Guangdong ranked third in highest average wages

Guangdong residents earn the third-highest salaries on average in the country, just behind Beijing and Zhejiang province, reports China News.

Average wages for all workers, non-private and private, in Guangdong were RMB88,636 and RMB58,258 respectively, reports China News. Non-private includes state-owned enterprises, township collective enterprises, joint ventures, joint-stock companies, foreign-invested firms, and companies with investment from Hong Kong, Macau and Taiwan.

Shenzhen, however, was way above this, with an average annual wage for urban non-private sector workers of RMB110,304 and RMB63,635 for private sector employees.

The highest average annual wages are in the financial and information technology sectors, followed by scientific research and technical service sectors.

The salaries cited refer to pre-tax wages and also includes personal income tax withheld and social insurance and housing provident fund benefits that are paid by individuals.

Read more (in Chinese).