Labor cost index in China, Q1 2009 - Q4 2019
For that indicator, we provide data for China from Q1 2009 to Q4 2019. The average value for China during that period was 153.99 index points with a minimum of 100 index points in Q1 2009 and a maximum of 204.02 index points in Q4 2019.
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* indicates monthly or quarterly data series
Measure: index points
Source: National Bureau of Statistics of China
Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.