DM Monitoring
BEIJING: Multiple provincial-level regions of China have increased their minimum wage standards since the beginning of this year as the economy recovers further from the COVID-19 impact.
In Jiangxi, Heilongjiang, Shaanxi and Xinjiang, the statutory minimum monthly wages for developed cities have been raised to 1,850 yuan (about 286 U.S. dollars), 1,860 yuan, 1,950 yuan and 1,900 yuan, respectively, official data shows.
For Tibet Autonomous Region, the monthly minimum for the whole region will be increased to 1,850 yuan from July.
Beijing’s minimum monthly salary will rise to 2,320 yuan beginning in August.
Municipal and provincial governments in China have the authority to set minimum wage standards and are required to adjust their levels at least once every two or three years.
The last wave of adjustments came in 2017 and 2018. In 2020, many regions suspended adjustments to support the resumption of work and production due to the COVID-19 impact.
The latest data shows that China’s economy — the world’s second-largest — grew 18.3 percent year on year in the first quarter, as strong domestic and foreign demand powered recovery from a low base in early 2020 due to the COVID-19 epidemic.
