China's annual minimum wage to increase by 13 percent

16:34, June 29, 2011      

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In the next five years, China's minimum wage standard is expected to be raised by at least 13 percent on average annually and the minimum wage standard in most parts of China will reach more than 40 percent of the average income of employees in urban areas, according to the 12th Five-Year Plan of the development of human resources and social security released recently.

According to the plan, China will accelerate to form a reasonable and orderly pattern of wage and income distribution, promote the reasonable and rapid growth of the salaries of employees, restrain and gradually reduce unreasonable wage gap and realize no arrears of wages of employees, especially the migrant workers' wage.

In the first quarter of this year, China's 13 provinces and municipalities have raised the minimum wage by 22.6 percent on average.

Currently, the city with the highest monthly minimum wage standard in China is Shenzhen. Its monthly minimum wage standard is 1,320 yuan. The city with the highest minimum wage standard per hour is Beijing, and it is 13 yuan.

By Ye Xin, People's Daily Online
 
 
     
 
 
 
     
 
 
 
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