China raises salaries for government workers to boost spending

Quick Summary:

China has awarded a range of civil servants across the nation their first significant pay rise in years, according to people familiar with the matter, as policymakers try to boost morale and spur spending.

Social media users suggested salaries were also boosted in 2018 and 2021, but the government never confirmed the hikes and the percentage increases are unclear.

China last publicly hiked civil servants’ wages in 2015, when some 40 million staffers got an average lift of 300 yuan per month.

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Article Details

Author / Journalist: Bloomberg News

Category: BusinessStartups

Markets: PhilippinesChina

Topics: China Boost Government Civil Support People Servants Been Year Spending According

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-01 @ 11:16:04 (3 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 731 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 24802395

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