Chapter 6. Labor Markets

Urban Wages

Market sensitivity: Low

What is it? Report on the level and change of average wages in urban areas, published in current yuan and nominal YoY % for the year-to-date

Chinese news release on the Internet:

English news release on the Internet:

Release time: Typically with a considerable delay

Frequency: Quarterly data on wages in state-owned and large private-sector firms. From 2010, the results of an annual survey on wages in small private-sector firms are also published.

Source: National Bureau of Statistics (NBS)

Revisions: No

Why Is It Important?

For 30 years, China has benefited from a surplus supply of workers that has kept the bargaining power in labor markets ...

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