China ups wages in Beijing
Authorities in Beijing have hiked the minimum wage in the capital by about 20 per cent for the second time in six months amid soaring food costs, rising property prices and China’s widening wealth gap.
The minimum monthly salary in the city will be increased to 1,160 yuan from 960 yuan on January 1, according to a statement posted on the government’s website Tuesday.
In July, Beijing increased the minimum wage by 20 per cent to 960 yuan.
China launched a round of minimum wage hikes this year after a spate of labour disputes and a string of employee suicides highlighted growing discontent among the country’s millions of low-paid workers.
This latest increase in the nation’s capital comes amid growing official and consumer anxiety over rising inflation, which topped five per cent in November for the first time in more than two years.
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