Average Exchange Control Consultant Salary in China for 2024

In this article, we will look at the average Exchange Control Consultant 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 an Exchange Control Consultant Make in China?

An Exchange Control Consultant working in China will typically earn around 415,900 CNY per year, and this can range from the lowest average salary of about 225,700 CNY to the highest average salary of 626,800 CNY.

Average Annual Salary
415,900 CNY
Average Monthly Salary
34,658 CNY

Lowest Annual Salary
225,700 CNY
Lowest Monthly Salary
18,808 CNY

Highest Annual Salary
626,800 CNY
Highest Monthly Salary
52,233 CNY

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

Exchange Control Consultant 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 Exchange Control Consultant Salaries in China

So we've looked at the average salaries an Exchange Control Consultant will earn in China. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Exchange Control Consultant can earn between 225,700 CNY and 626,800 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 an Exchange Control Consultant in China is 383,300 CNY. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 383,300 CNY, and 50% of the population earn more than 383,300 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 Exchange Control Consultant salary in China, 25% of the population are earning less than 273,300 CNY while 75% of the population earn more than 273,300 CNY.

75% of the population earn less than 466,300 CNY, and 25% of the population earn more than 466,300 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.

Exchange Control Consultant 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 exchange control consultant 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. An Exchange Control Consultant in China that has less than two years of experience can expect to earn somewhere in the region of 261,300 CNY.
  • 2 - 5 Years Experience. With two to five years of experience the average Exchange Control Consultant salary would increase to 327,300 CNY.
  • 5 - 10 Years Experience. From five to ten years of experience as an Exchange Control Consultant, the average salary would be 431,300 CNY.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 510,300 CNY.
  • 15 - 20 Years Experience. An Exchange Control Consultant with 15 to 20 years of experience can earn an average of 562,600 CNY.
  • 20+ Years Experience. For an Exchange Control Consultant with more than 20 years, the expected average salary increases to 600,000 CNY.

Average Salary by Experience Chart

0-2 Years
261,300 CNY
2-5 Years +26%
327,300 CNY
5-10 Years +32%
431,300 CNY
10-15 Years +18%
510,300 CNY
15-20 Years +11%
562,600 CNY
20+ Years +6%
600,000 CNY

Exchange Control Consultant 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 an Exchange Control Consultant in China based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. An Exchange Control Consultant in China with a bachelor's degree education can earn an average salary of 339,100 CNY.

  • Master's Degree. An Exchange Control Consultant in China with a master's degree education can earn an average salary of 514,300 CNY.

Average Salary by Education Chart

Bachelor's Degree
339,100 CNY
Master's Degree +53%
514,300 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.

Exchange Control Consultant 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 exchange control consultant will earn an average of 428,400 CNY, while a female exchange control consultant will earn around 397,900 CNY.

This means that a male exchange control consultant earns approximately 8% more than a female exchange control consultant for performing the same job.

Average Salary by Gender Chart in China

Male
428,400 CNY
Female -8%
397,900 CNY

Exchange Control Consultant 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 an Exchange Control Consultant in China is around 13% every 14 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 = ( 13 ÷ 14 ) × 12  = 11%

What this means is that an Exchange Control Consultant in China can expect to receive an average pay raise of around 11% 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%

Exchange Control Consultant 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.

An Exchange Control Consultant is a high bonus based job, with 78% of employees reporting at least one bonus in the last 12 months.

22% 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 6% to 7%.

Received Bonus
78%
No Bonus
22%

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 an Exchange Control Consultant

In the table below, we have salary information for jobs that are similar to an Exchange Control Consultant in China.

