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MANUFACTURING EMPLOYMENT AND COMPENSATION IN CHINA - page 85 / 106

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Table 9. Compensation of urban manufacturing employees and TVE industry employees, Yangtze Delta provinces and Guangdong, China, 2002

Adjusted hourly labor compensation

Adjusted monthly labor compensation

Adjusted annual labor compensation

Annual earnings (yuan)

Province

U.S. dollars

Yuan

U.S. dollars

Yuan

U.S. dollars

Yuan

$0.95 1.87 1.15 1.00 1.28

7.87 15.50 9.48 8.28 10.56

$173 340 208 182 232

1,429 2,814 1,722 1,504 1,917

$2,071 4,078 2,496 2,179 2,778

17,152 33,770 20,663 18,042 23,005

11,152 21,957 13,435 11,731 14,958

Urban manufacturing employees: National average................................ Shanghai municipality......................... Zhejiang province................................. Jiangsu province.................................. Guangdong province...............................

$0.38 0.71 0.60 0.48 0.49

3.13 5.86 5.00 4.00 4.10

$69 130 111 89 91

574 1,075 917 733 751

$899 1,557 1,329 1,062 1,088

7,442 12,894 11,003 8,794 9,013

6,891 11,939 10,188 8,143 8,345

TVE industry employees: National average................................ Shanghai municipality......................... Zhejiang province................................. Jiangsu province.................................. Guangdong province...............................

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77

TVE's are town and village enterprises.

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NOTES: U.S. dollars are calculated at the 2002 prevailing commercial exchange rate: 8.28 yuan = U.S.$1. Hourly wage estimates for urban workers are calculated under the assumption that urban manufacturing employees perform 2,179 actual hours of work per year and that TVE workers perform 2,200 hours per year. (See text for details.)

SOURCES: Table 8; China National Bureau of Statistics and China Ministry of Labor, compilers, China Labor Statistical Yearbook 2003 (Beijing, China Statistics Press, 2003), pp. 179, 473; China Ministry of Agriculture, TVE Yearbook Editorial Committee, ed., China Village and Town Enterprise Yearbook 2003 [in Chinese] (Beijing, China Agriculture Publishing House, 2003), pp. 156, 174.

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