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Expected changes in U.S. companies' average labor costs per employee in China in 2022 and 2023

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Sources

Release date

March 2023

Region

China, United States

Survey time period

2022 and 2023

Number of respondents

approx. 1,000

Special properties

among members of AmCham China

Citation formats

Expected changes in U.S. companies' average labor costs in China 2022-2023

Published by Zeynep Dierks, Aug 24, 2023
According to a survey conducted among U.S. enterprises in China in 2022, ** percent of companies believed labor costs would increase to varying extents. The resources & industrial sector as well as Tech and R&D expected the largest increases, with ** and ** percent of companies respectively anticipating costs per employee rising by * percent or more.
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