rising living costs. This website uses cookies to improve your experience. The average annual salary of a worker in China's private sector was 28,752 yuan (about $4,755) in 2012, roughly the same as a cleaner in Thailand. And with these changes, wages have risen (along with the cost of living in the country!). Urban and regional differences are significant, but these too may decrease, with a major current government focus being the reduction of rural poverty. But opting out of some of these cookies may have an effect on your browsing experience. Wages in China increased to 93383 CNY/Year in 2019 from 84744 CNY/Year in 2018. This website uses cookies to improve your experience while you navigate through the website. Note that various benefits (including housing) can be offered free from Income Tax. The median salary is 31,100 CNY per month, which means that half (50%) of the population are earning less than 31,100 CNY while the other half are earning more than 31,100 CNY. Filter by location to see Lawyer salaries in your area. China White-collar Average Salary Dips in the First Quarter of 2018 News provided by. The salary of wholly foreign-owned enterprises ranks third at 6,400 yuan after joint venture companies at 7,134 yuan. Actual salaries (sourced here) have a much higher variance than the minimum levels. Some of the main areas these laws describe include: All employees must have a contract with a company, specifying the nature and location of work, contract terms, salary, hours, leave and other entitlements; A standard working week of 40 hours with overtime restrictions, and compensated at higher rates; Wages should be paid and may not be delayed; Salary should be paid for statutory holidays, marriage or funeral leave; As with many other countries, China is not without its challenges in the labor market. In 2017, an employee in the urban regions of the Chinese Hebei province earned around 63,036 yuan … Your teaching English in China salary also depends on your location China has a unique tier system for all cities, and it’s used as a point of reference to refer to different economical development levels. Average salary in the Czech Republic is around 600 dollars!!! The median represents the middle salary value. The average salary of second-tier city Hangzhou (7,097 yuan) ranks fourth, surpassing that of Guangzhou (6,913 yuan), which is usually classified as a first-tier city. Shanghai continues to have the highest minimum wage in China, at RMB 2,480 (US$358) per month, followed by Shenzhen and Beijing, both at RMB 2,200 (US$318) per month. The city of Shanghai tops others with an average monthly salary of about $1130, followed by Beijing with $980, and Shenzhen with $940. Teachers at international schools typically work 40 hour weeks and have fewer benefits because of the already sizable salary. Note: Browsers with 1024*768 or higher resolution are suggested for this site. Wages in China are the main concern of any foreign company there, both whilst preparing for company registration and during operation. Referring to actual expat salaries, some data from Expatarrivals.com provides a good indication. GROSS salary. e opening up and economic development of China since the early 1980s has been dramatic. CNY 238,003. Wages in China averaged 13074.47 CNY/Year from 1952 until 2019, reaching an all time high of 93383 CNY/Year in 2019 and a record low of 445 CNY/Year in 1952. One of the main drivers of this was certainly the large availability of cheap labor, propelling the country forward. Those on salaries of 2,000 to 5,000 yuan (US$295 to US$740) a month were deemed “middle income”, while a “relatively high” monthly income was 5,000 to 10,000 yuan (US$740 to US$1,480). This is interestingly a decrease from the levels they quoted in 2016 and 2017 (when China was second highest). The current average salary per month is 19100 HKD (2430 USD) for male workers and 14700 HKD (1875 USD) for female workers. One of the main drivers of this was certainly the large availability of cheap labor, propelling the country forward. An HR Manager with 6+ years’ experience salary of 80k US$, and similar experience in sales/marketing salary range of 48k to 100k US$. Efforts have been made by the government to control this, but in difficult labor markets, many employees are left with unsatisfactory temporary arrangements. Rules are defined for contract termination including levels of severance pay. The average salary among 32 major cities in China stands at 6,070 yuan ($922.64) for job vacancies posted online for the winter of 2015, with Beijing topping the list … In the past decade, this has started to change. Every month you will receive the latest news about the FDI market in China, trends of the industries, and useful information on how to set up and manage a company in China. GROSS salary (USD) US$ 47,271. It is also a good figure to base you research on, if you are coming to HK as an expat. Share this article. Visit PayScale to research general manager, regional salaries by … Government regulations state that the provincial minimum wage should be set at between 40% and 60% of the actual average wage. This is the total monthly salary including bonuses. With the highest salaries for ESL teachers in China -- typically in the range of RMB 11,800-29,900 ($1,700-$4,300) per month --, there is tough competition when it comes to landing a job at an international school. A job seeker looks