A modest pay increase in China’s financial hub reflects wider national efforts to balance economic pressures with social stability From 1 July 2025, Shanghai raised its monthly minimum wage from RMB 2,690 (£288) to RMB 2,740 (£294), a relatively conservative increase of less than 2%. The city’s hourly minimum wage also climbed from RMB 24 (£2.57) to RMB 25 (£2.68). While Shanghai retains the highest minimum wage in the country, …
Minimum wage
Minimum wages in China continue to rise. Over the past couple of years, more than 20 provinces in China have raised their minimum wage standard, including Beijing, Guangdong, Hainan, Shanghai and Xinjiang. So, what is the minimum wage in China in 2023? Currently, Shanghai has the highest monthly minimum wage among China’s 31 provinces (RMB 2,690/£303 per month) and Beijing has the highest hourly minimum wage (RMB 26.4/£2.97 per hour). …
Minimum wages in China continue to grow, with Fujian, Qinghai, and Guangxi provinces all having raised theirs so far in 2020. While the provinces of Qinghai and Fujian had announced their 2020 minimum wage increase last year, Guangxi is the only province to announce and implement an increase to its statutory wage after the coronavirus outbreak. Last year, seven regions (Chongqing, Shaanxi, Shanghai, Beijing, Hebei, Fujian, and Qinghai) in China …

