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Average Economist Salary in China for 2026

An economist in China earns about 597,800 CNY a year. That's 70% above the national average of 351,900 CNY.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in China sit around 305,600 CNY a year, while the very top stretches to 922,900 CNY. Everything on this page is in Chinese yuan (CNY, symbol ¥), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in China, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does an economist make in China?

Average salary
597,800 CNY
49,816 CNY per month
Lowest reported
305,600 CNY
25,466 CNY per month
Highest reported
922,900 CNY
76,908 CNY per month

A typical economist working in China brings home around 49,816 CNY a month before tax. Entry-level pay starts near 305,600 CNY, and the top of the ladder reaches roughly 922,900 CNY for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior economist working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.


How economist pay ranges in China

A good way to think about salary in China is to look at the distribution rather than the headline average. Half of all economists in China earn less than 588,500 CNY a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 399,900 CNY (the 25th percentile), and a quarter clear 739,500 CNY (the 75th percentile). The middle 50% of economists sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 305,600 CNY. The highest stretch to 922,900 CNY, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

305,600
Low
588,500
Median
922,900
High
399,900
25th
739,500
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in CNY

Economist pay by experience in China

Years of experience is the single biggest lever on pay for an economist in China, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical economist salary changes as you move through the career ladder.

  • 0-2 Years
    341,400 CNY
  • 2-5 Years
    +31% from previous
    448,500 CNY
  • 5-10 Years
    +40% from previous
    626,800 CNY
  • 10-15 Years
    +20% from previous
    751,700 CNY
  • 15-20 Years
    +9% from previous
    816,000 CNY
  • 20+ Years
    +8% from previous
    883,500 CNY

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 40%. That is the point at which a economist typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Economist pay by education in China

Education sits alongside experience as one of the biggest factors driving economist pay in China. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average economist salary in China broken down by the highest level of education a worker has completed.

  • Bachelor's Degree
    406,300 CNY
  • Master's Degree
    +48% from previous
    600,000 CNY
  • PhD
    +46% from previous
    874,300 CNY

Economist gender pay gap in China

The gender pay gap is a stubborn feature of almost every labour market, and China is no exception. Male economists in China earn an average of 631,200 CNY a year, while female economists earn around 566,900 CNY. That works out to a 11% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Economist gender pay gap

10%

Men earn this much more than women on average in China.

Men 631,200 CNY
Women 566,900 CNY

Pay raises for an economist in China

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in China sees a raise of about 13% every 16 months, which works out to roughly 10% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in China, the national average raise is around 9% every 15 months.

By industry

Industries with the highest pay raises in China:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education
    2%

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Economist bonus rates in China

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

82%

82% of economists in China reported a bonus of some kind in the past twelve months. That makes an economist a high-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 6% to 8% of base salary. The remaining 18% of economists reported no bonus at all over the same period.

Which careers pay bonuses in China

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Economist: public vs private sector pay

Public-sector pay in China is about 6% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in China on average.

