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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

Price of Utilities

 Utilities

Price ($)

 Water

Domestic

0.39/ton

Industry

0.40/ton

 Electricity

Domestic

0.09/kwh

Industry

0.15/kwh

 Natural Gas

Domestic

0.35/m3

Industry

 0.54/m3 

Cost of Highway and Railway Transportation

Destination

Highway

Railway

Fees ($)*

Time (Hour)

Fees ($)*

Time (Day)

Shanghai

730

7

468

3

Nanjing

347

3

234

2

Beijing

1,102

16

719

5

Guangzhou

1,389

18

702

7

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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