China: Total Wage (YoY)

Macro

2026-05-27

Description

China Total Wages are compiled and published by China's National Bureau of Statistics (NBS). This indicator measures the annual growth rate of total wages paid to workers across industries across the country. It is often used to assess overall economic health and labor market conditions. Higher wages generally indicate economic growth and rising living standards, while lower wages may indicate an economic slowdown or labor market problems.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update
Hashtags
China Labour

AI Data Insight

In Q4 2025, China's total wage index dropped to 100.9 (a YoY increase of 0.9%), representing a sharp contraction from the previous value of 104.0. This indicates that wage expansion in the labor market has nearly stagnated. Under the dual pressures of squeezed corporate profits and economic structural transition, the willingness to adjust salaries across various industries remains conservative, which may further suppress consumption recovery momentum in the future.

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AI Data Insight

In Q4 2025, China's total wage index dropped to 100.9 (a YoY increase of 0.9%), representing a sharp contraction from the previous value of 104.0. This indicates that wage expansion in the labor market has nearly stagnated. Under the dual pressures of squeezed corporate profits and economic structural transition, the willingness to adjust salaries across various industries remains conservative, which may further suppress consumption recovery momentum in the future.

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Macro
Description

China Total Wages are compiled and published by China's National Bureau of Statistics (NBS). This indicator measures the annual growth rate of total wages paid to workers across industries across the country. It is often used to assess overall economic health and labor market conditions. Higher wages generally indicate economic growth and rising living standards, while lower wages may indicate an economic slowdown or labor market problems.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update
Hashtags
China Labour