In this page: Legal Forms of Companies | The Active Population in Figures | Working Conditions | The Cost of Labour | Management of Human Resources
Setting Up a Company | China | East Asia & Pacific |
---|---|---|
Procedures (number) | 4.00 | 7.25 |
Time (days) | 8.50 | 29.73 |
Source: The World Bank - Doing Business, Latest data available.
Dun & Bradstreet - Worldwide directory with financial information on businesses
Kompass China - Business directory for China
2018 | 2019 | 2020 | |
---|---|---|---|
Labour Force | 785,986,113 | 783,981,188 | 770,950,792 |
Source: International Labour Organization - ILOSTAT, Latest data available.
2017 | 2018 | 2019 | |
---|---|---|---|
Total activity rate | 76.12% | 76.02% | 75.88% |
Men activity rate | 82.91% | 82.85% | 82.76% |
Women activity rate | 68.93% | 68.78% | 68.57% |
Source: International Labour Organization - ILOSTAT, Latest data available.
Contributions vary across the country and for different schemes. China’s Social Security System consists of 5 mandatory insurance schemes (pension fund, medical insurance, industrial injury insurance, unemployment insurance, and maternity insurance) and a housing fund (only applicable to Chinese employees). In Beijing, the employer's share of social insurance contributions amounts approximately to 27.8% to 29.5%:
Contributions vary across the country and for different schemes. China’s Social Security System consists of 5 mandatory insurance schemes (pension fund, medical insurance, industrial injury insurance, unemployment insurance, and maternity insurance) and a housing fund (only applicable to Chinese employees). In Beijing, the employee's share of social insurance contributions amounts approximately to 10.2%:
Necessity for all the projects to submit a business plan subject to approval by the competent authorities.
Any Comment About This Content? Report It to Us.
© eexpand, All Rights Reserved.
Latest Update: July 2024