This is the latest edition of the Labor Market and Salary Report by the German Chamber of Commerce in China, in partnership with Direct HR.

This year’s report is based on the contributions of 524 firms in China. Companies have applied an average salary increase of 4.76 percent in 2023, and forecast a salary growth of 4.30 percent for 2024. Rising labor costs, and recruiting and retaining qualified staff are the top HR challenges that have the biggest impact on business operations.

The report also offers median compensation levels in China across 46 different roles, from blue-collar to general manager.