China: Real Average Wage of Employed Persons Index - All Units

Macro

2026-05-27

Description

China Real Average Wage Index for Employed Persons is compiled and published by the National Bureau of Statistics (NBS) of China. This index measures the inflation-adjusted average wage of employed persons, serving as an important indicator for assessing the living standards and economic well-being of the Chinese labor force. A higher index value indicates an increase in real wages and an improvement in living standards, while a lower index value may suggest stagnation or a decline in real wages.

Note: Real Average Wage Index = Nominal Average Wage Index / Consumer Price Index (CPI).

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

AI Data Insight

China's real average wage index for employed persons reported 104.2 in the fourth quarter of 2025, a significant rebound from 102.6 in the same period of 2024, reflecting a 4.2% year-on-year growth in real wages. This wave of growth was mainly driven by non-private sectors such as information technology and finance, ensuring real purchasing power in a low-inflation environment. However, slowing wage growth in private enterprises and a mismatch in labor skills remain potential hidden concerns for future consumption recovery.

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AI Data Insight

China's real average wage index for employed persons reported 104.2 in the fourth quarter of 2025, a significant rebound from 102.6 in the same period of 2024, reflecting a 4.2% year-on-year growth in real wages. This wave of growth was mainly driven by non-private sectors such as information technology and finance, ensuring real purchasing power in a low-inflation environment. However, slowing wage growth in private enterprises and a mismatch in labor skills remain potential hidden concerns for future consumption recovery.

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Macro
Description

China Real Average Wage Index for Employed Persons is compiled and published by the National Bureau of Statistics (NBS) of China. This index measures the inflation-adjusted average wage of employed persons, serving as an important indicator for assessing the living standards and economic well-being of the Chinese labor force. A higher index value indicates an increase in real wages and an improvement in living standards, while a lower index value may suggest stagnation or a decline in real wages.

Note: Real Average Wage Index = Nominal Average Wage Index / Consumer Price Index (CPI).

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