Increasing labor costs have become a focus of concern for enterprises and governmentsince Chinas entry into the WTO. Based on recent statistics and case studies of enterprisesin Shanghai, changes in labor costs in Sha...Increasing labor costs have become a focus of concern for enterprises and governmentsince Chinas entry into the WTO. Based on recent statistics and case studies of enterprisesin Shanghai, changes in labor costs in Shanghai are examined in this paper and comparedwith other areas around Shanghai. Some factors contributing to recent increases in laborcosts in Shanghai are analyzed. It highlights that labor costs in Shanghai will continue toincrease due to the citys rapid economic development and intensive use of human capital.It points out, however, that some room still exists to reduce the labor cost, and severalpractical measures are suggested.展开更多
文摘Increasing labor costs have become a focus of concern for enterprises and governmentsince Chinas entry into the WTO. Based on recent statistics and case studies of enterprisesin Shanghai, changes in labor costs in Shanghai are examined in this paper and comparedwith other areas around Shanghai. Some factors contributing to recent increases in laborcosts in Shanghai are analyzed. It highlights that labor costs in Shanghai will continue toincrease due to the citys rapid economic development and intensive use of human capital.It points out, however, that some room still exists to reduce the labor cost, and severalpractical measures are suggested.
