According to relevant regulations, the exemption and deferred payment policies concerning basic pension insurance, unemployment insurance, and work injury insurance (Hereinafter referred to as the “Three Social Insurances”) will be implemented until 31 December 2020. The relevant matters are hereby announced as follows:

1.	The social insurance premiums payable by medium, small, and micro-sized enterprises (including individual industrial and commercial households who are insured as units) will be levied in full amount from January 2021 (Social insurance premiums are declared in the current month and paid in the following month. For example, the social insurance premiums that enterprises should pay for January 2021 should be paid in February 2021).
2.	The deferred payment unit shall handle the payment of “Three Social Insurance” premiums of the deferred periods through the Beijing Social Insurance Online Service Platform or the counter of the social insurance agency before the end of January 2021 and complete the payment in time according to the payment channel provided by the tax department. The specific deadline for social insurance services in January 2021 will be announced on the website of the Beijing Municipal Human Resources and Social Security Bureau.
3.	To avoid overdue payment caused by late payment and affecting the rights and interests of the insured employees, the insured unit is requested to arrange a reasonable time, prepare funds in advance, and handle related business in time.