China Social Security Rate For Companies

The Social Security Rate For Companies in China stands at 28.52 percent. Social Security Rate For Companies in China averaged 38.10 percent from 2005 until 2021, reaching an all time high of 44 percent in 2006 and a record low of 28.52 percent in 2020. In China, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of China because they help to pay for many social programs including welfare, health care and many other benefits. This page provides — China Social Security Rate For Companies — actual values, historical data, forecast, chart, statistics, economic calendar and news.

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