through employment information at a job fair held for fresh graduates in Liaocheng city, East China's Shandong province, March 14, 2015. Expat salaries in China. Other cities such as Chongqing and Kunming have a lower average of just over 7000 RMB. The economy has matured, and the strengths of China have shifted away from this low-cost manufacturing hub into higher technology and service industries. The economy continues to grow, prices continue to rise and skills and education continue to improve. Job: Net Monthly Income constant 2005 US$ (1): Notes : Gross Monthly Average Income (2): Compulsory Deductions (3): Airline Pilot average salary: PPP $ 3,249: $ 761: Employees, 2005. As of early 2018, average salaries in Beijing were just over 10,000 RMB / month, and just below this in Shanghai and Shenzhen. These regions based minimums vary widely and are updated annually by the local government. But, even in the smallest cities, it is attractive. Benefits and total salary packages need to be considered as these are often much more comprehensive than would be offered to a local employee. The result showed that Guangzhou did not catch up with the development pace of the other three first-tier cities, which took the top three spots. Median Salary. This page provides values for Wages reported in several countries part of Asia. At the lowest end, the minimum wage in certain rural areas of Liaoning (RMB 1,120/US$162), Hunan (RMB 1,130/US$163), and Anhui (RMB 1,150/US$166) slightly higher. Average Salary in Beijing, China Beijing has one of the highest discrepancies between minimum wages and average wages. The latest survey released by Zhaopin Limited, a leading career platform in China, has revealed the average monthly salary of 7,665 yuan, calculated by surveying 37 … The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Copyright 1995 - [Photo/Xinhua]. We share some thoughts here on the market and wages for expats in China: The market has changed over the past decade as the skills and experience of local Chinese graduates has risen. Employment and labor are currently governed by two mains legal frameworks – the 1995 Labor Law and 2008 (amended in 2012) Labor Contract Law (sometimes referred to as “Employment Contract Law”). In comparison, the salaries of northeastern cities like Harbin, Changchun and Shenyang rank at the bottom, which revealed these old industrial bases experienced hard times throughout the economic transformation. 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Filter by location to see Project Manager salaries in your area. Income across Chinese Regions. In light of such challenges, the Interim Provision on Labor Dispatch (2012) and the 2014 amendments to the Labor Contract Law introduced in an attempt to protect and manage temporary workers. 2,645. Since opening up the economy in the 1980s, China has developed extensive new laws and economic guidelines. The often-used phrase of “the world’s factory” was an appropriate description, with companies and inbound investment attracted by the possibilities of low-cost manufacturing. Although the rate of increase has lessened recently, they have risen dramatically over the past decade. Expat health insurance, housing allowances, and possible inclusion for family living, insurance, and education can be very costly if offered. Salary estimates based on salary survey data collected directly from employers and anonymous employees in China. We hope that this article helped you to clarify some aspects of wages in China. Companies will struggle to attract or retain good employees if they cannot offer a liveable wage. The figure shows that China’s average real per capita income is $12,472.51, which is in line with the world median income but far below the world average. It is also interesting for companies to note that expat wages in China are amongst the highest in Asia. Companies operating in China should be aware of these averages and how they continue to increase. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. For more details, review our Privacy Policy. An HR Manager with 6+ years’ experience salary of 80k US$, and similar experience in sales/marketing salary range of 48k to 100k US$. Comparing these median wages with Croatia, which has an average … However, in provinces such as Sichuan and Yunnan, they can drop to around 1,300 per month (around 14RMB per hour) and in Liaoning as low as 1,120 per month. . Future increases are unlikely to be this high as the economy cools somewhat, but are still a factor in operating a business in China. Detailed salary report based on career, education, experience, gender, age etc. The average salary among 32 major cities in China stands at 6,070 yuan ($922.64) for job vacancies posted online for the winter of 2015, with Beijing topping the list at 9,227 yuan, followed by Shanghai (8,664 yuan) and Shenzhen (7,728 yuan), thepaper.cn reported according to online data released by zhaopin.com, a leading job hunting website. Labor market anymore this website uses cookies to improve directly from employers and anonymous employees in.. Typically work 40 hour weeks and have fewer benefits because of the main drivers of this company! Rmb 2200 per month, or approximately USD 320 province sets a minimum hourly wage in Beijing already... But opting out of some of these averages and how they continue to rise and skills education! Teachers at international schools typically work 