Official: Wage growth 10% faster than CPI growth is not normal

09:50, February 24, 2010      

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In recent years, the situation of wage growth being 10 percent faster than CPI growth in China is rather special, and can not go on forever, Feng Nai-Lin, an official at National Bureau of Statistics (NBS) said February 23, 2010. He also mentioned that in the next two to three years, NBS will reform statistics on labor and wage in four areas such as the statistical indicators and method of investigation.

Director-General Feng Nai-Lin of Department of Population and Employment Statistics under NBS believes that, from 1990 to 2000, China's wage growth was always higher than the CPI growth, and after 2000 it maintained a growth rate of about 10 percent higher than the CPI, indicating people are receiving more benefits. However, this phenomenon is rather special.

Feng said that in the next two or three years China will take a series of measures to reform the wage statistics. The reform adds statistical indicators that reflect the labor remuneration structure and the differences, will reform the survey method of salary, and will improve data dissemination methods of wages statistics.

By People's Daily Online
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