According to the statistics data released by Shenzhen Statistic Bureau, the monthly average salary for the year of 2021 in Shenzhen is RMB12,964. Starting from July 1, 2022 to June 30, 2023, the contribution base for social insurance in Shenzhen will be adjusted to RMB12,964 accordingly. The average salary of the on-post employees working for urban companies in Guangdong Province for the year of 2021 is RMB 8,310.

Shenzhen adjusted the minimum and maximum contribution base for social insurance recently. The following base standard have been effective from 1 July 2022.

1. The maximum contribution base for pension Insurance shall not exceed 300% of the last year’s  average salary of the on-post employees working for urban companies in Guangdong Province,  which will be adjusted to RMB24,930 from July 2022 (i.e.RMB8,310× 300%).
   
   
2. The minimum contribution base for medical insurance shall be  RMB7,778;The maximum contribution base shall be RMB38,892 from July 2022.
   
   
3. The maximum contribution base for Maternity Insurance shall be RMB38,892 from July
   
   
4. The contribution base for Employment Injury Insurance is employee’s gross salary of last month, no top and bottom limitation.

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