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By Xu Wei | China Daily | Updated: 2019-07-16 07:53

State-owned equity to top up social insurance

The State Council has called for full implementation of its policies to reduce employers' contributions to social insurance schemes to lighten corporate burdens and ensure pensions are paid on time and in full.

In a statement released after an executive meeting on Wednesday, the Cabinet said social insurance funds are operating steadily and are able to ensure payments on time and in full, despite fee reduction measures.

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