|
|
|
Labor Costs In China
Comparative Costs By Region
|
|
According to the South China Morning Post (www.scmp.com) in
their 1-April-2002 online edition, the costs of labor expressed in average annual wages in the major city centers
of China are as follows:
|
|
|
|
|
|
|
City
|
RMB
|
Dollars
|
|
Guangzhou
|
22,772
|
$2,750
|
|
Shanghai
|
21,781
|
$2,630
|
|
Beijing
|
19,155
|
$2,313
|
|
Tianjin
|
14,308
|
$1,728
|
|
Chongqing
|
9,523
|
$1,150
|
|
|
|
|
|
Compare these labor rates with those in Mexico which Business Week (www.businessweek.com)
in its April 29, 2003 edition identifies as having a $3.52 average hourly wage. On an equivalent 40 hour* workweek
basis, this would translate into an annual wage of $7322 - a full 323% higher than Tianjin.
Chinafacturing Solutions has headquartered its Chinese Operations in Tianjin, the third largest city in China providing
the optimal balance of labor quality and cost along with access to world-class air and sea-going distribution networks.
*Mexico labor standards provide for a 48 hour work week.
|
|
|
|
|
|
download brochure
|
|
|
you will need Adobe
Reader to view the pdf
|
|
|
|
|