China has universal healthcare, at many tiers from zero to half co-pay.
Pension Insurance: Provides retirement benefits after a required number of contribution years (typically 15 accumulative years).
Medical Insurance: Covers healthcare costs. In many cities, this is combined with Maternity Insurance.
Work-Related Injury Insurance (Workers’ Compensation): Covers medical expenses, rehabilitation, and disability compensation for occupational illnesses or workplace accidents.
Unemployment Insurance: Provides financial support if you are laid off.
Housing Provident Fund (HPF): A mandatory savings account where both the employer and employee contribute, which can be withdrawn for housing-related expenses like buying or renting a home.
China has universal healthcare, at many tiers from zero to half co-pay.
Pension Insurance: Provides retirement benefits after a required number of contribution years (typically 15 accumulative years).
Medical Insurance: Covers healthcare costs. In many cities, this is combined with Maternity Insurance.
Work-Related Injury Insurance (Workers’ Compensation): Covers medical expenses, rehabilitation, and disability compensation for occupational illnesses or workplace accidents.
Unemployment Insurance: Provides financial support if you are laid off.
Housing Provident Fund (HPF): A mandatory savings account where both the employer and employee contribute, which can be withdrawn for housing-related expenses like buying or renting a home.
Ew that sounds like the American system. Disgusting.