Job Title Category Salary
AML Analyst Banking 518,300 CNY
Assistant Bank Branch Manager Banking 444,300 CNY
Assistant Bank Manager Banking 608,500 CNY
ATM Manager Banking 535,900 CNY
ATM Service Technician Banking 138,800 CNY
Bank Accounts Analyst Banking 201,100 CNY
Bank Accounts Collector Banking 119,700 CNY
Bank Accounts Controller Banking 254,700 CNY
Bank Accounts Executive Banking 394,300 CNY
Bank Accounts Manager Banking 430,500 CNY
Bank Auditing Manager Banking 472,100 CNY
Bank Branch Manager Banking 642,800 CNY
Bank Branch Operations Coordinator Banking 283,400 CNY
Bank Clerk Banking 125,100 CNY
Bank Client Service Associate Banking 174,000 CNY
Bank Collector Banking 130,400 CNY
Bank Compliance Specialist Banking 320,500 CNY
Bank Manager Banking 727,400 CNY
Bank Operational Risk Manager Banking 757,300 CNY
Bank Operations Head Banking 751,100 CNY
Bank Operations Officer Banking 290,800 CNY
Bank Operations Specialist Banking 472,100 CNY
Bank Process Manager Banking 403,100 CNY
Bank Product Manager Banking 498,000 CNY
Bank Programme Manager Banking 485,200 CNY
Bank Project Manager Banking 563,300 CNY
Bank Propositions Manager Banking 544,800 CNY
Bank Quantitative Analyst Banking 384,200 CNY
Bank Regional Manager Banking 774,200 CNY
Bank Regional Risk Officer Banking 394,300 CNY
Bank Relationship Manager Banking 535,800 CNY
Bank Relationship Officer Banking 253,400 CNY
Bank Teller Banking 137,400 CNY
Banker Banking 265,000 CNY
Banking Business Analyst Banking 390,000 CNY
Banking Business Development Officer Banking 239,300 CNY
Banking Business Planning Executive Banking 548,800 CNY
Banking Product Manager Banking 496,100 CNY
Banking Reference Data Manager Banking 437,900 CNY
Banking Risk Analyst Banking 366,200 CNY
Banking Technical Analyst Banking 204,000 CNY
Bankruptcy Coordinator Banking 266,000 CNY
Bill and Account Collector Banking 134,600 CNY
Budget Analyst Banking 382,600 CNY
Capital Risk Manager Banking 695,400 CNY
Cards Marketing Manager Banking 475,700 CNY
Cash Management Manager Banking 702,800 CNY
Check Processing Manager Banking 491,000 CNY
Commercial Vault Associate Banking 367,900 CNY
Corporate Banker Banking 290,800 CNY
Corporate Dealer Banking 409,000 CNY
Credit Analyst Banking 301,700 CNY
Credit and Collections Manager Banking 498,000 CNY
Credit Card Fraud Investigator Banking 397,900 CNY
Credit Portfolio Manager Banking 694,700 CNY
Credit Risk Analyst Banking 415,900 CNY
Credit Risk Associate Banking 419,400 CNY
Direct Bank Sales Representative Banking 288,100 CNY
Executive Account Analyst Banking 378,800 CNY
Financial Bank Planning Consultant Banking 502,200 CNY
Financial Banking Analysis Manager Banking 587,800 CNY
Financial Banking Assistant Banking 180,500 CNY
Financial Banking Systems Manager Banking 535,900 CNY
Foreign Exchange Manager Banking 544,800 CNY
Fraud Analyst Banking 413,900 CNY
Fraud Detection Associate Banking 283,400 CNY
Fraud Detection Manager Banking 612,500 CNY
Fraud Detection Supervisor Banking 320,500 CNY
Internal Bank Audit Manager Banking 731,700 CNY
Internal Bank Auditor Banking 367,200 CNY
Internal Private Banker Banking 273,300 CNY
International Banking Manager Banking 812,900 CNY
Investment Banking Analyst Banking 582,700 CNY
Loan Analyst Banking 384,200 CNY
Loan Area Manager Banking 447,700 CNY
Loan Audit Team Leader Banking 421,400 CNY
