By Bo Hershey
Shanghai mayor: Minimum wage increase "will be well above 10%"
Yesterday, Mayor Han Zheng told a news conference that our local government will hike up the city's minimum wage. "We have to raise minimum wage this year. The final adjustment will be well above 10 percent. " Shanghai's minimum wage is currently 1120 RMB a month (or 37.3 RMB a day), the highest in the nation. Guangdong is also planning to raise its minimum wage by 18.6%, which could be a sign that the golden age of dirt cheap Chinese labor is slowly dissipating.
Shanghai considering offering permanent residency to "qualified experts"
If you can prove to China that you're a "qualified expert" on something, you might soon be in luck with regards to your visa situation. According to the Shanghai government, high-level professionals who meet several standards could convert their temporary stay permit to a permanent residency in 2009.

