Benchmark of minimum wage to be raised

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Last updated at: (Beijing Time) Tuesday, February 24, 2004

Benchmark of minimum wage to be raised

China will begin to enforce a new set of rules on March 1 that will raise the benchmark of minimum wage in the country.

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China will begin to enforce a new set of rules on March 1 that will raise the benchmark of minimum wage in the country.

The new rules on minimum wage apply to employees of various sorts of organizations, including enterprises, government institutions and individually run firms.

To date, 30 regions of the Chinese mainland have instituted the minimum wage system, with the southern coastal open city of Shenzhen boasting the highest monthly level of 600 yuan (approximately 73 US dollars), Shanghai municipality 570 yuan (69 dollars) and the national capital of Beijing 495 yuan (60 dollars).

Raising the benchmark of minimum wage shows that the Chinese government is striving to alleviate the plight of low-income groups, said Yi Dinghong, dean of the economy of labor department of prestigious People's University of China in Beijing.

Source: Xinhua

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