Average Buyer Salary in China for 2024

In this article, we will look at the average Buyer salary for 2024 in China and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Chinese yuan. To keep things simple, we are using the CNY currency code instead of the currency symbol ¥.

How Much Does a Buyer Make in China?

A Buyer working in China will typically earn around 454,300 CNY per year, and this can range from the lowest average salary of about 216,800 CNY to the highest average salary of 714,600 CNY.

Average Annual Salary
454,300 CNY
Average Monthly Salary
37,858 CNY

Lowest Annual Salary
216,800 CNY
Lowest Monthly Salary
18,066 CNY

Highest Annual Salary
714,600 CNY
Highest Monthly Salary
59,550 CNY

These are average salaries for a Buyer in China and include benefits such as housing and transport. It's also possible for a Buyer to earn more or less than the average salaries shown above.

Buyer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Buyer Salaries in China

So we've looked at the average salaries a Buyer will earn in China. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Buyer can earn between 216,800 CNY and 714,600 CNY on average in China. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Buyer in China is 472,100 CNY. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 472,100 CNY, and 50% of the population earn more than 472,100 CNY.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Buyer salary in China, 25% of the population are earning less than 312,400 CNY while 75% of the population earn more than 312,400 CNY.

75% of the population earn less than 615,700 CNY, and 25% of the population earn more than 615,700 CNY.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Buyer Salary by Experience Level in China

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average buyer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Buyer in China that has less than two years of experience can expect to earn somewhere in the region of 254,700 CNY.
  • 2 - 5 Years Experience. With two to five years of experience the average Buyer salary would increase to 362,200 CNY.
  • 5 - 10 Years Experience. From five to ten years of experience as a Buyer, the average salary would be 475,700 CNY.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 582,700 CNY.
  • 15 - 20 Years Experience. A Buyer with 15 to 20 years of experience can earn an average of 620,300 CNY.
  • 20+ Years Experience. For a Buyer with more than 20 years, the expected average salary increases to 681,900 CNY.

Average Salary by Experience Chart

0-2 Years
254,700 CNY
2-5 Years +42%
362,200 CNY
5-10 Years +31%
475,700 CNY
10-15 Years +23%
582,700 CNY
15-20 Years +6%
620,300 CNY
20+ Years +10%
681,900 CNY

Buyer Salary by Education Level in China

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Buyer in China based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Buyer in China with a high school education can earn an average salary of 315,900 CNY.

  • Certificate or Diploma. A Buyer in China with a certificate or diploma education can earn an average salary of 366,200 CNY.

  • Bachelor's Degree. A Buyer in China with a bachelor's degree education can earn an average salary of 533,000 CNY.

  • Master's Degree. A Buyer in China with a master's degree education can earn an average salary of 659,400 CNY.

Average Salary by Education Chart

High School
315,900 CNY
Certificate or Diploma +16%
366,200 CNY
Bachelor's Degree +46%
533,000 CNY
Master's Degree +23%
659,400 CNY

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in China is around 146,000 to 439,000 CNY and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Buyer Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In China, a male buyer will earn an average of 472,000 CNY, while a female buyer will earn around 442,300 CNY.

This means that a male buyer earns approximately 7% more than a female buyer for performing the same job.

Average Salary by Gender Chart in China

Male
472,000 CNY
Female -7%
442,300 CNY

Buyer Average Pay Raise in China

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Buyer in China is around 11% every 17 months.

The national average pay raise across all professions and industries in China is around 9% every 15 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 17 ) × 12  = 8%

What this means is that a Buyer in China can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in China for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in China.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Buyer Bonus and Incentive Rates in China

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Buyer is a moderate bonus based job, with 59% of employees reporting at least one bonus in the last 12 months.

41% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus
59%
No Bonus
41%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in China earn approximately 6% more than private sector employees in the same role.

