Comparative Analysis of Minimum Wage in Five Provinces in Northwest China

Cai Yujie, Li Xiuyu and Tao Yuhong

International Journal of Economics and Finance, 2020, vol. 12, issue 1, 1

Abstract: The minimum wage system is an important means to guarantee the daily life of low-income workers. Through the comparative analysis of the minimum wage system, the minimum wage level and the proportion of the minimum wage standard in the local per capital GDP, average wage and per capital consumption expenditure in five Chinese northwest provinces, it is found that the development process of the minimum wage system in the five northwest provinces is similar, the overall minimum wage level difference is small, but the difference in the province is gradually increasing and the guarantee level for low-income workers needs to be improved.

Date: 2020
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