Provinces accelerating minimum wage raises in 2025
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
The minimum wage is on the up and up.
So far this year, nine provincial governments have raised local minimum wages, with increases ranging from 8.5% to 13% (MoHRSS).
Some context: Provinces set their own minimum wage based on local minimum living costs and consumer price inflation.
Shanghai has th...