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Average Research Analyst Salary in China for 2026

A research analyst in China earns about 263,100 CNY a year. That's 25% below 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 138,200 CNY a year, while the very top stretches to 397,900 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 a research analyst make in China?

Average salary
263,100 CNY
21,925 CNY per month
Lowest reported
138,200 CNY
11,516 CNY per month
Highest reported
397,900 CNY
33,158 CNY per month

A typical research analyst working in China brings home around 21,925 CNY a month before tax. Entry-level pay starts near 138,200 CNY, and the top of the ladder reaches roughly 397,900 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 research 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 research 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 research analysts in China earn less than 246,500 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 172,200 CNY (the 25th percentile), and a quarter clear 305,600 CNY (the 75th percentile). The middle 50% of research analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 138,200 CNY. The highest stretch to 397,900 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.

138,200
Low
246,500
Median
397,900
High
172,200
25th
305,600
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in CNY

Research analyst pay by experience in China

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

  • 0-2 Years
    159,500 CNY
  • 2-5 Years
    +22% from previous
    195,200 CNY
  • 5-10 Years
    +42% from previous
    277,400 CNY
  • 10-15 Years
    +17% from previous
    325,900 CNY
  • 15-20 Years
    +10% from previous
    359,900 CNY
  • 20+ Years
    +5% from previous
    378,800 CNY

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 42%. That is the point at which a research 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.


Research analyst pay by education in China

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

  • High School
    194,600 CNY
  • Certificate or Diploma
    +12% from previous
    218,900 CNY
  • Bachelor's Degree
    +31% from previous
    286,400 CNY
  • Master's Degree
    +32% from previous
    378,800 CNY

Research 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 research analysts in China earn an average of 275,200 CNY a year, while female research analysts earn around 247,800 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.

Research Analyst gender pay gap

10%

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

Men 275,200 CNY
Women 247,800 CNY

Pay raises for a research 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 11% every 15 months, which works out to roughly 9% 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

Research 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.

53%

53% of research analysts in China reported a bonus of some kind in the past twelve months. That makes a research 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 3% to 5% of base salary. The remaining 47% of research 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

Research 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

Research analyst salary by city and region in China

Research 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.

