Global EditionASIA 中文双语Français
Home / China / Society

Shanghai increases minimum wage

Xinhua | Updated: 2018-03-22 02:27

SHANGHAI - Shanghai will increase its statutory minimum wage by 5 percent to 2,420 yuan ($382) per month from April 1, making it the highest in the country, local authorities announced Wednesday.

The hourly minimum wage increased from 20 yuan to 21 yuan, according to the municipal human resources and social security department.

The increase rate is less than Shanghai's 2017 GDP growth of 6.9 percent.

The minimum wage excludes social security fees, housing allowances and overtime pay.

Many other regions in China, including Jiangxi, Liaoning, Guangxi and Tibet, have all raised minimum wages this year.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349