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How many years is the minimum wage adjusted in Nanchang?
Adjusted at least once every two years

The Minimum Wage Regulations stipulate that the minimum wage should be adjusted at least once every two years.

According to Article 6 of the Minimum Wage Regulations, the determination and adjustment of the monthly minimum wage standard shall be made with reference to the minimum cost of living of locally employed persons and their dependents, the consumer price index for urban residents, the social insurance premiums and housing provident fund paid by individual employees, the average wage of employees, the level of economic development, the employment situation, and other factors.

The determination and adjustment of the hourly minimum wage standard shall be based on the enacted monthly minimum wage standard, taking into account the factors of basic pension insurance premiums and basic medical insurance premiums to be paid by the unit, and also giving due consideration to the differences between part-time workers and full-time employed persons in terms of job stability, working conditions and labor intensity, and benefits. The specific methods for measuring the monthly and hourly minimum wage standards are set out in the Annex.

Article 10 After a minimum wage standard has been issued and implemented, it shall be adjusted in due course if there are changes in the relevant factors stipulated in Article 6 of these Regulations. The minimum wage standard shall be adjusted at least once every two years.