international employment law firm alliance L&E Global
China

2. State Aid

Government subsidies and special relief resources allocated to support employers, and workers, in their efforts to maintain employment and pull through the crisis.

The unemployment insurance contributions may be returned to companies,  if such enterprises are qualified and have not had any layoffs or only small-scale layoffs. From February 2020, each province (except Hubei Province) may exempt small- and medium-sized enterprises (SMEs) and micro firms from making contributions to three types of social insurance (pension, unemployment, and work-related injury) borne by employers, for a period up to five months and dividing (by half) the contributions to three types of social insurance borne by large enterprises for a period up to three months. Hubei Province may exempt all types of insured employers from making contributions to three types of social insurance borne by employers for a period up to five months.  Enterprises that have material difficulties with their business, may apply to defer their social insurance contributions.

Any questions

Ask our member firm Zhong Lun in China