Labor Costs

Hainan (SEZ) Employee Wage & Labor Cost Information

In early 2011, the average wage of a direct manufacturing employee in Hainan province was approximately RMB 2,766 per month, a 32 percent increase over 2009 which was RMB 2,100 per month. Hainan’s legal minimum wage in 2009 was RMB 500 per month for a full time employee.  In 2010, it rose to a range of RMB 680 to RMB 830 per month. These increases in minimum wage are part of the twelfth five year plan China announced in 2011.  China and its provinces are hoping to increase their respective minimum wage standards in order to combat unusually high inflation and raise the standard of living. Calculating the exact cost of a direct employee on an hourly basis involves a complex formula composed of a daily base salary, employee benefits, and taxation.

Taizhou

5,600,000

No

Coastal

29.64 (2009)

Additional Resources Description
Understand China Labor Rates A China Labor Rate Comparison Chart by Region
Understand China Wage Glossary A Glossary of China Labor Costs Terms & Definitions
Understand China Q & A 25 Questions and Answers for Starting a Business in China
Understand China Currency Converter Up-to-date Currency Conversion and Exchange Rates

Taizhou

5,600,000

No

Coastal

29.64 (2009)

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