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

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122 - Human Resources and Payroll in China 2016-2017 (5th Edition)
Shanghai
Social Welfare Contribution Details
Social Insurance
Data valid to March 2017
Contribution Base (RMB 3,563-17,817)
Employer Employee
Pension 20% (Start from Jan.1,2016) 8%
Medical 10% (Start from Jan.2016) 2%
Unemployment 1% (Start from Jan.1, 2016) 0.5%
Injury 0.2%-1.9% (8 levels) N/A
Maternity 1.0% N/A
* Foreign employees: Non-compulsory. Social insurance payments are tax exempt.
Housing Fund (Chinese Only)
Data valid to June 2017
Type Employe Employee Monthly Contribution
Amount (RMB)
Rate
Compulsory 7% 7% 82-4,276
Optional 1%-5% 1%-5% 1,782(Maximum)
* Foreign employees: Non-compulsory.