Legal analysis: government subsidy refers to the monetary assets or non-monetary assets obtained by enterprises from the government for free, but does not include the capital invested by the government as the owner of the enterprise. Government subsidies in China mainly include financial discount, R&D subsidies and policy subsidies.

Formal characteristics: The main forms of government subsidies are: financial allocation, financial discount, tax rebate and free allocation of non-monetary assets.

Government subsidies regulated by government subsidy standards mainly have the following characteristics:

1, free.

2. Economic resources from the government.

Legal basis: Article 11 of the Social Insurance Law of People's Republic of China (PRC) implements the combination of social pooling and individual accounts for basic old-age insurance.

The basic old-age insurance fund consists of employers, individual contributions and government subsidies.