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Updated: Sep 29, 2018 Print

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Human Resource Cost

Hefei has strong R&D capabilities as well as a large labor pool. The average annual salary of a local employee is roughly $8,911.

Average Annual Salary of Employee
Industry	Average Annual Salary ($)
Accommodation & catering	5,261
Real estate	9,128
Wholesale & retail	7,538
Manufacturing	8,234
Construction	7,749
Information communication, software & IT services	10,914
Finance	11,568

Cost of Water, Electricity and Natural Gas

Cost of Highway and Railway Transportation

Note: * Transportation cost refers to the fees needed for transporting each 20-foot standard container. (Data from Sinotrans)

Cost of Water Transportation

Harbor	Distance to Hefei and Time Needed	Cost to Harbor
Wuhu	174 km, 12 hours	10-20 RMB/T
Nanjing	242 km, 16 hours	20-22 RMB/T
Shanghai	676 km, 50 hours	30-32 RMB/T

Note: The exchange rate between US dollars ($) and Chinese Yuan (yuan) used in this report is $1= 6.6 yuan

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