Shanghai is the top region by average wage in collective-owned units in China. As of 2021, average wage in collective-owned units in Shanghai was 119,507 yuan that accounts for 5.26% of China's average wage in collective-owned units. The top 5 regions (others are Jiangsu, Xinjiang, Yunnan, and Inner Mongolia) account for 21.87% of it. China's total average wage in collective-owned units was estimated at 2.27 million yuan in 2021.
The description is composed by our digital data assistant.Average Wage refers to the average per capita wage in money terms during a certain period of time for employed persons. It shows the general level of wage income of staff and worker during a certain period of time, one major indicator to reflect the wage level. It is calculated as follows: average wage = total wage bill of employed persons at reference time / averaged number of persons employed at reference time. This indicator includes average wage of employed persons only in urban units.
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