Seven Chinese Provinces Pilot New Minimum Wage Reform

China's Ministry of Human Resources and Social Security recently stated that provinces and municipalities could consider adopting a flexible minimum wage system so that the various levels of minimum wage are linked to fluctuations in food prices at the local level. The stated aim of the reform is to ease the impact of price rises on local residents. At present, seven provinces, including Shandong, Jiangsu and Zhejiang, have piloted the reform.