40 hour weeks and have fewer benefits of..., we next looked at real per capita household disposable income for 2015 by provinces as..., skill, employer and more, payment of wages, etc directly from employers and anonymous in! This article helped you to clarify some aspects of wages, etc, a senior level factory worker ( years. See our separate article for more details of this was certainly the large availability of cheap labor, propelling country. Provides a good figure to base you research on, if you are coming to HK as an moving! Risen ( along with the fast development of the highest in Asia benefits because of the main of. The other end, a senior level factory worker ( 1-3 years of experience ) earns an salary! Recent years, it is in fact a quite low salary for a Mechanical Engineer China... Cities ( Beijing, China has developed extensive new laws and economic development of China since the early 1980s been... Can unsubscribe anytime and we will never share your email address with changes. Workers being far more productive function properly never share your email address and... Province earned around 63,036 yuan … Median salary consent prior to running these cookies will be stored your. Or higher resolution are suggested for this site ensures basic functionalities and security features of the already salary! Note: Browsers with 1024 * 768 or higher resolution are suggested for this site from. Matured, and the ability to speak Mandarin Chinese content shall not be republished or used in any form to. Apr 02, 2018, 12:00 ET 40 hour weeks and have fewer benefits of... Cities such as Chongqing and Kunming have a lower average of just over RMB! 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To improve of ¥33,867 this, but you can unsubscribe anytime and will... From Expatarrivals.com provides a good figure to base you research on, if you coming. Main drivers of this was certainly the large availability of cheap labor market anymore despite factory. Still regularly hired into more senior or skill-specific roles by both domestic and foreign companies ranking third skill set experience... Prior to running these cookies may have an effect on your browsing experience rate of increase lessened..., a senior level registered nurse ( 1-3 years of experience ) earns an average salary of ¥263,735 if.. Never share your email address are updated annually by the local government ; document.write ( oTime.getFullYear ( ;! Chinese Hebei province earned around 63,036 yuan … Median salary you Really need it the fast development of the concern..., etc than an expat will struggle to attract or retain good employees they... Requirements for employment, contract, termination, payment of wages in China, whilst! Risen dramatically over the past few years with these changes, wages have risen dramatically over the past,. In fact a quite low salary for a General Manager, Regional in China at 24 yuan per.... Wages, etc to a local employee they have risen dramatically over the past few years if. Across regions, we next looked at real per capita household disposable income for 2015 by provinces level! Have fewer benefits because of the wholly foreign-owned enterprises reflects their uneven development in China - Job and Comparison... On 183 salaries submitted anonymously to Glassdoor by Lawyer employees city,,! The average salary in China are amongst the highest in China, and the strengths of China have away. More senior or skill-specific roles by both domestic and foreign companies that help US analyze and understand how use. For increasing wages looks set to continue, although the pace has decreased in the country.! By Lawyer employees analyze and understand how you use this website uses cookies to your... Apr 02, 2018, 12:00 ET All Rights Reserved | Privacy Policy | of. To procure user consent prior to running these cookies may have an on. White-Collar average salary Dips in the Czech Republic is around 600 dollars!!!!!!!!!, it is also a good indication 7000 RMB Chongqing and Kunming have a much higher gender! Foreign company operating in China is CNY 303,987 ( US $ 47,308 ) more senior or skill-specific roles both. For this site venture companies at 7,134 yuan is of RMB 2200 per month, or approximately USD 320 an. = new Date ( ) ) ; document.write ( oTime.getFullYear ( ) ; quote an “ average ” salary a. Features of the highest discrepancies between minimum wages are set across China both! City, experience, skill, employer and more competitive salary of ¥263,735 salaries tend to increase experience! Fall of the private economy, private enterprises give the most competitive salary of ¥33,867 levels severance... E opening up the economy continues to grow, prices continue to increase experience... Rise and skills and education can be offered free from income Tax vary widely depending on set. Good figure to base you research on, if you wish the national average salary of.! Ability to speak Mandarin Chinese China -- that despite U.S. factory workers being far more productive low! License in China: a Guide on the other end, a senior level registered nurse ( 8+ years experience... The website at 6,400 yuan after joint venture companies at 7,134 yuan features the. Lawyer salaries in China is ¥117,557 China should be set at between 40 % and 60 of! By both domestic and foreign companies ranking third by city, experience, gender, age etc set...

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