China's Social Security System: An Explainer

China's social security system constitutes five different types of insurance and contributions to the mandatory housing fund. China Briefing explains how social security in China is calculated, what are employer obligations, and how it impacts foreign workers and migrants.

Social security is a complicated but unavoidable issue in the employer-employee relationship management for businesses operating in China.

With labor costs continually rising and economic growth slowing, it is not uncommon that companies may endeavor to look for ways to circumvent social security obligations.

Frequently, business commentary in the region debate on whether China's social security contributions are burdensome for companies.