These 3 Chinese Cities' Average Yearly Wages Surpass ¥100,000

By Ryan Gandolfo, July 9, 2019

0 0

Average yearly wages for employees in the public sector in Beijing, Shanghai and Tianjin surpassed RMB100,000 in 2018, according to recent data from China’s National Bureau of Statistics.

The three municipalities outranked all provinces in China for the highest public sector wages, with Beijing exceeding 10% year-over-year growth in salary and Shanghai and Tianjin salaries growing by 8.1% and 6.6% respectively. Following the top three were Zhejiang and Guangdong, both of which averaged a public sector salary of nearly RMB89,000. 

As for average yearly wages in China’s private sector, the difference is staggering. 

Beijing, Guangdong and Shanghai top the list for highest annual average salary in the private sector. Beijing’s average income in this sector was RMB76,908, which was 47% less than the capital city’s public sector wages. As for Shanghai, the difference was even greater with private sector workers bringing home RMB57,056 annually on average, nearly 60% less than their public sector counterparts.

Buoyed by two major metropolises in Guangzhou and Shenzhen, both with a large pool of private enterprises, the southern province of Guangdong dished out an average yearly salary of RMB58,258 for private sector workers last year, which amounted to RMB4,854 in monthly wages.

According to Economic View, the difference in salary between the two sectors can be attributed to economic fluctuations that more easily affect small private enterprises while the public sector provides better social security added to workers’ paychecks before taxes.

READ MORE: These 10 Chinese Cities Have the Most Job Opportunities

[Cover image via Pixabay]

more news

UPDATE: Stereolab Latest to Cancel China Tour After Coronavirus Outbreak

A number of high profile music tours have been canceled in the wake of the outbreak of the novel coronavirus in China.

How to Navigate China’s Paperless Train Ticketing System

Train stations across China are phasing out paper tickets. Here’s a comprehensive guide on how foreigners can navigate the e-ticket system.

17 New Coronavirus Cases Reported in China

Three of the cases are reported in critically ill while the rest are in a stable condition.

Your Ultimate Guide to Avoiding the New Coronavirus in China

We took to the good ol’ World Wide Web to see what precautions experts are recommending to avoid catching the disease.

New Coronavirus Spreads to Over 130 in China, Death Toll Rises

The latest notice by the Wuhan Health Commission says that among the patients, 66 are male and 70 are female, ranging from 25 to 89 years old.

Wuhan Coronavirus Outbreak Leads Cities to Cancel CNY Plans

With the Year of the Rat beginning tomorrow, cities around China have canceled large gatherings to avoid the spread of the virus.

'Star Wars: The Rise of Skywalker' China Release Date Confirmed

Fans of the franchise have been waiting a long time to see the final outing in the sequel trilogy, and the film is getting tons of hype in China.

0 User Comments

In Case You Missed It…

We're on WeChat!

Scan our QR Code at right or follow us at Thats_Shanghai for events, guides, giveaways and much more!

7 Days in Shanghai With thatsmags.com

Weekly updates to your email inbox every Wednesday

Subscribe

Download previous issues

Never miss an issue of That's Shanghai!

Visit the archives

Get the App. Your essential China city companion.