China increases minimum wage rates
China?s minimum wage is determined at the city and provincial levels of government and upward pressure has those standards increasing all over the country. Shanghai, Shandong, and Shenzhen are just the most recent governments to have raised the minimum wage to encourage more workers to enter the labor force to remedy the labor shortages all over China. But even as wages rise in China?s manufacturing centers and export hubs, many rural communities are falling behind economically and with the minimum wage raises will continue to fall further behind. At the national level, however, China plans on moving tens of millions of rural citizens from the countryside into the growing and new cities to bring more of the countries people to share in the benefits of growth.
See "China increases minimum wage rates", Bruce Kennedy, CBS News, March 30, 2014