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 Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Wages 62029 75200 75200 75200 75200 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 Sunday, January 22, 2017.
China Labour Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 4.04 4.2 4.3 4.3 4.4 5
Employed Persons 77603 77584 77630 77675 77720 78698
Unemployed Persons 983 984 984 984 983 983
Labour Costs 103 103 103 103 103 103
Job Vacancies 4335000 5057496 4830678 4717145 4591846 4747057
Wages 62029 75200 75200 75200 75200 90300
Wages in Manufacturing 55324 61100 61100 61100 61100 74500
Minimum Wages 2190 2190 2300 2300 2300 2620
Population 1375 1377 1378 1379 1381 1407
Retirement Age Women 50 50 50 50 50 50
Retirement Age Men 60 60 60 60 60 60