Average take home earning is CNY 549,514 (Net). In China, average wage refers to average wage in money terms per person during a certain period of time for staff and workers in enterprises, institutions, and government agencies, which reflects the general level of wage income during a certain period of time. Data on prospecting and designing institutions and their personnel are provided by the Ministry of Housing and Urban-Rural Development, based on the requirements on the annual reporting specified in the Statistical Reporting Form System of Prospecting and Designing stipulated by the Ministry of Housing and Urban-Rural Development. An entry level registered nurse (1-3 years of experience) earns an average salary of ¥151,046. the company visit moodysanalytics.com. This is not the yearbook. With the highest salaries for ESL teachers in China -- typically in the range of RMB 11,800-29,900 ($1,700-$4,300) per month --, there is tough competition when it comes to landing a job at an international school. In reality, it's both. In winter 2015, the average pay nationwide in China was 6070 Yuan. (link: http://www.stats.gov.cn/tjgb/ndtjgb/qgndtjgb/t20120222_402786440.htm) Data dissemination are brief and provide no history, it includes: GDP, CPI, Industrial Product, Industrial Profit, Fixed Asset Investment, Real Estate data, Domestic Trade, Foreign Trade, Foreign Direct Investment, Transport and Tourism, Monetary, Population. But, even in the smallest cities, it is attractive. and Consumer Credit Risk Solutions from Economic Data, Research, Advisory, Forecasting Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. This  refers to the total expenditure of resident units for purchases of goods and services from both the domestic economic territory and abroad to meet the needs of material, cultural and spiritual life. Wages in China increased to 93383 CNY/Year in 2019 from 84744 CNY/Year in 2018. source: National Bureau of Statistics of China. The vast majority of jobs for expats in China require a BA degree, while those with masters qualifications and above should be able to expect more opportunities and higher salaries. PBoC Unexpectedly Drains Cash from Financial System, China Q4 Industrial Capacity Utilization Rate Rises to 78%, China Retail Sales Growth Below Consensus, China Industrial Production Rises the Most in Near 2 Years, European Equities Climb on Strong Earnings, US Futures Slightly Higher as Big Earnings Reports Kick Off, Brazil FGV Consumer Confidence at 7-Month Low, Iceland January Inflation Rate at Near 7-1/2-Year High, Italian Shares Rise Amid Political Uncertainty, South African Stocks Drop from Record High, Sweden Producer Prices Fall the Least in 10 Months, South African Rand Hovers Around 1-Week Low. As of early 2018, average salaries in Beijing were just over 10,000 RMB / month, and just below this in Shanghai and Shenzhen. Final revision in September: The hardcopy of China Yearbook is available. The best paying degree at China is PhD, with alumni earning an average salary of $200,000. 1952-2019 Data | 2020-2021 Forecast | Historical | Chart. Other data on investments in fixed assets are from surveys conducted by the Department of Investment and Construction Statistics of the NBS. As a result, there are minor differences observed when comparing the national and provincial level data. Moody’s Analytics. Accurate, reliable salary and compensation comparisons for China Preliminary release is announced in early February through a press release on the NBS website. It is in fact a quite low salary for the Chinese capital, as the cost of living in Beijing is already quite high. Publish your articles and forecasts in our website. The Statistical Yearbook release updates the following main economic categories: employment, gross domestic product, demographic, energy, foreign direct investment, retail sales, construction, government finance and house price index data.The national data exclude Hong Kong, Macao, and Taiwan, because statistically, they are three independent regions. It does not include the expenditure of non-resident units on consumption in the economic territory of the country. A person working in China typically earns around 29,300 CNY per month. The active employment by sector (2003 to present) are number of employed persons in urban units. Shanghai continues to have the highest minimum wage in China, at RMB 2,480 (US$358) per month, followed by Shenzhen and Beijing, both at RMB 2,200 (US$318) per month. Average Salary in Beijing, China Beijing has one of the highest discrepancies between minimum wages and average wages. Looking at the salaries, the average salary of a fresh graduate working at the aviation industry is 8,000 Yuan per month. According to a latest survey conducted by zhaopin.com, a famous recruitment agency in China, the average monthly salary is 9791 RMB. Construction enterprises data are collected in accordance with the Reporting Form System of Construction Statistics stipulated by the National Bureau of Statistics. The China Statistical Yearbook is compiled by the National Bureau of Statistics, China (NBS). Average Salary in China - Job and Sector Comparison. First revision in May: Between May to July, there is a revision that gets published only in a hardcopy. The two sets of employment by sector data are not directly comparable due to the difference in methodology standards as we ll as industry classification. In 2017, a latest government work report said that the minimum monthly salary is 2000 in Beijing. Aside from regional discrepancies, the respective industry had a large influence on the average annual salary of employees in urban China. It includes information on investments completed during the period on a consolidated basis, in residential & office buildings and others as well as floor space of buildings under construction, completed and others. Time to read the page 30 min. Average annual salary in China 2018, by profession Published by C. Textor, Sep 23, 2019 This statistic shows the average annual salary in China as of 2018, by profession. It is an annual statistics publication which covers very comprehensive annual data at the National level. The most typical salary is CNY 513,333 (Gross). The average salary in China differs between city and province. Salary estimates are based on 1 salaries submitted anonymously to Glassdoor by Actuarial employees. The average pay of 8,452 yuan per month represents a 5 percent increase compared with last quarter and a 7.9 percent increase from a year earlier, the report said. The Average Salary Differs Across China. Advanced 2020/21 Survey. Salary estimates are based on 10 salaries submitted anonymously to Glassdoor by Research Scientist employees. Non-residential - Commercial & Retail - Vacancy, Nominal Fixed Investment (gross fixed capital formation), Real Fixed Investment (gross fixed capital formation), National Bureau of Statistics of the People's Republic of China. They work in the oil and gas industry, which is regarded as the highest paying industry in China. All data on investments in fixed assets are collected by the system of reporting form with complete enumeration, except data on individual investments in fixed assets in rural areas, which are collected through sample surveys. The China statistical yearbook is release annually, and data revision of the previous years would be covered in the latest publication. Principal Software Engineer ¥26K. As of 2019 the minimum salary in Beijing, China is of RMB 2200 per month, or approximately USD 320. The figure shows that China’s average real per capita income is $12,472.51, which is in line with the world median income but far below the world average. The latest survey released by Zhaopin Limited, a leading career platform in China, has revealed the average monthly salary of 7,665 yuan, calculated by surveying 37 major cities across the nation in the first quarter of the year, increased 0.8 percent compared to the previous quarter. The average salary for a Mechanical Engineer in China is ¥117,557. COMPARE YOUR SALARY WITH OTHERS » Wages in China averaged 13074.47 CNY/Year from 1952 until 2019, reaching an all time high of 93383 CNY/Year in 2019 and a record low of 445 CNY/Year in 1952. The sum of the regional data is not equal to the national data due to the decentralized accounting approach. This is the total monthly salary including bonuses. Household Consumption Expenditure - refers to the total expenditure of resident households on the final consumption of goods and services. The table has current values for Wages, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts. Salaries range from 7,410 CNY (lowest average) to Oil and gas engineer. Wage & Salaries for China from National Bureau of Statistics of the People's Republic of China for the China Statistical Yearbook release. The average salary for a Software Engineer is 元242,867 in Beijing, China. Direct access to our calendar releases and historical data. Filter by location to see Actuarial. The annual reporting forms on construction statistics are designed in accordance with local situations for comprehensive collection by statistical bureaus of each province, autonomous region and municipality and conveyance level by level upwards. Teachers at international schools typically work 40 hour weeks and have fewer benefits because of the already sizable salary. Salaries for Related Job Titles. In Shenzhen, the average salary was 7728 Yuan, and in Hangzhou it was 7097 Yuan. For all solutions offered by This means that the average person in China earns approximately 170 CNY for every worked hour. the so-called imputed consumption expenditure, which includes the following: (a) the goods and services provided to households by employers in the form of payment in kind and transfer in kind; (b) goods and services produced and consumed by the households themselves, in which the services refer to the owner-occupied housing and services offered by paid family employees; (c) financial intermediate services provided by financial institution. The method of survey is a complete reporting form system from lower-level statistical bureaus to higher level statistical bureaus is used in the labour statistics. In the year of the census, i.e 1990, 2000, 2010 there will be missing data for the sample population by region. Join your colleagues in participating in this The average salary in Beijing was the highest at 9227 Yuan, Shanghai had the second highest at 8664 Yuan. The sample survey on population change takes the whole nation as the population and each province, autonomous region or municipality as sub-populations, and the stratified multi-stage systematic PPS cluster sampling scheme is used. Salaries estimates are based on 240 salaries submitted anonymously to Glassdoor by Software Engineer employees in Beijing, China. The final consumption expenditure is broken down into household consumption expenditure and government consumption expenditure. Filter by location to see Research Scientist salaries in your area. Detailed salary report based on career, education, experience, gender, age etc. The average hourly wage (pay per hour) in China is 170 CNY. In addition to the consumption of goods and services bought by the households directly with money, the household consumption expenditure also includes expenditure on goods and services obtained by the households in other ways, i.e. Data on investments in fixed assets by individuals in rural areas are provided by the Department of Rural Social and Economic Survey of the NBS through its rural social and economic survey. For example, the 2011 annual numbers (main top line only) were published on the 22 of February 2012. The annual employment data for China is published by the National Bureau of Statistics in its annual statistical year book. