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Shanghai Human Resources and Social Security Bureau confirmed by the end of march, the increase of the average and the minimum wage immediately effective on April 1st, 2017.

 The average salary which was 5,930 RMB per month is now adjusted to 6,504 RMB, so an immediate increase of 9,5%. Accordingly, and as the average wage is the basis of social insurance rate, the local severance cap has been adjusted to 19,512 RMB.

Also, and still to adjust the wages to the cost of living, Shanghai Human Resources and Social Security Bureau has increased the minimum wage from 2,190 RMB per month (around 19 RMB/hour) to 2,300 RMB per month (around 20 RMB/hour).