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Average Financial Quantitative Analyst Salary in China for 2026

A financial quantitative analyst in China earns about 411,400 CNY a year. That's 17% 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 189,300 CNY a year, while the very top stretches to 650,700 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 a financial quantitative analyst make in China?

Average salary
411,400 CNY
34,283 CNY per month
Lowest reported
189,300 CNY
15,775 CNY per month
Highest reported
650,700 CNY
54,225 CNY per month

A typical financial quantitative analyst working in China brings home around 34,283 CNY a month before tax. Entry-level pay starts near 189,300 CNY, and the top of the ladder reaches roughly 650,700 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 financial quantitative analyst 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 financial quantitative analyst 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 financial quantitative analysts in China earn less than 442,300 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 282,500 CNY (the 25th percentile), and a quarter clear 592,600 CNY (the 75th percentile). The middle 50% of financial quantitative analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 189,300 CNY. The highest stretch to 650,700 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.

189,300
Low
442,300
Median
650,700
High
282,500
25th
592,600
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in CNY

Financial quantitative analyst pay by experience in China

Years of experience is the single biggest lever on pay for a financial quantitative analyst 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 financial quantitative analyst salary changes as you move through the career ladder.

  • 0-2 Years
    212,500 CNY
  • 2-5 Years
    +34% from previous
    283,700 CNY
  • 5-10 Years
    +48% from previous
    420,800 CNY
  • 10-15 Years
    +23% from previous
    516,100 CNY
  • 15-20 Years
    +9% from previous
    562,200 CNY
  • 20+ Years
    +8% from previous
    607,400 CNY

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 48%. That is the point at which a financial quantitative analyst 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.


Financial quantitative analyst pay by education in China

Education sits alongside experience as one of the biggest factors driving financial quantitative analyst 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 financial quantitative analyst salary in China broken down by the highest level of education a worker has completed.

  • High School
    263,100 CNY
  • Certificate or Diploma
    +17% from previous
    308,300 CNY
  • Bachelor's Degree
    +45% from previous
    448,500 CNY
  • Master's Degree
    +31% from previous
    588,500 CNY

Financial quantitative analyst gender pay gap in China

The gender pay gap is a stubborn feature of almost every labour market, and China is no exception. Male financial quantitative analysts in China earn an average of 433,800 CNY a year, while female financial quantitative analysts earn around 384,500 CNY. That works out to a 13% 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.

Financial Quantitative Analyst gender pay gap

11%

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

Men 433,800 CNY
Women 384,500 CNY

Pay raises for a financial quantitative analyst 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 12% every 15 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

Financial quantitative analyst 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.

61%

61% of financial quantitative analysts in China reported a bonus of some kind in the past twelve months. That makes a financial quantitative analyst a moderate-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 2% to 7% of base salary. The remaining 39% of financial quantitative analysts 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

Financial quantitative analyst: 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

