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(0304 CR M05)MINIMUM WAGE INCREASES DATELINE: March 4, 2011 LENGTH: 00:03:29 PKG INTRO China is raising minimum wages in a bid to ease pressure on low-income families and help them keep up with the rising cost of living. China Report has the details. PKG Shanghai announced on Wednesday that it would be raising minimum wages by up to 14 percent from April 1. The city's government says the hike will bring the minimum monthly wage in the city from the current 170 U.S. dollars to 194. SOUNDBITE (CHINESE) BAO DANRU, LABOR & SOCIAL SECURITY BUREAU: "We should note that, the minimum monthly wages do not include social insurance and housing accumulation fund which should be paid by the employers." Earlier on Tuesday, Guangzhou, capital city of south China's Guangdong Province, also hiked the minimum monthly wage from 166 U.S. dollars to 197. SOUNDBITE (CHINESE) CHA KUIHUA, MIGRANT WORKER IN GUANGDONG: "This is really good news. If it goes like this, we can save a lot of money, an Powered by Producer : Xinhua News Agency