Average Group Financial Manager Salary in China for 2026
A group financial manager in China earns about 712,100 CNY a year. That's 102% 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 341,400 CNY a year, while the very top stretches to 1,116,700 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 group financial manager make in China?
A typical group financial manager working in China brings home around 59,341 CNY a month before tax. Entry-level pay starts near 341,400 CNY, and the top of the ladder reaches roughly 1,116,700 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 group financial manager 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 group financial manager 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 group financial managers in China earn less than 741,500 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 487,600 CNY (the 25th percentile), and a quarter clear 965,800 CNY (the 75th percentile). The middle 50% of group financial managers sit somewhere inside that band, which is where the typical reader of this page probably lives.
The very lowest reported salaries sit around 341,400 CNY. The highest stretch to 1,116,700 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.
Group financial manager pay by experience in China
Years of experience is the single biggest lever on pay for a group financial manager 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 group financial manager salary changes as you move through the career ladder.
- 0-2 Years397,900 CNY
- 2-5 Years+42% from previous565,100 CNY
- 5-10 Years+32% from previous744,600 CNY
- 10-15 Years+23% from previous917,200 CNY
- 15-20 Years+6% from previous973,800 CNY
- 20+ Years+9% from previous1,065,800 CNY
The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 42%. That is the point at which a group financial manager 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.
Group financial manager pay by education in China
Education sits alongside experience as one of the biggest factors driving group financial manager 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 group financial manager salary in China broken down by the highest level of education a worker has completed.
- Certificate or Diploma498,500 CNY
- Bachelor's Degree+59% from previous790,600 CNY
- Master's Degree+34% from previous1,057,100 CNY
Group financial manager gender pay gap in China
The gender pay gap is a stubborn feature of almost every labour market, and China is no exception. Male group financial managers in China earn an average of 743,100 CNY a year, while female group financial managers earn around 695,400 CNY. That works out to a 7% 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.
Group Financial Manager gender pay gap
6%
Men earn this much more than women on average in China.
Pay raises for a group financial manager 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 14% every 16 months, which works out to roughly 11% 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
Group financial manager 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.
86% of group financial managers in China reported a bonus of some kind in the past twelve months. That makes a group financial manager 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 5% to 9% of base salary. The remaining 14% of group financial managers 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
Group financial manager: 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.
Group financial manager salary by city and region in China
Group financial manager 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
- Henan
- Jiangsu
- Guangzhou
- Shanghai (city)
- Shandong
- Hangzhou
- Sichuan
- Hunan
- Beijing (city)
| Location | Type | Average | Median | Range |
|---|---|---|---|---|
| Guangdong | Region | 854,300 CNY | 823,900 CNY | 444,300-1,306,100 CNY |
| Henan | Region | 840,800 CNY | 858,100 CNY | 412,000-1,306,100 CNY |
| Jiangsu | Region | 823,400 CNY | 791,200 CNY | 426,700-1,259,300 CNY |
| Guangzhou | City | 818,100 CNY | 852,900 CNY | 394,800-1,283,600 CNY |
| Shanghai (city) | City | 817,800 CNY | 817,800 CNY | 407,300-1,259,300 CNY |
| Shandong | Region | 816,000 CNY | 751,100 CNY | 440,200-1,235,600 CNY |
| Hangzhou | City | 807,900 CNY | 743,300 CNY | 433,800-1,212,800 CNY |
| Sichuan | Region | 800,200 CNY | 832,300 CNY | 384,500-1,259,300 CNY |
| Hunan | Region | 782,500 CNY | 721,600 CNY | 424,300-1,182,400 CNY |
| Beijing (city) | City | 780,600 CNY | 780,600 CNY | 390,000-1,212,800 CNY |
| Chengdu | City | 778,200 CNY | 728,500 CNY | 412,000-1,180,700 CNY |
| Yunnan | Region | 767,500 CNY | 782,500 CNY | 377,200-1,198,200 CNY |
| Hebei | Region | 767,000 CNY | 721,600 CNY | 404,600-1,162,300 CNY |
| Chongqing (city) | City | 761,400 CNY | 823,900 CNY | 352,000-1,212,800 CNY |
