It should be understood that minimum wage policies need to be designed to minimize any potential adverse impact. For instance, in China, minimum wage laws are regularly reviewed and revised at least once every two years to ensure that changes are not too drastic and do not have a significant short-term impact on overall economic growth. In Thailand, upon the announcement of the minimum wage hike in 2012, the government introduced several policy support measures to smoothen the adjustment phase for businesses, such as providing tax allowances and reducing employers’ social security contributions.