  • Sichuan
  • Henan
  • Guangdong
  • Shanghai (city)
  • Hubei
  • Beijing (city)
  • Shandong
  • Tianjin (city)
  • Guangzhou
  • Wuhan
LocationTypeAverageMedianRange
SichuanRegion320,500 CNY301,600 CNY172,200-489,600 CNY
HenanRegion315,900 CNY305,600 CNY163,800-485,200 CNY
GuangdongRegion312,400 CNY315,900 CNY152,000-485,300 CNY
Shanghai (city)City309,800 CNY301,600 CNY158,700-472,100 CNY
HubeiRegion308,900 CNY283,400 CNY164,200-464,400 CNY
Beijing (city)City308,300 CNY301,700 CNY159,100-476,600 CNY
ShandongRegion305,600 CNY325,800 CNY142,300-483,400 CNY
Tianjin (city)City301,800 CNY286,400 CNY157,600-459,300 CNY
GuangzhouCity301,700 CNY283,700 CNY159,500-460,500 CNY
WuhanCity301,600 CNY296,000 CNY152,300-466,300 CNY
JiangsuRegion301,600 CNY309,800 CNY148,300-472,100 CNY
HangzhouCity297,000 CNY315,900 CNY138,800-472,100 CNY
Chongqing (city)City296,000 CNY319,600 CNY137,400-472,100 CNY
YunnanRegion296,000 CNY282,500 CNY152,300-453,200 CNY
HebeiRegion294,700 CNY308,900 CNY142,300-464,400 CNY
Xi anCity294,700 CNY317,700 CNY136,200-467,700 CNY
GuangxiRegion288,700 CNY282,500 CNY148,300-448,500 CNY
HunanRegion288,700 CNY308,900 CNY137,400-459,700 CNY
JiangxiRegion288,100 CNY281,500 CNY148,300-440,200 CNY
ChengduCity288,100 CNY297,000 CNY139,100-450,300 CNY
NanjingCity288,100 CNY288,100 CNY142,300-444,300 CNY
FujianRegion286,400 CNY265,000 CNY157,600-433,400 CNY
AnhuiRegion286,400 CNY297,000 CNY139,100-450,300 CNY
ShantouCity282,300 CNY286,400 CNY139,100-442,200 CNY
ShenyangCity281,500 CNY301,700 CNY128,500-447,300 CNY
JinanCity279,400 CNY283,700 CNY137,400-437,300 CNY
ZhejiangRegion279,400 CNY258,400 CNY152,100-420,100 CNY
HarbinCity275,800 CNY281,500 CNY136,100-431,100 CNY
QingdaoCity275,500 CNY301,800 CNY125,700-440,200 CNY
ShanxiRegion273,300 CNY266,000 CNY138,200-417,100 CNY
ChangchunCity273,000 CNY271,300 CNY138,800-424,300 CNY
GuizhouRegion272,800 CNY254,800 CNY142,300-414,000 CNY
ShenzhenCity271,300 CNY254,700 CNY142,300-412,000 CNY
LiaoningRegion268,900 CNY288,700 CNY125,100-426,700 CNY
HeilongjiangRegion268,900 CNY268,900 CNY136,100-417,200 CNY
JilinRegion267,100 CNY253,400 CNY142,300-407,100 CNY
Chongqing (region)Region265,000 CNY254,700 CNY139,100-404,600 CNY
FoshanCity263,900 CNY259,100 CNY136,100-407,100 CNY
SuzhouCity263,200 CNY239,000 CNY142,300-394,300 CNY
DongguanCity263,200 CNY266,000 CNY129,000-407,100 CNY
FuzhouCity259,100 CNY251,500 CNY136,200-396,300 CNY
ShaanxiRegion259,100 CNY238,900 CNY138,800-390,000 CNY
DalianCity258,400 CNY277,400 CNY117,520-409,000 CNY
WenzhouCity252,300 CNY240,500 CNY130,400-386,400 CNY
Shanghai (region)Region251,500 CNY254,700 CNY123,400-389,200 CNY
Nei MonggolRegion247,800 CNY257,700 CNY119,080-388,100 CNY
KunmingCity247,800 CNY252,300 CNY119,900-386,400 CNY
ChangshaCity246,500 CNY228,500 CNY134,600-372,600 CNY
GansuRegion246,200 CNY261,300 CNY116,540-386,400 CNY
XiamenCity245,300 CNY245,300 CNY123,400-378,800 CNY
Xinjiang UygurRegion245,300 CNY254,700 CNY117,380-382,600 CNY
WuxiCity243,000 CNY247,800 CNY117,860-378,800 CNY
Beijing (region)Region240,500 CNY240,500 CNY119,900-376,800 CNY
QinghaiRegion239,000 CNY231,000 CNY124,400-367,900 CNY
NingxiaRegion239,000 CNY239,000 CNY118,200-367,200 CNY
QuanzhouCity238,900 CNY257,700 CNY109,520-381,800 CNY
ZhengzhouCity233,900 CNY231,000 CNY119,860-362,200 CNY
Tianjin (region)Region233,600 CNY253,400 CNY107,320-371,100 CNY
Xizang [Tibet]Region233,600 CNY233,600 CNY116,380-361,500 CNY
HainanRegion227,600 CNY246,200 CNY102,960-361,500 CNY


Research Analyst in China: FAQs

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

    A research analyst in China earns about 21,925 CNY a month before tax, based on an annual average of 263,100 CNY.

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

    Entry-level research analysts in China start near 138,200 CNY. Top-end pay reaches around 397,900 CNY. The middle 50% of earners sit between 172,200 and 305,600 CNY.

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

    The median is 246,500 CNY, lower than the average of 263,100 CNY. Half of research analysts in China earn below the median, half earn above it.

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

    Men working as a research analyst in China earn around 11% more than women on average (275,200 vs 247,800 CNY a year).

  • Do research analysts in China get bonuses?

    About 53% of research analysts in China reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 5% of base salary.

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

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

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

    A research analyst in China sees a raise of around 11% every 15 months, equivalent to roughly 9% a year.