Public Sector
362,200 CNY
Private Sector -6%
341,400 CNY

Salaries for Jobs Similar to a Buyer

In the table below, we have salary information for jobs that are similar to a Buyer in China.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 309,800 CNY
Asset Protection Associate Purchasing and Inventory 296,000 CNY
Asset Protection Specialist Purchasing and Inventory 325,900 CNY
Assistant Buyer Purchasing and Inventory 288,100 CNY
Capacity Planner Purchasing and Inventory 341,900 CNY
Category Leader Purchasing and Inventory 327,800 CNY
Category Management Specialist Purchasing and Inventory 318,800 CNY
Category Manager Purchasing and Inventory 353,600 CNY
Channel Services Representative Purchasing and Inventory 313,700 CNY
Contracts Manager Purchasing and Inventory 397,900 CNY
Contracts Specialist Purchasing and Inventory 330,700 CNY
Demand Planner Purchasing and Inventory 348,300 CNY
Demand Planning Manager Purchasing and Inventory 388,100 CNY
Distribution Assistant Purchasing and Inventory 275,800 CNY
Distribution Associate Purchasing and Inventory 294,700 CNY
Distribution Manager Purchasing and Inventory 597,800 CNY
Inventory Analyst Purchasing and Inventory 301,300 CNY
Inventory Control Clerk Purchasing and Inventory 172,200 CNY
Inventory Control Manager Purchasing and Inventory 412,000 CNY
Inventory Management Associate Purchasing and Inventory 330,900 CNY
Inventory Specialist Purchasing and Inventory 309,800 CNY
Logistics Engineer Purchasing and Inventory 288,700 CNY
Master Planner Purchasing and Inventory 283,700 CNY
Material Handler Purchasing and Inventory 187,300 CNY
Material Planning Specialist Purchasing and Inventory 275,800 CNY
Merchandise Manager Purchasing and Inventory 365,400 CNY
Procurement Administrator Purchasing and Inventory 385,300 CNY
Procurement Agent Purchasing and Inventory 232,900 CNY
Procurement Analyst Purchasing and Inventory 403,100 CNY
Procurement Assistant Purchasing and Inventory 240,500 CNY
Procurement Associate Purchasing and Inventory 330,700 CNY
Procurement Clerk Purchasing and Inventory 152,000 CNY
Procurement Engineer Purchasing and Inventory 320,500 CNY
Procurement Manager Purchasing and Inventory 625,000 CNY
Procurement Officer Purchasing and Inventory 154,700 CNY
Procurement Process Analyst Purchasing and Inventory 361,600 CNY
Procurement Specialist Purchasing and Inventory 283,400 CNY
Production Planner Purchasing and Inventory 327,800 CNY
Project Buyer Purchasing and Inventory 377,200 CNY
Purchaser Purchasing and Inventory 454,900 CNY
Purchasing Agent Purchasing and Inventory 263,200 CNY
Purchasing Assistant Purchasing and Inventory 161,600 CNY
Purchasing Manager Purchasing and Inventory 645,800 CNY
Purchasing Officer Purchasing and Inventory 296,000 CNY
Purchasing Supervisor Purchasing and Inventory 430,500 CNY
Shipping and Receiving Clerk Purchasing and Inventory 159,400 CNY
Shipping Coordinator Purchasing and Inventory 294,700 CNY
Stock Clerk Purchasing and Inventory 172,200 CNY
Stock Regulator Purchasing and Inventory 180,300 CNY
Storage Manager Purchasing and Inventory 407,300 CNY
Store Keeper Purchasing and Inventory 152,100 CNY
Stores and Logistics Coordinator Purchasing and Inventory 339,100 CNY
Supply Chain Analyst Purchasing and Inventory 454,300 CNY
Supply Chain Coordinator Purchasing and Inventory 344,600 CNY
Supply Chain Development Manager Purchasing and Inventory 592,600 CNY
Supply Chain Director Purchasing and Inventory 639,100 CNY
Supply Chain Manager Purchasing and Inventory 629,800 CNY
Supply Planner Purchasing and Inventory 315,900 CNY
Warehouse Assistant Purchasing and Inventory 129,000 CNY
Warehouse Clerk Purchasing and Inventory 127,700 CNY
Warehouse Executive Purchasing and Inventory 504,500 CNY
Warehouse Lead Purchasing and Inventory 371,100 CNY
Warehouse Manager Purchasing and Inventory 552,400 CNY
Warehouse Supervisor Purchasing and Inventory 367,200 CNY
Wholesale Buyer Purchasing and Inventory 464,900 CNY

Salary Comparison by City

If you want to compare salaries with different cities in China, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Beijing 531,700 CNY
Changchun 454,300 CNY
Changsha 428,400 CNY
Chengdu 510,300 CNY
Chongqing 519,300 CNY
Dalian 420,800 CNY
Dongguan 454,900 CNY
Foshan 420,100 CNY
Fuzhou 415,900 CNY
Guangzhou 539,800 CNY
Hangzhou 510,300 CNY
Harbin 472,100 CNY
Jinan 498,000 CNY
Kunming 433,800 CNY
Nanjing 467,700 CNY
Qingdao 459,300 CNY
Quanzhou 401,300 CNY
Shanghai 541,700 CNY
Shantou 483,800 CNY
Shenyang 502,200 CNY
Shenzhen 472,100 CNY
Suzhou 480,300 CNY
Tianjin 480,300 CNY
Wenzhou 460,500 CNY
Wuhan 492,700 CNY
Wuxi 414,000 CNY
Xi an 499,300 CNY
Xiamen 421,400 CNY
Zhengzhou 397,900 CNY

Salary Comparison by State

The table below includes links to the average salary for each state in China.

City Average Salary
Anhui 501,400 CNY
Beijing 428,400 CNY
Chongqing 471,700 CNY
Fujian 467,100 CNY
Gansu 444,300 CNY
Guangdong 566,900 CNY
Guangxi 485,300 CNY
Guizhou 457,300 CNY
Hainan 428,400 CNY
Hebei 504,300 CNY
Heilongjiang 464,900 CNY
Henan 553,800 CNY
Hubei 489,500 CNY
Hunan 516,100 CNY
Jiangsu 539,700 CNY
Jiangxi 467,700 CNY
Jilin 442,300 CNY
Liaoning 496,100 CNY
Nei Monggol 419,400 CNY
Ningxia 403,100 CNY
Qinghai 412,000 CNY
Shaanxi 448,500 CNY
Shandong 531,700 CNY
Shanghai 437,900 CNY
Shanxi 437,300 CNY
Sichuan 522,700 CNY
Tianjin 420,800 CNY
Xinjiang Uygur 447,300 CNY
Xizang [Tibet] 389,200 CNY
Yunnan 499,300 CNY
Zhejiang 524,400 CNY

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