China Briefing News

China Insurance Premium Deferral: What Businesses Need to Know

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China is allowing deferral of social insurance premium payments for certain businesses affected by the pandemic. We discuss the conditions.

Establishing a Branch Office in Beijing: Stay Compliant with the New Social Insurance Policy

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We explain why setting up a branch office in Beijing is the best option for companies not registered in the city to meet the new social insurance compliance standards.

Shenzhen Adjusts Housing Fund Base and Work-Related Injury Insurance Rates

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Shenzhen released a supplementary notice adjusting the 2012 housing fund contribution base on June 26.

China Releases 2011 Statistics for HR and Social Security Development

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China recently released a statistical bulletin outlining the country’s employment, social security, human resource, and public service conditions in the year 2011.

China Clarifies Individual Income Tax for Work-Related Injury Compensation

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According to a recent notice, the benefits and compensation distributed to injured employees and his/her close relatives through the work-related injury insurance system will be tax exempt.

Average Wages and Social Security Caps for Cities across China

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Mar. 27 – Social security in China is a complex topic because although it is based upon guidelines issued by the central government, the specifics and administration of the system is managed at the local level. This is the only practical method in a country as diverse as China, as any rigid system defining specific […]

Shenzhen Considers Raising Pension Contribution Rate

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China’s southern city of Shenzhen is mulling a plan to lift the employer contribution rate for pension premiums by a further 3 percent.

Beijing Adjusts Maternity Insurance Policy

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Starting on January 1, 2012, all types of company employees in Beijing – including non-Beijingnese employees – are required to participate in the city’s maternity insurance program. The maternity allowance given to a female employee will be calculated in accordance with the company’s monthly average wage base for maternity premium payment.

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