Provinces (except Hubei Province) will extend the implementation time of the policy of halving the payment of three social insurance units by large enterprises and other insured units (excluding government agencies and institutions, the same below) to the end of June 2020. Hubei Province will continue to implement the policy of exempting large enterprises and other insured units from paying three social insurances until the end of June 2020.
Extended data
All provincial governments should earnestly assume the main responsibility, accelerate the work of coordinating the three social insurances at the provincial level, and ensure the provincial unification of the basic endowment insurance funds for enterprise employees before the end of 2020. It is necessary to strengthen the allocation of funds, do a good job in fund protection, and ensure that all social insurance benefits are paid in full and on time.
The provinces should formulate specific implementation measures according to the actual situation, which will be promulgated within 10 days from the date of issuance of this notice, and reported to Ministry of Human Resources and Social Security, Ministry of Finance and State Taxation Administration of The People's Republic of China for the record. We should pay close attention to the organization and implementation, and further implement various policies such as reducing or exempting the three social insurance premiums of enterprises. Ministry of Human Resources and Social Security and State Taxation Administration of The People's Republic of China will supervise and inspect the implementation of the policy in due course.
State Taxation Administration of The People's Republic of China, People's Republic of China (PRC)-Notice on extending the implementation period of phased reduction and exemption of enterprise social insurance premiums
Authoritative experts advise that real estate needs new policy support to improve the property market