February 20th 2008
South
China's Guangdong Province says it will raise its minimum wage to help
workers to cope with rising living costs. The provincial labor bureau
says minimum wages in the provincial capital Guangzhou will rise 70
yuan to 860 yuan per month on April the first.
South China's Guangdong Province says it will raise its minimum wage to help workers to cope with rising living costs.
The bureau
says the wage increase can help relieve recent price pressure and
ensure basic living standards for low-income laborers. It added raising
the minimum wage will also increase the attraction of Guangdong for
employees, amid difficulty of some local firms in recruiting sufficient
workers.
Beijing and
Shanghai raised their minimum wages to 730 yuan and 840 yuan
respectively last year in the face of rising consumer prices.
(Source: CCTV.com)