China Average Yearly Wages (2024)

Wages in China increased to 114029 CNY/Year in 2022 from 106837 CNY/Year in 2021. Wages in China averaged 16963.76 CNY/Year from 1952 until 2022, reaching an all time high of 114029.00 CNY/Year in 2022 and a record low of 445.00 CNY/Year in 1952. source: National Bureau of Statistics of China

Wages in China is expected to reach 115100.00 CNY/Year by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Average Yearly Wages is projected to trend around 121400.00 CNY/Year in 2024 and 125000.00 CNY/Year in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Average Weekly Hours	48.00	49.00	Hours	Feb 2024
Population	1409.67	1411.75	Million	Dec 2023
Unemployment Rate	5.30	5.20	percent	Feb 2024
Wages	114029.00	106837.00	CNY/Year	Dec 2022
Wages in Manufacturing	97528.00	92459.00	CNY/Year	Dec 2022
Youth Unemployment Rate	14.90	21.30	percent	Dec 2023

China Average Yearly Wages

In China, average wage refers to average wage in money terms per person during a certain period of time for staff and workers in enterprises, institutions, and government agencies, which reflects the general level of wage income during a certain period of time.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	114029.00	106837.00	114029.00	445.00	1952 - 2022	CNY/Year	Yearly	Current Prices, NSA

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