Advocacy Letter on New Social Insurance Law

Amidst the transformative 14th 5-year plan on Human Resources and Social Security, the European Chamber recognizes the crucial upgrades in China's social security regime, advocating for policies that balance compliance without escalating operational costs or impeding employee benefits during the transition. Highlighting the challenges faced by member companies regarding social insurance enrollment, the Chamber urges for a more inclusive approach, suggesting practical measures to allow European companies to adapt to the evolving legal landscape in China.