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?
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.
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 Years341,400 CNY
- 2-5 Years+31% from previous448,500 CNY
- 5-10 Years+40% from previous626,800 CNY
- 10-15 Years+20% from previous751,700 CNY
- 15-20 Years+9% from previous816,000 CNY
- 20+ Years+8% from previous883,500 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 Degree406,300 CNY
- Master's Degree+48% from previous600,000 CNY
- PhD+46% from previous874,300 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.
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
- Education2%
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 Level3% - 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% 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.
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)
| Location | Type | Average | Median | Range |
|---|---|---|---|---|
| Guangdong | Region | 677,100 CNY | 650,800 CNY | 351,900-1,035,500 CNY |
| Sichuan | Region | 671,000 CNY | 658,300 CNY | 341,400-1,035,500 CNY |
| Hangzhou | City | 664,500 CNY | 692,500 CNY | 317,700-1,043,700 CNY |
| Shandong | Region | 663,200 CNY | 689,900 CNY | 318,800-1,037,600 CNY |
| Guangzhou | City | 663,200 CNY | 650,800 CNY | 340,000-1,021,800 CNY |
| Chongqing (city) | City | 660,500 CNY | 714,300 CNY | 301,700-1,048,100 CNY |
| Jiangsu | Region | 650,700 CNY | 626,800 CNY | 340,400-999,500 CNY |
| Henan | Region | 643,400 CNY | 656,800 CNY | 315,700-1,003,800 CNY |
| Beijing (city) | City | 641,900 CNY | 680,100 CNY | 301,300-1,011,500 CNY |
| Shanghai (city) | City | 637,500 CNY | 675,100 CNY | 297,000-1,004,600 CNY |
| Tianjin (city) | City | 633,300 CNY | 646,600 CNY | 312,400-990,700 CNY |
| Hunan | Region | 632,400 CNY | 658,300 CNY | 301,700-993,600 CNY |
| Chengdu | City | 628,000 CNY | 628,000 CNY | 315,700-974,600 CNY |
| Guangxi | Region | 623,700 CNY | 660,500 CNY | 294,700-986,700 CNY |
| Wuhan | City | 620,300 CNY | 659,400 CNY | 292,000-978,900 CNY |
| Liaoning | Region | 619,000 CNY | 669,100 CNY | 282,500-985,700 CNY |
| Hubei | Region | 615,700 CNY | 578,500 CNY | 325,900-934,900 CNY |
| Hebei | Region | 612,500 CNY | 612,500 CNY | 307,400-948,900 CNY |
| Nanjing | City | 610,100 CNY | 563,000 CNY | 330,700-923,000 CNY |
| Jiangxi | Region | 610,100 CNY | 646,600 CNY | 286,400-965,800 CNY |
| Zhejiang | Region | 607,400 CNY | 572,200 CNY | 322,600-923,000 CNY |
| Xi an | City | 605,700 CNY | 653,200 CNY | 277,400-962,900 CNY |
| Anhui | Region | 600,000 CNY | 600,000 CNY | 301,800-931,700 CNY |
| Suzhou | City | 598,600 CNY | 562,600 CNY | 318,800-915,100 CNY |
| Jinan | City | 590,200 CNY | 565,100 CNY | 308,900-903,500 CNY |
| Yunnan | Region | 590,200 CNY | 600,000 CNY | 290,800-918,600 CNY |
| Shenyang | City | 590,200 CNY | 638,700 CNY | 272,800-938,700 CNY |
| Shenzhen | City | 588,500 CNY | 575,100 CNY | 297,000-903,500 CNY |
| Harbin | City | 587,800 CNY | 562,600 CNY | 307,400-899,200 CNY |
| Fujian | Region | 580,600 CNY | 545,300 CNY | 309,800-882,400 CNY |
| Guizhou | Region | 576,500 CNY | 563,300 CNY | 294,300-888,400 CNY |
| Shanxi | Region | 574,200 CNY | 608,500 CNY | 271,300-908,200 CNY |
| Wenzhou | City | 573,500 CNY | 583,000 CNY | 281,500-895,900 CNY |
| Shaanxi | Region | 566,900 CNY | 533,000 CNY | 301,300-862,400 CNY |
| Shantou | City | 566,900 CNY | 543,200 CNY | 294,700-868,400 CNY |
| Qingdao | City | 562,600 CNY | 608,500 CNY | 259,100-899,100 CNY |
| Jilin | Region | 562,600 CNY | 553,800 CNY | 286,400-868,400 CNY |
| Heilongjiang | Region | 551,200 CNY | 504,500 CNY | 299,500-830,500 CNY |
| Changchun | City | 544,800 CNY | 576,500 CNY | 254,800-860,300 CNY |
| Dalian | City | 544,800 CNY | 587,800 CNY | 249,600-864,900 CNY |
| Gansu | Region | 539,700 CNY | 563,000 CNY | 259,100-851,200 CNY |
| Chongqing (region) | Region | 538,600 CNY | 551,200 CNY | 265,000-844,100 CNY |
| Shanghai (region) | Region | 533,000 CNY | 513,300 CNY | 275,500-816,000 CNY |
| Tianjin (region) | Region | 531,700 CNY | 574,200 CNY | 245,300-847,000 CNY |
| Foshan | City | 528,600 CNY | 559,000 CNY | 247,800-836,800 CNY |
| Dongguan | City | 528,600 CNY | 507,300 CNY | 273,000-810,400 CNY |
| Hainan | Region | 528,500 CNY | 568,500 CNY | 243,000-840,800 CNY |
| Quanzhou | City | 524,700 CNY | 565,100 CNY | 239,300-832,000 CNY |
| Xiamen | City | 524,400 CNY | 480,300 CNY | 283,400-790,300 CNY |
| Changsha | City | 520,900 CNY | 491,000 CNY | 275,500-792,900 CNY |
| Nei Monggol | Region | 510,200 CNY | 510,200 CNY | 254,800-790,600 CNY |
| Beijing (region) | Region | 500,100 CNY | 460,500 CNY | 271,300-757,300 CNY |
| Fuzhou | City | 500,100 CNY | 510,200 CNY | 246,200-780,600 CNY |
| Kunming | City | 499,300 CNY | 476,600 CNY | 259,100-761,400 CNY |
| Xinjiang Uygur | Region | 498,000 CNY | 498,000 CNY | 251,500-772,900 CNY |
| Wuxi | City | 492,700 CNY | 472,100 CNY | 258,400-757,300 CNY |
| Zhengzhou | City | 491,000 CNY | 522,700 CNY | 231,000-773,400 CNY |
| Ningxia | Region | 483,400 CNY | 445,100 CNY | 261,300-728,500 CNY |
| Qinghai | Region | 483,400 CNY | 492,400 CNY | 237,400-751,700 CNY |
| Xizang [Tibet] | Region | 472,100 CNY | 431,300 CNY | 254,700-712,100 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.