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

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124 - Human Resources and Payroll in China 2016-2017 (5th Edition)
Suzhou
Social Welfare Contribution Details
Housing Fund (Chinese Only)
Data valid to June 2015
Contribution Base (RMB 2,697-17,700)
Employer Employee
Rate 8%-12% 8%-12%
* Employer and employee pay the same rate for housing fund.
Social Insurance
Data valid to March 2016
Contribution Base (RMB 2,697-16,738)
Chinese
Employer Employee
Pension 20% 8%
Medical 9% 2% + RMB 5
Unemployment 1.5% 0.5%
Injury 1% N/A
Maternity 1% N/A
* Social insurance payments are tax exempted. Foreign employees: Social insurance payments are compulsory.