Remuneration deceleration
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Wages grew at the slowest pace in over a decade last year.
That’s the big takeaway from the 2022 urban wage data, released by the stats bureau (NBS) on Tuesday.
The top-line numbers:
Average annual non-private wages increased 6.7% y/y to RMB 114,029, down from 9.7% growth in 2021.
Private wages gre...