Summary of Still Making It

An Analysis of Manufacturing Labour Costs in China


Get the Report

Still Making It summary
Despite soaring labor costs, China remains competitive, at least for the near term.


8 Overall

8 Importance

9 Innovation

8 Style


Like much of China’s economic data, its labor statistics boggle the mind. Despite decades of double-digit growth, Chinese factory wages remain an average of little more than $2 per hour, a mere fraction of the rates in Germany, the United States and Japan. The Economist Intelligence Unit forecasts more of the same in its innovative research report. getAbstract recommends this unique study to investors and executives seeking insights into a major factor propelling the world’s second-biggest economy.

In this summary, you will learn

  • Why Chinese labor costs are still competitive despite huge increases
  • How regional growth patterns and productivity gains will determine China’s manufacturing future


Chinese factory workers keep getting double-digit raises, yet their wages remain supremely competitive compared to most other countries. Chinese manufacturing pay soared an average of 11.9% per year from 2001 to 2012. Despite that surge, the average hourly factory wage in 2012 was $2.10, a tiny fraction...
Get the key points from this report in less than 10 minutes. Learn more about our products or log in

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

Comment on this summary

More on this topic

By the same author

Customers who read this summary also read

More by category