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China’s hi-tech boom pushes firms to boost pay in 2027 as keeping talent a priority
['Ralph Jennings']
News - South China Morning Post
Employers in China anticipate a slightly higher median salary increase next year as they push to retain top-tier talent despite financial pressures following a soft 2026, according to data published by a global advisory.
Even so, the three-year figure would still lag Asia-Pacific regional averages over the same period by 0.4 percentage points, it added.
“The data for China highlights a classic optimisation challenge,” a WTW spokeswoman told the South China Morning Post in a statement.
“Employers are caught between managing organisational costs and safeguarding top-tier talent .”
She said the slowdown in 2026 was primarily driven by intense corporate cost-control pressures and weaker-than-expected financial results.