China to Boost Minimum Wage

The government wants to increase domestic demand to ease China?s dependence on exports and narrow the gap between rich and poor, the Hong Kong-based English-language newspaper said, citing Huang, vice-chairman of the National Council of Chinese People?s Political Consultative Conference and chairman of the All-China Federation of Industry and Commerce.
The government will propose reducing fees and charges on factories in exchange for higher wages, the Post said.

Source : Konaxis

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