Is ¥300,000 a good salary in China?

The full-time median salary in China is around ¥110,000 (National Bureau of Statistics urban wages (approx.)). ¥300,000 is roughly 173% above that figure.

How much is ¥300,000 per hour?

Around ¥136.36 per hour gross, or ¥98.37 per hour after tax, assuming a 44-hour week.

How much tax do I pay on ¥300,000?

On ¥300,000 in China, you pay approximately ¥31,080 in income tax and ¥52,500 in Social insurance + housing fund.

¥300,000 After Tax in China (2026)

If you earn ¥300,000 per year in China, your take-home pay is ¥216,420 per year — ¥18,035 per month, ¥4,162 per week, or ¥98.37 per hour after Income Tax and Social fund.

Net pay per month

¥18,035

72.1% of gross — ¥216,420 per year

Income Tax

¥31,080

10.4%

Social insurance + housing fund

¥52,500

17.5%

Effective rate

27.9%

of gross

Marginal rate

20%

on next ¥1

¥300,000 after tax by pay period

Period	Gross	Tax	Social fund	Take-home
Yearly	¥300,000	¥31,080	¥52,500	¥216,420
Monthly	¥25,000	¥2,590	¥4,375	¥18,035
Weekly	¥5,769	¥598	¥1,010	¥4,162
Daily (250 days)	¥1,200	¥124	¥210	¥866
Hourly (44h week)	¥136.36	¥14.13	¥23.86	¥98.37

Daily assumes 250 working days. Hourly assumes a 44-hour week.

How your tax is calculated

A basic deduction of ¥60,000 a year comes off first, then taxable income is charged in bands from 3% up to 45%. Social insurance and the housing fund take roughly 10.5% of gross. Special additional deductions for rent, children and elderly support are not applied here. Your marginal rate is 20% — every additional ¥1 you earn keeps roughly ¥0.80 after tax and Social fund.

What if…

¥350,000 instead? Your take-home rises by roughly ¥52/month — see ¥350,000 after tax.
With a 5% pension contribution, your monthly take-home would be ¥17,035 but you'd save around ¥3,000 in income tax over the year.
10 hours of overtime a month at time-and-a-half would add about ¥1,636 to your monthly take-home.

Frequently asked questions

Is ¥300,000 a good salary in China?: The full-time median salary in China is around ¥110,000 (National Bureau of Statistics urban wages (approx.)). ¥300,000 is roughly 173% above that figure.
How much is ¥300,000 per hour?: Assuming a 44-hour week over 250 working days, ¥300,000 a year is around ¥136.36 per hour gross, or ¥98.37 per hour after tax.
How much tax do I pay on ¥300,000?: On ¥300,000 a year in China, you would pay approximately ¥31,080 in income tax and ¥52,500 in Social insurance + housing fund — an effective rate of 27.9%.