Shanghai and Beijing City – Social Contribution & Housing Fund Adjustment Notice
Notifications have been received from various local governments to adjust the social contribution and housing fund caps, effective July 1, 2024.
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Announcement: New Mainland Travel Permit for Non-Chinese Permanent Residents of Macao and Hong Kong
Starting from 10 July, eligible individuals can apply for the new Mainland Travel Permit via China Travel Service (CTS) offices in Macao or Hong Kong.
HR Update: New Social Contribution Limits in Shanghai and Beijing Effective from July 2024
Starting in July 2024, Shanghai and Beijing introduced new upper and lower limits on salary bases for social contributions and housing funds, which directly impact both employer and employee contributions.