Public sector 362,200 CNY
Private sector 341,400 CNY

Economist salary by city and region in China

Economist pay is not even across China. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • Guangdong
  • Sichuan
  • Hangzhou
  • Shandong
  • Guangzhou
  • Chongqing (city)
  • Jiangsu
  • Henan
  • Beijing (city)
  • Shanghai (city)
LocationTypeAverageMedianRange
GuangdongRegion677,100 CNY650,800 CNY351,900-1,035,500 CNY
SichuanRegion671,000 CNY658,300 CNY341,400-1,035,500 CNY
HangzhouCity664,500 CNY692,500 CNY317,700-1,043,700 CNY
ShandongRegion663,200 CNY689,900 CNY318,800-1,037,600 CNY
GuangzhouCity663,200 CNY650,800 CNY340,000-1,021,800 CNY
Chongqing (city)City660,500 CNY714,300 CNY301,700-1,048,100 CNY
JiangsuRegion650,700 CNY626,800 CNY340,400-999,500 CNY
HenanRegion643,400 CNY656,800 CNY315,700-1,003,800 CNY
Beijing (city)City641,900 CNY680,100 CNY301,300-1,011,500 CNY
Shanghai (city)City637,500 CNY675,100 CNY297,000-1,004,600 CNY
Tianjin (city)City633,300 CNY646,600 CNY312,400-990,700 CNY
HunanRegion632,400 CNY658,300 CNY301,700-993,600 CNY
ChengduCity628,000 CNY628,000 CNY315,700-974,600 CNY
GuangxiRegion623,700 CNY660,500 CNY294,700-986,700 CNY
WuhanCity620,300 CNY659,400 CNY292,000-978,900 CNY
LiaoningRegion619,000 CNY669,100 CNY282,500-985,700 CNY
HubeiRegion615,700 CNY578,500 CNY325,900-934,900 CNY
HebeiRegion612,500 CNY612,500 CNY307,400-948,900 CNY
NanjingCity610,100 CNY563,000 CNY330,700-923,000 CNY
JiangxiRegion610,100 CNY646,600 CNY286,400-965,800 CNY
ZhejiangRegion607,400 CNY572,200 CNY322,600-923,000 CNY
Xi anCity605,700 CNY653,200 CNY277,400-962,900 CNY
AnhuiRegion600,000 CNY600,000 CNY301,800-931,700 CNY
SuzhouCity598,600 CNY562,600 CNY318,800-915,100 CNY
JinanCity590,200 CNY565,100 CNY308,900-903,500 CNY
YunnanRegion590,200 CNY600,000 CNY290,800-918,600 CNY
ShenyangCity590,200 CNY638,700 CNY272,800-938,700 CNY
ShenzhenCity588,500 CNY575,100 CNY297,000-903,500 CNY
HarbinCity587,800 CNY562,600 CNY307,400-899,200 CNY
FujianRegion580,600 CNY545,300 CNY309,800-882,400 CNY
GuizhouRegion576,500 CNY563,300 CNY294,300-888,400 CNY
ShanxiRegion574,200 CNY608,500 CNY271,300-908,200 CNY
WenzhouCity573,500 CNY583,000 CNY281,500-895,900 CNY
ShaanxiRegion566,900 CNY533,000 CNY301,300-862,400 CNY
ShantouCity566,900 CNY543,200 CNY294,700-868,400 CNY
QingdaoCity562,600 CNY608,500 CNY259,100-899,100 CNY
JilinRegion562,600 CNY553,800 CNY286,400-868,400 CNY
HeilongjiangRegion551,200 CNY504,500 CNY299,500-830,500 CNY
ChangchunCity544,800 CNY576,500 CNY254,800-860,300 CNY
DalianCity544,800 CNY587,800 CNY249,600-864,900 CNY
GansuRegion539,700 CNY563,000 CNY259,100-851,200 CNY
Chongqing (region)Region538,600 CNY551,200 CNY265,000-844,100 CNY
Shanghai (region)Region533,000 CNY513,300 CNY275,500-816,000 CNY
Tianjin (region)Region531,700 CNY574,200 CNY245,300-847,000 CNY
FoshanCity528,600 CNY559,000 CNY247,800-836,800 CNY
DongguanCity528,600 CNY507,300 CNY273,000-810,400 CNY
HainanRegion528,500 CNY568,500 CNY243,000-840,800 CNY
QuanzhouCity524,700 CNY565,100 CNY239,300-832,000 CNY
XiamenCity524,400 CNY480,300 CNY283,400-790,300 CNY
ChangshaCity520,900 CNY491,000 CNY275,500-792,900 CNY
Nei MonggolRegion510,200 CNY510,200 CNY254,800-790,600 CNY
Beijing (region)Region500,100 CNY460,500 CNY271,300-757,300 CNY
FuzhouCity500,100 CNY510,200 CNY246,200-780,600 CNY
KunmingCity499,300 CNY476,600 CNY259,100-761,400 CNY
Xinjiang UygurRegion498,000 CNY498,000 CNY251,500-772,900 CNY
WuxiCity492,700 CNY472,100 CNY258,400-757,300 CNY
ZhengzhouCity491,000 CNY522,700 CNY231,000-773,400 CNY
NingxiaRegion483,400 CNY445,100 CNY261,300-728,500 CNY
QinghaiRegion483,400 CNY492,400 CNY237,400-751,700 CNY
Xizang [Tibet]Region472,100 CNY431,300 CNY254,700-712,100 CNY


Economist in China: FAQs

  • How much does an economist make per month in China?

    An economist in China earns about 49,816 CNY a month before tax, based on an annual average of 597,800 CNY.

  • What's the salary range for an economist in China?

    Entry-level economists in China start near 305,600 CNY. Top-end pay reaches around 922,900 CNY. The middle 50% of earners sit between 399,900 and 739,500 CNY.

  • Is the median economist salary in China higher or lower than the average?

    The median is 588,500 CNY, lower than the average of 597,800 CNY. Half of economists in China earn below the median, half earn above it.

  • What's the gender pay gap for economists in China?

    Men working as an economist in China earn around 11% more than women on average (631,200 vs 566,900 CNY a year).

  • Do economists in China get bonuses?

    About 82% of economists in China reported a bonus in the past 12 months. Reported bonuses ranged from 6% to 8% of base salary.

  • Do economists earn more in the public or private sector in China?

    In China, the public sector pays an economist about 6% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do economists in China get a pay raise?

    An economist in China sees a raise of around 13% every 16 months, equivalent to roughly 10% a year.