China has enacted its first Social Security Law

The Social Security Law of the People's Republic of China ("Law") was passed during the 11th session of the Standing Committee of the National People's Congress of China on 28 October 2010. The Law will take effect as of 1 July 2011. Before its promulgation, the social security policies were scattered throughout a range of rules and regulations at both national and local levels. The Law is the first comprehensive law of the PRC to address social securities and their related administrative issues. In addition to consolidating various existing social security rules and regulations, the Law also introduces some new provisions and policies.

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