Guides - Human Resources & Payroll in China 2016 - 2017 (5th

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120 - Human Resources and Payroll in China 2016-2017 (5th Edition)
Hangzhou
Social Welfare Contribution Details
Housing Fund (Chinese Only)
Data valid to June 2016
Contribution Base (RMB 1,860 -17,302)
Employer Employee
Rate 12% 12%
Social Insurance
Data valid to June 2016
Contribution Base (RMB 2418.60 -12,093)
Employer
Employee
Urban Hukou Rural Hukou
Pension 14% 8% 8%
Medical 6%-15% 2% + RMB 4 2% + RMB 4
Unemployment 1.5% 0.5% N/A
Injury
Three levels
0.5% / 0.8% / 1.2%
N/A N/A
Maternity 1.2% N/A N/A
* Social insurance payments are tax exempt.