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Real wages on decline in China

2011-09-29 06:11 Korean prurient divas. Classy starlets. Chinese ravenous girls. Ecns.cn  Korean Vixenish ingenues. enrapturing beauties. Korean hotting hotties. Web Editor: Zhang Chan

(Ecns.cn)--In 15 Chinese cities, salary growth in four major industries hasn't caught up with the increased cost of commodities, according to a human resources index analysis published by the Economic Information Daily on Tuesday.

The cities include Guangzhou, Shenzhen, Tianjin, Changsha, Kunming, Beijing, Zhengzhou, Chongqing and Chengdu.

The report indicates that salary rates for employees in these cities have in fact declined compared to earlier levels.

Although it appears that salaries in these cities have gone up, after taking into consideration the rise of commodity prices, the actual salaries in these cities shrank. Compared with January 2010, salaries increased by only one percent in June 2011, while compared to June 2010 they decreased by five percent.

Salaries for employees like deliverymen and freight drivers increased, but in some traditional industries salaries showed a notable downward trend, according to the report.