China Average Yearly Wages  Forecast 2016-2020

Wages in China is expected to be 75200.00 CNY/Year by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Average Yearly Wages is projected to trend around 90300.00 CNY/Year in 2020, according to our econometric models.

China Average Yearly Wages
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Wages 62029 75200 75200 75200 81300 90300 CNY/Year
China Average Yearly Wages Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of China Average Yearly Wages using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - China Average Yearly Wages - was last predicted on Monday, April 24, 2017.
China Labour Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 4.02 4 4.1 4.1 4.2 5
Employed Persons 77603 77785 77818 77850 77908 78525
Unemployed Persons 982 982 981 981 981 980
Labour Costs 104 103 103 103 103 103
Job Vacancies 5903000 5459008 5176222 4912700 5928969 5350877
Wages 62029 75200 75200 75200 81300 90300
Wages in Manufacturing 55324 61100 61100 61100 65600 74500
Minimum Wages 2300 2300 2300 2300 2430 2620
Population 1375 1378 1379 1381 1381 1407
Retirement Age Women 50 50 50 50 50 50
Retirement Age Men 60 60 60 60 60 60