Breaking News, World News and Taiwan News.

Updated Friday, July 30, 2010 11:16 am TWN, China Daily/ Asia News Network

Wages in China to be pegged to consumer price index: report

BEIJING -- China is expected to approve a wage regulation by the end of this year in a major effort to improve workers' lives and narrow the income gap.

Yin Chengji, spokesman of the Ministry of Human Resources and Social Security, said the regulation has been drafted since 2008 and will soon be submitted to the State Council, China's cabinet, for approval, the China Business News reported. In line with the draft regulation, the wage increase in the country will be pegged to the consumer price index (CPI), the report said.

Subscribe to The China Post and save 25%. Click here

Share

Print

Email


Sponsors
▪	Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
▪	Save 70% for hotel in Shanghai and 6000 hotels, in Beijing, Guangzhou, Shenzhen, and all China.
▪	Get the best deals for Guangzhou Hotels or choose from more than 10,000 hotels in 499 Chinese cities.
▪	Find great real time deals on China Flights. Book flights to China or China domestic flights 24/7.