Average Salary in Guangzhou China: Local Data Breakdowns (2024)
The mighty metropolis of Guangzhou is one of the top 10 highest-paying cities in China, as well as a manufacturing powerhouse. Today we’re breaking down multiple sources of public, local data to see what the average salary level really is in this megacity. So let’s get to it! A dive into some 2024 Guangzhou salary data… ð¡ Why not use data from international sources, you ask? When it comes to salary figures in China, we’ve found a big discrepancy in the data provided by most outlets. Hiring in China? We can help. Post open roles across China’s top job sites, classifieds, and networking platforms — lower hiring costs by over 80%. Edit Template Average Salary in Guangzhou: Government Data Guangzhou Statistics Bureau In July 2024, Guangzhou’s Statistics Bureau[1] released its most recent data on urban salaries. The figures represent wage data collected throughout 2023. They specifically split up the salary figures into private and non-private categories. Guangzhou is the main manufacturing hub in southern China’s Pearl River Delta[2] and one of the (if not the) biggest in the world. Because of this, the private jobs data is largely made up of domestic manufacturers. Public jobs Average annual income: ¥154,475 RMB ($21,720 USD) Average monthly income: ¥12,872 RMB ($1,809 USD) Annual Increase: 4.4% (3.4% after inflation) Private Jobs Average annual income: ¥81,911 RMB ($11,517 USD) Average monthly income: ¥6,825 RMB ($959 USD) Annual Increase: 4.0% (2.9% after inflation) Data considerations: The first thing to consider here is what they deemed private vs public. From the report: Private entities specifically include: private limited liability companies, private joint stock companies, sole proprietorships and partnerships among domestic enterprises. Non-private entities specifically include: domestic-funded (including government agencies and public institutions) units other than private units, Hong Kong, Macao and Taiwan-invested enterprises, and foreign-invested enterprises. The report also specifies what exactly the term ‘total wages‘ means here: Total wages: It includes time wages, piece wages, bonuses, allowances and subsidies, overtime wages, wages paid under special circumstances, and is the sum of the total wages of on-the-job employees, the total wages of dispatched employees, and the total wages of other employees The data collection method described in the report does leave this writer wanting a bit more clarification (a trend among city statistics bureaus). It seems to be a self-reported survey, likely required for submission by legal entities (as this is a government bureau after all). Here it is from the report: A comprehensive survey method is adopted for legal entities that use one set of forms, and a sampling survey method is adopted for legal entities that do not use one set of forms. Guangzhou’s Historic Salary Growth In the 2023 bureau report (reflecting 2022 wages), the average annual salary in the public category was listed as ¥147,947 RMB ($20,802 USD), an increase of 4.41% from the previous year. If we look further back into the bureau’s reports, the average wage in Shenzhen has risen over 125% since the 2014 report: Average Salary in Guangzhou: Local HR Data Guanzhou Salary Data (Zhilian Zhaopin) Local HR giant Zhaopin regularly releases salary data for cities across China. The above photo shows the top 38 cities’ average and median salary levels in Q2 2024. Guangzhou came in at the #6 spot with an average monthly salary of ¥11,120 RMB ($1,566 USD)/month. Guanzhou’s median salary here is ¥9,001 RMB ($1,267 USD)/month. Compared to Other Top Cities Shanghai took the first spot with an average monthly salary of ¥13,732 RMB ($1,933 USD)/month. Beijing ranked second with an average monthly salary of ¥13,351 RMB ($1,874 USD)/month. Shenzhen comes in at the #3 spot with an average monthly salary of ¥12,799 RMB ($1,796 USD)/month. Hangzhou, Nanjing, Suzhou, and Ningbo round out the top 8. We also have median salary data here and can see the median of the top 3 cities – Shanghai, Beijing, and Shenzhen – all exceeded ¥10,000 RMB ($1,393 USD)/month. The median of the top 8 cities (including Guangzhou) all exceeded ¥9,000 RMB ($1,267 USD)/month It’s also interesting to note that there is a 59% difference in the median salary between the first (Shanghai) and last (Harbin) cities on this list. Related Resources: Average Salary in Shenzhen China: Local Data Breakdowns (2024) Salary Data for 8 of China’s Leading Tech Companies (2024) Average Salary Ranges for New University Graduates in China Top 10 Highest Paying Cities in China (2024) Average Salary in China: Local Data 2023+2024 Hiring in China? We can help, and likely lower your hiring costs by over 80% We’ve been recruiting in China since 2014! Our China Candidate Sourcing Service helps companies post & promote open roles across top Chinese jobs & networking platforms. Let’s find your next great China-based team member together. Book A Call Post a Job Contact us to discuss hiring goals, salary & compensation budgets, and if TeamedUp China is the right fit to support your organization. New here? Get 26% off your first job post with us. Edit Template
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