Average starting pay of Chinese college grads hits 2,500 yuan

16:12, May 24, 2011      

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The average starting salary for fresh college graduates in China will likely grow at least 8 percent in 2011, according to the "China Salary Blue Book" released at the Eighth China Salary Management High-level Forum in Chengdu on May 21.

Statistics

General managers in Beijing paid most

The blue book shows that in January 2011, Xi'an offered a monthly minimum living allowance of 638 yuan per person, ranking first among all Chinese cities. Yinchuan ranked last with a monthly allowance of 135 yuan.

According to the blue book, the CEOs of companies in Beijing enjoy an average annual salary of 355,774 yuan, ranking first in China. Their counterparts in Guangzhou ranked second with an average annual salary of 168,838 yuan, while their counterparts in Lanzhou ranked last with an average annual salary of 36,515 yuan.

The general managers of Beijing-based companies enjoy an average annual salary of 378,126 yuan, ranking first in China, and their counterparts in Guangzhou ranked second with an average annual salary of 193,427 yuan.

The blue book also shows that in 2010, the top-three industries for vocational school graduates in terms of the average starting salary were the media, real estate and information technology industries, and the highest average starting salary was 1,882 yuan a month.

For college graduates, the top three industries were the financial, real estate, and IT industries, and the highest average starting salary was 2,520 yuan a month. For fresh graduates with a master's degree or a doctorate, the top three industries were the IT, knowledge-intensive services and real estate industries, and the highest average starting monthly salary was 4,087 yuan and 6,564 yuan respectively.

Forecast

Starting monthly salary for fresh graduates with a master's degree likely to exceed 4,000 yuan

It is estimated that the average starting salary for fresh college graduates will likely grow at least 8 percent in 2011, a relatively significant increase from last year. At the same time, the average starting monthly salary for vocational school graduates will reach nearly 2,000 yuan, and more college graduates will enjoy a starting monthly salary between 2,500 yuan and 3,500 yuan. In addition, the average starting salary for fresh graduates with a master's degree will exceed 4,000 yuan a month.

Shenzhen, Shanghai, Guangzhou, and Beijing remained the top-four cities in China in terms of starting salaries for fresh graduates. Among second-tier cities, Chengdu, Wuhan, and Dongguan offered the highest starting salaries.

Furthermore, graduates will continue to enjoy top starting salaries in the financial, IT, biology, energy, real estate and other traditionally popular fields.

By People's Daily Online

 
 
     
 
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(Editor:叶欣)

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