Time to change the minimum wage system in line with current realities

AS OF SATURDAY, 11 provincial regions, about one-third of the total, had raised their minimum wage this year. But the average growth rate of about 5 percent is a record low in recent years. Gmw.cn comments:

After the adjustments, the highest minimum monthly wage is 2,300 yuan ($340) in Shanghai, and the lowest is 1,000 yuan in South China's Guangxi Zhuang autonomous region.

In fact, the average growth in the minimum wage nationwide has dropped markedly since the 22 percent in 2011.