On 3 July, the Guangdong Provincial Department of Human Resources and Social Security, the Guangdong Provincial Department of Finance and the Guangdong Provincial Tax Service of the State Taxation Administration issued a joint circular (Yue Ren She Fa No. 122 [2020]) on extending the implementation of the provisional reduction and exemption of employers’ contributions to basic pension insurance, unemployment insurance and work-related injury insurance (three social insurances). More
