Wages in China kept pace with economic growth in the first half of 2016 but maintaining that will be difficult, the country’s statistics bureau said on Sunday.
It cited issues such as overcapacity in China’s coal and steel sectors as well as some declining agricultural prices as taking a toll on salaries.
Maintaining the relationship between the pace of growth and that of wage increases is a challenge requiring “close attention”, Wang Pingping, head of the National Bureau of Statistics’ (NBS) household survey office said, according to the bureau’s website.
Disposable household income, adjusted for inflation, rose 6.5 percent in the first half of the year, compared with economic growth of 6.7 percent, the statistics bureau reported on July 15.Asia Times
China will struggle to maintain growth pace for wages – stats bureau