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China Daily | Updated: 2016-03-29 08:13

Lowering social security premiums

下调社保费率(xia tiao she bao fei lv)

During a news conference on March 16, Premier Li Keqiang said it is feasible to moderately lower social insurance premiums and those for the housing fund, in order to ease some of the burden on enterprises and let employees have more cash in hand.

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