Beijing raises minimum wage

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Last updated at: (Beijing Time) Friday, December 26, 2003

Beijing raises minimum wage

The minimum wage rate in Beijing is to rise by 30 yuan (3.6 US dollars) to 495 yuan (59.8 US dollars) per month, the Beijing Office of Labor and Social Security announced Thursday.

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The minimum wage rate in Beijing is to rise by 30 yuan (3.6 US dollars) to 495 yuan (59.8 US dollars) per month, the Beijing Office of Labor and Social Security announced Thursday.

Mao Ai, an official with the office, said the new rate would be implemented on Jan. 1 next year and would apply to all the employees of companies, institutes, government departments and other organizations.

The current minimum level is 465 yuan (56 dollars) a month.

Mao said the minimum rate was based on the average indices of prices, salaries and other statistics.

The city adopted a minimum wage in 1994, when the government required employers to pay at least 210 yuan (25.3 US dollars) per month.

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