| Harbin | City | 758,700 CNY | 728,500 CNY | 394,300-1,162,900 CNY |
| Liaoning | Region | 757,300 CNY | 816,000 CNY | 349,300-1,198,300 CNY |
| Anhui | Region | 754,900 CNY | 709,600 CNY | 397,900-1,144,400 CNY |
| Hubei | Region | 744,700 CNY | 786,600 CNY | 348,300-1,174,600 CNY |
| Tianjin (city) | City | 743,300 CNY | 757,300 CNY | 365,400-1,155,400 CNY |
| Jinan | City | 743,100 CNY | 714,600 CNY | 385,300-1,134,800 CNY |
| Shantou | City | 741,500 CNY | 712,100 CNY | 384,500-1,133,900 CNY |
| Suzhou | City | 735,500 CNY | 778,900 CNY | 344,600-1,161,000 CNY |
| Wuhan | City | 735,200 CNY | 735,200 CNY | 367,200-1,141,000 CNY |
| Xi an | City | 735,200 CNY | 794,900 CNY | 340,400-1,172,800 CNY |
| Zhejiang | Region | 733,300 CNY | 778,200 CNY | 345,100-1,159,000 CNY |
| Guangxi | Region | 731,700 CNY | 731,700 CNY | 366,200-1,133,900 CNY |
| Shenzhen | City | 724,300 CNY | 751,700 CNY | 349,300-1,134,800 CNY |
| Shenyang | City | 722,100 CNY | 780,700 CNY | 332,500-1,147,600 CNY |
| Nanjing | City | 713,900 CNY | 701,400 CNY | 363,000-1,102,900 CNY |
| Jiangxi | Region | 713,900 CNY | 713,900 CNY | 357,700-1,109,600 CNY |
| Chongqing (region) | Region | 707,700 CNY | 722,100 CNY | 345,700-1,102,100 CNY |
| Changchun | City | 707,600 CNY | 707,600 CNY | 353,600-1,095,900 CNY |
| Heilongjiang | Region | 706,200 CNY | 692,500 CNY | 361,600-1,087,500 CNY |
| Fujian | Region | 705,500 CNY | 745,000 CNY | 330,900-1,112,300 CNY |
| Guizhou | Region | 692,500 CNY | 719,100 CNY | 332,500-1,087,500 CNY |
| Dongguan | City | 692,500 CNY | 663,100 CNY | 359,900-1,058,800 CNY |
| Shaanxi | Region | 687,100 CNY | 725,700 CNY | 322,600-1,085,600 CNY |
| Qingdao | City | 683,800 CNY | 741,500 CNY | 313,700-1,089,400 CNY |
| Jilin | Region | 675,200 CNY | 702,800 CNY | 325,800-1,057,700 CNY |
| Shanghai (region) | Region | 674,100 CNY | 648,200 CNY | 352,000-1,032,400 CNY |
| Gansu | Region | 672,600 CNY | 615,300 CNY | 361,500-1,011,300 CNY |
| Shanxi | Region | 671,000 CNY | 671,000 CNY | 335,800-1,041,900 CNY |
| Dalian | City | 665,300 CNY | 721,600 CNY | 308,900-1,062,500 CNY |
| Wenzhou | City | 663,100 CNY | 677,100 CNY | 325,600-1,037,000 CNY |
| Tianjin (region) | Region | 649,700 CNY | 704,300 CNY | 297,000-1,035,500 CNY |
| Hainan | Region | 648,200 CNY | 699,700 CNY | 299,500-1,028,300 CNY |
| Beijing (region) | Region | 643,400 CNY | 629,800 CNY | 327,800-987,200 CNY |
| Changsha | City | 641,900 CNY | 680,100 CNY | 301,300-1,011,300 CNY |
| Foshan | City | 639,900 CNY | 639,900 CNY | 319,600-991,000 CNY |
| Nei Monggol | Region | 639,100 CNY | 598,600 CNY | 340,000-972,200 CNY |
| Wuxi | City | 633,100 CNY | 605,700 CNY | 327,300-965,800 CNY |
| Qinghai | Region | 629,800 CNY | 643,400 CNY | 309,800-983,700 CNY |
| Xiamen | City | 627,900 CNY | 615,700 CNY | 319,600-970,200 CNY |
| Xinjiang Uygur | Region | 623,200 CNY | 585,900 CNY | 330,700-946,000 CNY |
| Kunming | City | 619,000 CNY | 592,600 CNY | 320,500-946,000 CNY |
| Fuzhou | City | 615,700 CNY | 627,900 CNY | 301,600-962,300 CNY |
| Ningxia | Region | 615,300 CNY | 605,700 CNY | 315,700-949,600 CNY |
| Xizang [Tibet] | Region | 600,000 CNY | 589,400 CNY | 307,400-925,900 CNY |
| Quanzhou | City | 600,000 CNY | 650,800 CNY | 275,800-957,800 CNY |
| Zhengzhou | City | 585,900 CNY | 585,900 CNY | 294,700-906,000 CNY |
Group Financial Manager in China: FAQs
-
How much does a group financial manager make per month in China?
A group financial manager in China earns about 59,341 CNY a month before tax, based on an annual average of 712,100 CNY.
-
What's the salary range for a group financial manager in China?
Entry-level group financial managers in China start near 341,400 CNY. Top-end pay reaches around 1,116,700 CNY. The middle 50% of earners sit between 487,600 and 965,800 CNY.
-
Is the median group financial manager salary in China higher or lower than the average?
The median is 741,500 CNY, higher than the average of 712,100 CNY. Half of group financial managers in China earn below the median, half earn above it.
-
What's the gender pay gap for group financial managers in China?
Men working as a group financial manager in China earn around 7% more than women on average (743,100 vs 695,400 CNY a year).
-
Do group financial managers in China get bonuses?
About 86% of group financial managers in China reported a bonus in the past 12 months. Reported bonuses ranged from 5% to 9% of base salary.
-
Do group financial managers earn more in the public or private sector in China?
In China, the public sector pays a group financial manager about 6% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.
-
How often do group financial managers in China get a pay raise?
A group financial manager in China sees a raise of around 14% every 16 months, equivalent to roughly 11% a year.