12 Provinces Lower Social Security Premium Rate Except Medical and Aged-care Insurances

The “13th Five-year Plan” puts forward to lower the social insurance premium rate appropriately. Recently, more than 12 provinces and cities including Shanghai, Guangdong, Tianjin, Gansu, Jiangxi and Beijing, issued relevant documents. The reduced-rate insurances are mainly concentrated in occupational injury, unemployment and maternity.