Updated 25 October 2026
Quick answer: In China in 2026, the minimum wage is ¥2,740/month (about $411 a month full time); mortgage rates are about 3.5%; the state pension age is ~60 y 4 m men; ~55 y 4 m / 50 y 8 m women. The table below puts 7 everyday money measures for China side by side and ranks each one against the other countries in our data, using official figures from national statistics offices, central banks, the OECD and Eurostat.
Most comparisons of China look at one number at a time. This page gathers the figures that matter for working, buying a home, paying bills and retiring in China, so you can see them together and see how China compares. Each section links to our full guide for that topic, which covers every country and lists the original sources, and each dataset can be downloaded free.
China at a Glance
| Measure | China | Rank |
|---|---|---|
| Minimum wage | ¥2,740/month (≈ $411/month) | 6th lowest of 38 |
| Pay rise forecast 2027 | 4.3% (inflation %) | 11th highest of 29 |
| Mortgage rate | 3.5% (5-year LPR, Oct 2026) | 13th lowest of 31 |
| State pension age | ~60 y 4 m men; ~55 y 4 m / 50 y 8 m women | 8th lowest of 39 |
| Pension (share of pay) | 103.6% of net pay | Highest of 50 |
| Bank deposit protection | ¥500,000 (RMB) per person, per bank | — |
| Inheritance tax (children) | None | — |
Rank compares China with the other countries in each dataset; "highest" means the largest value. "—" means the measure isn't ranked.
Minimum Wage in China (2026)
The legal minimum wage in China is ¥2,740/month. For a month of full-time work that is about $411 at current exchange rates, 6th lowest of 38 countries in our comparison. Highest provincial rate; set by province.
Full table for every country, with sources: Minimum Wage by Country 2026: Hourly and Monthly Rates in US Dollars. Download the data (CSV).
Pay Rises in China: 2027 Forecast
Employers in China expect to raise salaries by 4.3% in 2027 (median of the major pay surveys), after 4.2% in 2026. With inflation at % (), that is roughly flat in real terms.
Full table for every country, with sources: Salary Increase Forecasts 2027 by Country: Every Major Survey in One Table. Download the data (CSV).
Mortgage Rates in China (2026)
The typical mortgage rate in China is 3.5% (5-year LPR, Oct 2026), 13th lowest of 31 countries.
The loan prime rate that mortgages are priced from, unchanged for 17 months; many new mortgages are priced below it.
Full table for every country, with sources: Mortgage Rates by Country 2026: Where Buying a Home Costs the Most. Download the data (CSV).
Retirement Age in China
The state pension age in China is ~60 y 4 m men; ~55 y 4 m / 50 y 8 m women for people reaching it in 2026; the earliest you can claim is —. Future change: 63 men; 58 / 55 women by 2040. Rising by about one month every four months (every two months for women blue-collar workers) since January 2025.
Full table for every country, with sources: Retirement Age by Country 2026: State Pension Ages in 39 Countries. Download the data (CSV).
How Much the State Pension Pays in China
A full-career average earner in China can expect a mandatory pension worth about 103.6% of their previous net pay, the most generous of 50 countries we compare (OECD average 63.2%). Low earner (half the average wage): 130%. High earner (twice the average): 91%.
Full table for every country, with sources: State Pension Amounts by Country 2026: How Much Retirees Actually Get. Download the data (CSV).
How Much of Your Money Is Protected in China
Bank deposits in China are protected up to ¥500,000 (RMB) per depositor, per bank (about $75,000), under the Deposit insurance fund scheme. Principal and interest. Money in payment apps and e-money wallets is usually not covered.
Full table for every country, with sources: Deposit Insurance Limits by Country 2026: How Much of Your Money Is Protected. Download the data (CSV).
Inheritance Tax in China
China has no inheritance tax for children.
Full table for every country, with sources: Inheritance Tax by Country 2026: Thresholds, Rates and Who Pays. Download the data (CSV).
Frequently Asked Questions
What is the minimum wage in China in 2026?
The minimum wage in China is ¥2,740/month, about $411 a month for full-time work. That is 6th lowest of 38 countries. Highest provincial rate; set by province.
What is the average pay rise in China for 2027?
Pay surveys forecast an average salary increase of 4.3% in China for 2027, against inflation of %.
What are mortgage rates in China right now?
Mortgage rates in China are about 3.5% (5-year LPR, Oct 2026). The loan prime rate that mortgages are priced from, unchanged for 17 months; many new mortgages are priced below it.
What is the retirement age in China?
The state pension age in China is ~60 y 4 m men; ~55 y 4 m / 50 y 8 m women in 2026, with the earliest claim at —. Legislated change: 63 men; 58 / 55 women by 2040.
How much is the state pension in China?
In China, mandatory pensions replace about 103.6% of an average earner's net pay after a full career, against an OECD average of 63.2%.
How much money is insured in a bank in China?
Deposits in China are insured up to ¥500,000 (RMB) per person, per bank.
Is there inheritance tax in China?
No. China does not tax inheritances passed to children.
Compare China With Other Countries
See every country side by side in Compare Countries 2026: Minimum Wage, Tax, Mortgage Rates, Energy and Pension Age in 35 Countries, or open a country page: Australia, Austria, Belgium, Brazil, Canada, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, India, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, the United Kingdom, the United States.
Related Guides
- Minimum Wage by Country 2026: Hourly and Monthly Rates in US Dollars
- Salary Increase Forecasts 2027 by Country: Every Major Survey in One Table
- Mortgage Rates by Country 2026: Where Buying a Home Costs the Most
- Retirement Age by Country 2026: State Pension Ages in 39 Countries
- State Pension Amounts by Country 2026: How Much Retirees Actually Get
- Deposit Insurance Limits by Country 2026: How Much of Your Money Is Protected
- Inheritance Tax by Country 2026: Thresholds, Rates and Who Pays
- How Much Emergency Fund Do You Need? (With Calculator)
Figures checked against the official sources listed in each linked guide in October 2026. Exchange-rate conversions are approximate. This page is for information and isn't financial or legal advice.
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