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Income across Chinese Regions To gauge the income distribution in China across regions, we next looked at real per capita household disposable income for 2015 by provinces. This publication covers  the basic conditions of China’s labour economy, including main labour statistics on the whole country and 31 provinces, autonomous regions and municipalities directly under the Central Government, such as the economically active population, number of employed persons, staff and workers, number of registered unemployed persons in urban areas, total wage bills and average wages of staff and workers and the changes in index. Visit PayScale to research mechanical engineer salaries by city, experience, skill, employer and more. Salary estimates based on salary survey data collected directly from employers and anonymous employees in China. China - Get a free salary comparison based on job title, skills, experience and education. This page provides forecast and historical data, charts, statistics, news and updates for China Wage & Salaries. salaries in your area. On the other end, a senior level registered nurse (8+ years of experience) earns an average salary of ¥263,735. The employment by sector (1978 to 2002) data are wage workers and staff and do not include private institution and self employed workers. Beijing ranked first among these cities with its average monthly salary reaching 11,204 yuan, followed by … 2021 China Foreign/Expat tax salary Calculator . This page provides values for Wages reported in several countries part of Asia. The data are provided in millions of CNY while the floor space is provided in m². Actual salaries (sourced here) have a much higher variance than the minimum levels. Data on trans-provincial projects are provided by various departments under the State Council. Job: Net Monthly Income constant 2005 US$ (1): Notes : Gross Monthly Average Income (2): Compulsory Deductions (3): Airline Pilot average salary: PPP $ 3,249: $ 761: Employees, 2005. All rights reserved. The average wage is a measure of total income after taxes divided by total number of … At the lowest end, the minimum wage in certain rural areas of Liaoning (RMB 1,120/US$162), Hunan (RMB 1,130/US$163), and Anhui (RMB 1,150/US$166) slightly higher. The Trading Economics Application Programming Interface (API) provides direct access to our data. Gross Salary (Wages, Salaries): ￥ CNY. Hourly Wage = Annual Salary ÷ (52 x 5 x 8) The hourly wage is the salary paid in one worked hour. The national average reached about 90,501 yuan in 2019. The national figures are revised annually and adjustments are made based on the lower level data (such as provincial levels), whilst the provincial level data are published one period each year and no revisions are captured. Other cities such as Chongqing and Kunming have a … Comparing these median wages with Croatia, which has an average monthly salary of $887, China has … The city of Shanghai tops others with an average monthly salary of about $1130, followed by Beijing with $980, and Shenzhen with $940. China's median monthly wages in Shanghai ($1,135), Beijing ($983) and Shenzen ($ 938) are higher than they are in the newest European Union … Statistics on training, employment, private enterprises and self-employed individuals are collected and compiled on basis of administrative registering records. The national population census is conducted in the year ending with 0; the national 1 percent population sample survey is conducted in the year ending with 5; sample surveys on population changes are conducted in the rest of the years which cover about 1 per thousand of the total population of the country. Hangzhou beat out Guangzhou for the fourth spot. 1K views View 2 Upvoters Graduates from China who earn the lowest salaries are those with a Other Degree degree, earning a salary of $35,000 annually. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Wages. Download historical data for 20 million indicators using your browser. © 2021 Moody’s Analytics, Inc. and/or its affiliates and licensors. The average salary of this engineer is … Average salary in China is CNY 303,987 (US$ 47,308). The national average salary for a Actuarial is 元319,109 in China. The national average salary for a Research Scientist is 元224,684 in China. Regional data in this Yearbook are prepared by the statistical bureaus of the provinces, autonomous regions and municipalities. Salaries on positions in China The salary range for people working in China is typically from 3,519.00 CNY (minimum salary) to 11,418.00 CNY (highest average, actual maximum salary is higher). The average salary for jobs in China is ¥140,715 (CNY) per year or an hourly rate of ¥68 (CNY). Those on salaries of 2,000 to 5,000 yuan (US$295 to US$740) a month were deemed “middle income”, while a “relatively high” monthly income was 5,000 to 10,000 yuan (US$740 to US$1,480). The Sampling Survey on Labour Force are conducted using sampling methods. exclusive survey of global business confidence. Between December and January: The online version of China Yearbook is made available for public. China Salary Income tax calculator 2021 Calculate the Income tax due by your employer according to the new taxation laws. Average salary for CEO in Shanghai, China is CNY 712,142. , experience, gender, age etc, it is attractive 7097 Yuan, Advisory, Forecasting and Credit. 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