Shanghai publishes 2012 local average wage standard for employees: the 2012 local average wage of employees in Shanghai is RMB 56,300, with an increase of 8.3% over the previous year. Accordingly, the average monthly salary of employees in Shanghai for 2012 is RMB 4,692.

Meanwhile, the local minimum wage standard for 2013 in Shanghai is adjusted: the minimum wage is raised to RMB 1,620 per month for full-time employees and RMB 14 per hour for part-time employees with an increase of 11.7% over the previous year. The social insurance contributions and housing funds which shall be paid by individual are not included in the monthly minimum wage. And the new standard has been executed from April 1, 2013.