Per Chosun Ilbo, next year's minimum wage will apply at the same level to all industries rather than setting different amounts by sector; the differentiated approach some had urged was not adopted.

Those favoring differentiation cited varying ability to pay and labor intensity across sectors. Supporters of a single rate worried that differentiation could end up lowering wages for workers in particular industries.

The minimum wage directly affects small-business cost structures. In food, lodging and retail—where many Chinese entrepreneurs operate—labor-cost changes mean changes in the business environment, drawing keen interest.

This paper does not relay only one side. The right wage level and employment effects must be weighed together; we convey both the decision and on-the-ground voices in balance.