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Urban employees' total salaries up 13% in H1

(chinadaily.com.cn)
Updated: 2009-07-29 18:46

Urban employees' total salaries in the first half average 14,638 yuan （US$2,142.75）, up 1,674 yuan, or 12.9 percent compared to the same period last year, the National Statistics Bureau (NBS) said on its website.

Related readings:  Urban employees enjoy 12.9% wage increase in H1  China's urban unemployment rate reaches 4.3% in H1  Beijing, Shanghai increase salaries  Legislation drafted to put ceiling on executive salaries  Survey: 23% of China firms to freeze executives' salaries

Employees in the financial sector receive 30,603 yuan in average in the first half of this year, twice the nation's mean level, and higher than all other industries.

Employees in the accommodation and catering industry earn the least, according to the NBS. They averagely got 9,885 yuan in salaries during the first half of this year, just 67.5 percent of the country's average level. That is less than one third of the average salary in the financial industry.

China's consumer price index, a measurement of inflation, fell 1.1 percent from last year's levels during the first half of this year, the NBS said previously.

Income of the self-employed was not included in the NBS's calculations. The salaries are pre-tax, including employees' personal insurance accounts and pension funds.