China’s hi-tech boom pushes firms to boost pay in 2027 as keeping talent a priority

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. Companies were budgeting for a median increase of 4.5 per cent in 2027, following 4.3 per cent growth in 2026 and 4.5 per cent in 2025, the advisory and broking firm WTW said in a new report. Even so, the three-year figure would still lag Asia-Pacific regional averages over the...