China -  Chinese law firm

What is social insurance under Chinese labor law?

Social insurance is a mandatory, non-profit social security system established by law in China. It is administered by the labor and social security departments.

There are five types of social insurance in China: old age, medical, unemployment, work-related injury and childbearing. Among these, the premiums for old age, medical and unemployment insurance are jointly contributed by the enterprise and the individual, whereas work-related injury and childbearing insurance premiums are the sole responsibility of the enterprise.

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