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Commentary

3.6 Supplementary insurances

China

Chinese employers can choose to provide supplementary insurances for their employees at their own discretion. These include:

Supplementary pension insurance

It is also called Enterprise's Annuity. It aims to improve China's current basic pension scheme.

Based on the ruling of Enterprise's annuity, Chinese employers can apply for setting up their own enterprise's annuity plan with Ministry of Human Resources and Social Security of the People's Republic of China

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