Loan Branch Manager Banking 433,800 CNY
Loan Business Development Officer Banking 245,300 CNY
Loan Clerk Banking 136,200 CNY
Loan Collection and Recovery Manager Banking 453,200 CNY
Loan Collection Manager Banking 478,000 CNY
Loan Collector Banking 128,500 CNY
Loan Examiner Banking 161,600 CNY
Loan Officer Banking 151,800 CNY
Loan Processing Manager Banking 421,400 CNY
Loan Processor Banking 164,200 CNY
Loan Quality Assurance Auditor Banking 388,100 CNY
Loan Quality Assurance Manager Banking 453,200 CNY
Loan Quality Assurance Representative Banking 283,700 CNY
Loan Review Manager Banking 451,000 CNY
Loan Team Leader Banking 381,800 CNY
Loans Manager Banking 504,500 CNY
Mortgage Advisor Banking 275,200 CNY
Mortgage Collection Manager Banking 433,800 CNY
Mortgage Collector Banking 125,700 CNY
Mortgage Credit Analyst Banking 194,600 CNY
Mortgage Credit Manager Banking 426,700 CNY
Mortgage Development Manager Banking 514,300 CNY
Mortgage Document Reviewer Banking 164,200 CNY
Mortgage Funding Manager Banking 513,300 CNY
Mortgage Operations Manager Banking 698,200 CNY
Mortgage Payment Processing Clerk Banking 148,300 CNY
Mortgage Processing Manager Banking 426,700 CNY
Mortgage Processor Banking 176,800 CNY
Mortgage Quality Assurance Auditor Banking 394,300 CNY
Mortgage Quality Assurance Manager Banking 428,400 CNY
Mortgage Servicing Clerk Banking 129,000 CNY
Mortgage Servicing Manager Banking 428,400 CNY
Mortgage Underwriter Banking 168,100 CNY
Online Banking Manager Banking 653,200 CNY
Payment Processing Clerk Banking 138,200 CNY
Personal Banker Banking 267,100 CNY
Personal Banking Advisor Banking 299,500 CNY
Phone Banker Banking 191,600 CNY
Private Banker Banking 268,900 CNY
Reconciliation and Investigation Specialist Banking 322,600 CNY
Tax Officer Banking 228,500 CNY
Teller Banking 128,900 CNY
Trade Officer Banking 157,600 CNY
Trade Product Manager Banking 467,100 CNY
Trader Banking 185,100 CNY
Treasury Operations Officer Banking 340,400 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 472,000 CNY
Changchun 394,300 CNY
Changsha 367,200 CNY
Chengdu 420,800 CNY
Chongqing 450,300 CNY
Dalian 365,400 CNY
Dongguan 382,600 CNY
Foshan 389,200 CNY
Fuzhou 351,200 CNY
Guangzhou 444,300 CNY
Hangzhou 464,900 CNY
Harbin 424,900 CNY
Jinan 420,100 CNY
Kunming 351,200 CNY
Nanjing 420,100 CNY
Qingdao 415,900 CNY
Quanzhou 357,700 CNY
Shanghai 459,700 CNY
Shantou 414,000 CNY
Shenyang 433,800 CNY
Shenzhen 394,800 CNY
Suzhou 420,800 CNY
Tianjin 437,300 CNY
Wenzhou 392,300 CNY
Wuhan 453,200 CNY
Wuxi 354,000 CNY
Xi an 447,300 CNY
Xiamen 363,000 CNY
Zhengzhou 359,900 CNY

Salary Comparison by State

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

City Average Salary
Anhui 426,700 CNY
Beijing 362,200 CNY
Chongqing 394,800 CNY
Fujian 428,400 CNY
Gansu 365,400 CNY
Guangdong 460,500 CNY
Guangxi 431,100 CNY
Guizhou 401,300 CNY
Hainan 371,100 CNY
Hebei 433,800 CNY
Heilongjiang 394,500 CNY
Henan 466,900 CNY
Hubei 453,200 CNY
Hunan 425,100 CNY
Jiangsu 445,100 CNY
Jiangxi 420,100 CNY
Jilin 392,300 CNY
Liaoning 433,800 CNY
Nei Monggol 365,400 CNY
Ningxia 345,700 CNY
Qinghai 352,000 CNY
Shaanxi 419,400 CNY
Shandong 445,100 CNY
Shanghai 361,500 CNY
Shanxi 394,500 CNY
Sichuan 466,900 CNY
Tianjin 375,200 CNY
Xinjiang Uygur 353,600 CNY
Xizang [Tibet] 340,000 CNY
Yunnan 426,700 CNY
Zhejiang 447,300 CNY

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