22 Sectors Allowed to Defer Social Insurance Premium Payments
15 June 2022
Business Advisory Section, HKTDC Research
The Ministry of Human Resources and Social Security and three other government departments recently announced a further expansion of temporary deferrals of social insurance premium payments. In addition to the five sectors announced earlier (catering; retail; tourism; civil aviation; and highways, waterways and railway transportation), another 17 pandemic-hit industries, including auto manufacturing and general machinery manufacturing, are being allowed to defer payments of social insurance premium until the end of 2022.
- Mainland China