2025 Public Holidays in China Announced
With the approval of the Party Central Committee and the State Council, according to the “National Holidays and Memorial Day Holiday Arrangement” revised in November 2024, starting from January 1, 2025, the public holidays for all citizens will be increased by 2 days, with an additional day added to both the Spring Festival and Labour Day.
New Social Contribution Limits in China’s Shanghai and Beijing Effective 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.
Social Contribution & Housing Fund Adjustment Notice in Shanghai and Beijing, China
Notifications have been received from various local governments to adjust the social contribution and housing fund caps, effective July 1, 2024.