|
Urban employees get more pay in H1
By Zhang Ran (China Daily)
Updated: 2009-07-30 08:00
Average wage per-capita for Chinese urban employees grew year on year 12.9 percent to 14,638 yuan in the first half despite the financial crisis slowing the country's economic growth to 7.1 percent from 9 percent in the same period last year. The growth rate, released by the National Bureau of Statistics (NBS) yesterday, was 5.1 percentage points lower than that in the same period last year. Average wage per-capita for financial industry employees in urban areas stood at 30,603 yuan in the first half, ranking the first among all urban industries' employees, NBS said. Securities firms, which cut payments for its employees due to the financial crisis and the bad performance of the A-share market last year, are expected to raise payment again after the markets rebounded nearly 80 percent starting this year. About 70 percent of the securities firms adjusted their payment more than once in a year, according to a June report released by Shenzhen Human Resources Center. The NBS said yesterday that information, computer service and software industry employees' average wage per-capita reached 27,730 yuan, 1.9 times higher than the national average level. Employees from scientific and technology service sector followed, with their average wage per-capita touching 23,248 yuan. The hotel and catering, construction and water conservancy, and environment and public management sectors recorded the lowest wages, with an average annual per-capita of 9,885 yuan, 10,349 yuan, and 11,666 yuan, respectively. The average salary comprises the basic wage, bonus and all allowances and subsidies. It is often used as a reference by the government for setting salary standards and calculating social insurance premiums. China's per-capita disposable income of urban households was 8,856 yuan, a year-on-year increase of 9.8 percent, and a real growth of 11.2 percent after deducting price factors, NBS said earlier this week.
(China Daily 07/30/2009 page14) |
