Minimum wage standards adjusted in 24 provinces and cities; Shenzhen highest at 1500 yuan
Release Time:
2012-12-28 18:00
Source:
China News Service
The Ministry of Human Resources and Social Security announced that 23 provinces have raised the minimum wage standards, and Zhejiang will also raise it on the 1st of next month. In total, 24 provinces and cities have adjusted the minimum wage standards, with Shenzhen having the highest standard at 1500 yuan; Beijing has the highest hourly minimum wage standard at 15.2 yuan.

China News Service, December 28 - The Ministry of Human Resources and Social Security recently announced that 23 provinces raised the minimum wage standards in 2012. According to statistics from the China News Service Finance Channel, Beijing and Shaanxi, which raised the minimum wage standards in 2012, will raise them again on January 1, 2013. Meanwhile, Zhejiang will also raise the minimum wage standards on January 1, 2013. According to the adjusted data, among these 24 provinces and cities, Shenzhen has the highest monthly minimum wage standard at 1500 yuan; Beijing has the highest hourly minimum wage standard at 15.2 yuan.
Shenzhen has the highest monthly minimum wage standard
Minister of Human Resources and Social Security Yin Weimin stated at the national human resources and social security work conference on December 18 that 23 provinces adjusted the minimum wage standards in 2012. According to statistics from the China News Service Finance Channel, in 2012, Beijing, Sichuan, Jiangxi, Shaanxi, Shenzhen, Shandong, Shanghai, Tianjin, Guangxi, Ningxia, Gansu, Shanxi, Yunnan, Chongqing, Jiangsu, Xinjiang, Fujian, Hainan, Qinghai, Hunan, Hebei, Inner Mongolia, and Heilongjiang successively adjusted the minimum wage standards.
Among them, Beijing and Shaanxi, after raising the minimum wage on January 1, 2012, will raise it again on January 1, 2013. After the increase, Beijing's minimum wage standard will be adjusted from the current 1260 yuan per month to 1400 yuan, and Shaanxi's will increase from 1000 yuan/month to 1150 yuan/month. Zhejiang Province will also raise the minimum wage standard again on January 1, 2013, following the adjustment on April 1, 2011, with the highest tier increasing from 1310 yuan to 1470 yuan.
The Ministry of Human Resources and Social Security announced data on October 25 showing that Shenzhen has the highest monthly minimum wage standard at 1500 yuan, and Beijing has the highest hourly minimum wage standard at 14 yuan. According to the latest statistics, among these 24 provinces and cities after adjustment, Shenzhen still has the highest monthly minimum wage standard (1500 yuan), followed by Zhejiang (1470 yuan) and Shanghai (1450 yuan). Beijing still has the highest hourly minimum wage standard (15.2 yuan), followed by Xinjiang (13.4 yuan) and Shenzhen (13.3 yuan).
Fewer provinces adjust minimum wage standards
The China News Service Finance Channel found that the number of provinces adjusting minimum wage standards this year has decreased compared to 2011. According to data released by the Ministry of Human Resources and Social Security, 23 provinces adjusted minimum wage standards in 2012, while 24 provinces adjusted them within the year in 2011, indicating that the number of provinces adjusting minimum wage standards this year decreased by one compared to 2011.
Looking ahead to 2013, Beijing, Zhejiang, and Shaanxi have confirmed that they will raise the minimum wage standards starting January 1, 2013, with increases all exceeding 10%.
Among them, Beijing's minimum wage standard will be adjusted from the current 1260 yuan per month to 1400 yuan, an increase of 140 yuan, a rise of 11.1%. Zhejiang's minimum wage standard will increase from 1310 yuan to 1470 yuan, a rise of 12.2%.
Will steadily and cautiously adjust minimum wage standards
Adjusting the minimum wage standard is an important means to increase the remuneration of workers, especially low-income workers. It is reported that China's "Minimum Wage Regulations" clearly state that the minimum wage standards in each region must be adjusted at least once every two years. The "National Human Rights Action Plan (2012-2015)" issued by the State Council on June 11 also proposed establishing a normal wage growth mechanism, steadily increasing the minimum wage standards, with an average annual growth of more than 13%.
Minister of Human Resources and Social Security Yin Weimin stated at the national human resources and social security work conference on December 18 that in 2012, China's wage income distribution system reform progressed steadily, the regulation of civil servant allowances and subsidies and the implementation of performance-based pay in public institutions proceeded orderly, and 23 provinces raised the minimum wage standards within the year. From 2008 to 2012, the national minimum wage standard increased by an average of 12.6% annually.
Regarding the work in 2013, Yin Weimin proposed: first, to improve the enterprise wage system. Improve the wage guidance levels in the human resources market and the industry labor cost information guidance system, accelerate the establishment of enterprise salary survey and information release systems, and explore the release of wage guidance lines for key industries. At the same time, actively expand the coverage of collective wage negotiations and promote the establishment of a normal wage growth mechanism. Explore the establishment of a minimum wage standard evaluation mechanism and steadily and cautiously adjust the minimum wage standards.
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