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 2590.00 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.