The average annual wage in China's urban areas rose to 49,969 yuan (about $8,060 USD) in 2014, but the gap between wages in different industries is also widening.
China's National Bureau of Statistics (NBS) released a report on Wednesday that shows the average wage for urban jobs with public institutions in China rose 7.1 percent last year. The average wages for private jobs based in China's urban centers rose 9 percent in the same time period. Prices factors have already been considered.
But gaps in wealth within industries are also starting to widen. A Beijing Youth Daily report citing NBS statistics said that the income gap between the highest and lowest wages for China's public sector jobs in urban areas grew to 79,917 yuan in 2014 from 73,833 yuan in 2013.
In the private sector, the income disparity between the highest earners and lowest earners was 24,182 for 2014 - about 25 percent higher than 19,415 yuan recorded for the previous year.
The jobs with the two highest average wages in the country are in the financial sector and information service sector — both of which recorded average annual wages that surpassed 100,000 yuan for 2014, according to the NBS report.
The largest gap between the lowest and highest wages in a single industry for 2014 was in the customer-and-business service sector. NBS statistics show that the highest wage in this industry is five times of the lowest wage. This industry is closely followed by China's culture sector and sports and entertainment sector, where the highest wages are about four times of the lowest.
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