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Beijing, China

Key information

Tax and VAT

Sales Tax: 17%

Reduced Tax Rate: 13%

Population

City: 18,590,000

Metro Area: 24,900,000

Density: 1,300/km2 (3,400/sq mi)

Currency

Renminbi (CNY)

Symbol: ¥

Inflation: 2.5 % (February 2017)

Central bank: People's Bank of China

Official languages

Written: Simplified Chinese

Spoken: Mandarin

Wages

Minimal: 18.70 CNY per hour

Average: 72.15 CNY per hour

Overtime: In the event that employees do work overtime, they must be paid 1.5 times their usual wage.

Government services and
information

Local offers

Paymentwall

Payments

Paymentwall enables all businesses to accept payments with any payment method from anywhere in the world. Our mission is to create a seamless financial platform for both businesses and end-users regardless of their country

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