China's social insurance mainly includes basic endowment insurance, basic medical insurance, employment injury insurance, unemployment insurance, and maternity insurance. Foreign-invested enterprises and their employees shall pay social insurance premiums in accordance with laws to ensure that their employees may receive material assistance from the government and society in cases of old age, illness, work injury, unemployment, and childbirth. Qualified foreign-invested enterprises may set up enterprise annuities according to regulations as further efforts to better safeguard the interests of employees.

Foreign nationals employed in China shall be covered by China's social insurance in accordance with laws.

If a person employed in China is from a country that has signed bilateral or multilateral agreements on social insurance with China, his/her social insurance shall be handled in accordance with the provisions of the agreements.

Foreign-invested enterprises and their on-the-job employees shall contribute to the housing provident fund in accordance with the Regulations on the Management of Housing Provident Fund.

Updated on Jan. 22, 2024

Source: Foreign Investment Guide of the People's Republic of China (2023 Edition)