BEIJING, April 27 (Xinhua) -- China has been improving its social insurance system to better support the development of the country. The balance of the three social insurance funds for basic pension, unemployment and employment injury stood at 7.18 trillion yuan (about 1.09 trillion U.S. ...
China has been improving its social insurance system to better support the development of the country. The balance of the three social insurance funds for basic pension, unemployment and employment injury stood at 7.18 trillion yuan (about 1.09 trillion U.S. dollars) at the end of March, said ...
Statistics report on the social insurance system in China This report provides statistical information on social insurance in China. It has been broken down into seven chapters. It includes data on health, pension, unemployment, work-related injury, and maternity insurance as well as insurance comp...
China’s social security system consists of five different types of insurance, plus one mandatory housing fund. The five “insurances” are pension, medical, unemployment, work-related injury, and maternity insurances. 中国的社会保障体系包括五种不同类型的保险,以及一项强制性住房公积金。这五项“保险...
While regional authorities manage the social insurance system – not all regional governments have enacted the implementation rules for China’s international social security agreements. 虽然地区当局管理着社会保险体系,但并非所有地区政府都制定了中国国际社会保障协议的实施规则。
In recent years, the Chinese government took major efforts to extend the coverage of social insurance. Although their measures proved highly successful, benefit payments for most newly covered people are comparatively low and the effectiveness of the social insurance system in China still has further ...
The following sections are included:Introduction: The IssuesReforming Urban Health Care: The Basic Health Insurance SchemeRisk Pooling in Rural Areas: The New Cooperative Medical SchemeFilling the Gaps: The Urban Resident Basic Medical InsuranceThe 2009 State Council Guidelines: New Directions for Health...
Social Insurance in China.” In this issue of China Briefing Magazine, we introduce China’s current social insurance system and provide an update on the status of foreigners’ participation in the system. We also include a comprehensive chart of updated average wages across China, which is used...
Generally speaking, China’s social security system is made up of five different kinds of insurance, plus one mandatory housing fund as shown in the table below. What are key employer obligations in China? To maintain compliance, the first and most important thing for foreign investors to know...
A social security card of Chinese residents is displayed. /CFP China has established the world's largest social security system during the past five years, with basic medical insurance covering more than 1.3 billion people and basic pension insurance covering nearly one billion p...