Financial quantitative analyst salary by city and region in China

Financial quantitative analyst 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
  • Shanghai (city)
  • Chongqing (city)
  • Guangzhou
  • Beijing (city)
  • Henan
  • Hangzhou
  • Hebei
  • Sichuan
  • Hunan
LocationTypeAverageMedianRange
GuangdongRegion510,000 CNY547,800 CNY233,600-810,400 CNY
Shanghai (city)City504,400 CNY544,800 CNY232,900-800,200 CNY
Chongqing (city)City499,300 CNY535,900 CNY228,000-791,200 CNY
GuangzhouCity498,500 CNY537,300 CNY227,600-790,300 CNY
Beijing (city)City492,700 CNY533,000 CNY227,600-788,000 CNY
HenanRegion492,700 CNY533,000 CNY228,500-785,400 CNY
HangzhouCity489,600 CNY528,500 CNY225,700-778,200 CNY
HebeiRegion483,400 CNY520,900 CNY222,300-767,500 CNY
SichuanRegion478,100 CNY516,100 CNY221,500-757,600 CNY
HunanRegion475,700 CNY513,300 CNY217,900-754,900 CNY
ChengduCity471,700 CNY507,300 CNY215,100-746,600 CNY
ZhejiangRegion467,700 CNY504,500 CNY215,100-744,600 CNY
ShandongRegion464,400 CNY500,100 CNY212,500-735,200 CNY
JiangsuRegion459,700 CNY496,100 CNY209,500-728,500 CNY
AnhuiRegion459,300 CNY496,100 CNY209,500-732,400 CNY
HarbinCity450,300 CNY487,600 CNY207,700-717,900 CNY
FujianRegion447,700 CNY485,300 CNY207,800-714,600 CNY
NanjingCity447,300 CNY483,400 CNY204,000-710,500 CNY
WuhanCity447,300 CNY483,400 CNY204,000-710,500 CNY
JiangxiRegion447,300 CNY483,400 CNY204,000-710,500 CNY
HubeiRegion445,100 CNY480,600 CNY205,700-707,600 CNY
LiaoningRegion442,200 CNY478,100 CNY204,700-701,400 CNY
GuangxiRegion440,200 CNY478,100 CNY204,700-702,800 CNY
YunnanRegion437,900 CNY472,100 CNY201,100-696,700 CNY
JinanCity437,300 CNY472,100 CNY200,000-695,200 CNY
Xi anCity436,200 CNY472,000 CNY201,100-694,700 CNY
Tianjin (city)City431,300 CNY467,100 CNY197,600-689,900 CNY
ShenyangCity428,400 CNY460,500 CNY195,200-680,100 CNY
SuzhouCity426,700 CNY462,300 CNY195,200-681,900 CNY
ShaanxiRegion424,900 CNY459,700 CNY196,800-675,100 CNY
GuizhouRegion424,300 CNY457,300 CNY194,600-674,100 CNY
QingdaoCity420,800 CNY454,900 CNY194,600-672,600 CNY
ChangchunCity419,400 CNY450,300 CNY192,600-664,500 CNY
ShenzhenCity411,400 CNY445,100 CNY189,300-652,200 CNY
ShantouCity407,300 CNY440,200 CNY189,300-650,800 CNY
HeilongjiangRegion407,300 CNY440,200 CNY189,300-650,800 CNY
DongguanCity407,100 CNY437,900 CNY187,300-648,200 CNY
WenzhouCity406,300 CNY437,300 CNY187,500-642,800 CNY
Chongqing (region)Region401,300 CNY433,400 CNY185,100-639,900 CNY
Beijing (region)Region396,300 CNY426,700 CNY183,600-633,100 CNY
FuzhouCity394,300 CNY425,100 CNY181,600-628,000 CNY
GansuRegion392,300 CNY424,300 CNY180,500-623,700 CNY
Tianjin (region)Region392,300 CNY424,300 CNY180,500-623,700 CNY
ShanxiRegion392,300 CNY424,900 CNY181,600-623,700 CNY
Shanghai (region)Region389,200 CNY421,400 CNY180,300-618,800 CNY
JilinRegion386,400 CNY419,400 CNY175,900-615,700 CNY
ChangshaCity384,500 CNY415,900 CNY176,800-610,100 CNY
FoshanCity383,300 CNY414,000 CNY174,000-606,400 CNY
QuanzhouCity383,300 CNY412,000 CNY174,000-606,400 CNY
Xinjiang UygurRegion383,300 CNY412,000 CNY174,000-605,700 CNY
DalianCity381,800 CNY412,000 CNY174,000-605,700 CNY
WuxiCity378,800 CNY409,000 CNY172,200-602,700 CNY
Nei MonggolRegion377,200 CNY407,300 CNY172,200-598,600 CNY
Xizang [Tibet]Region372,600 CNY403,100 CNY172,200-592,200 CNY
XiamenCity371,100 CNY399,900 CNY172,200-590,200 CNY
NingxiaRegion369,300 CNY397,900 CNY172,200-589,400 CNY
KunmingCity367,900 CNY396,300 CNY169,000-583,000 CNY
ZhengzhouCity366,200 CNY394,300 CNY167,100-581,000 CNY
HainanRegion365,400 CNY394,800 CNY167,100-581,300 CNY
QinghaiRegion345,700 CNY375,200 CNY159,400-552,400 CNY


Financial Quantitative Analyst in China: FAQs

  • How much does a financial quantitative analyst make per month in China?

    A financial quantitative analyst in China earns about 34,283 CNY a month before tax, based on an annual average of 411,400 CNY.

  • What's the salary range for a financial quantitative analyst in China?

    Entry-level financial quantitative analysts in China start near 189,300 CNY. Top-end pay reaches around 650,700 CNY. The middle 50% of earners sit between 282,500 and 592,600 CNY.

  • Is the median financial quantitative analyst salary in China higher or lower than the average?

    The median is 442,300 CNY, higher than the average of 411,400 CNY. Half of financial quantitative analysts in China earn below the median, half earn above it.

  • What's the gender pay gap for financial quantitative analysts in China?

    Men working as a financial quantitative analyst in China earn around 13% more than women on average (433,800 vs 384,500 CNY a year).

  • Do financial quantitative analysts in China get bonuses?

    About 61% of financial quantitative analysts in China reported a bonus in the past 12 months. Reported bonuses ranged from 2% to 7% of base salary.

  • Do financial quantitative analysts earn more in the public or private sector in China?

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

  • How often do financial quantitative analysts in China get a pay raise?

    A financial quantitative analyst in China sees a raise of around 12% every 15 months, equivalent to roughly 10% a year.