Type of Social Insurance

Before the adjustment

After the adjustment

Payment Base

Employer

Employee

Employer

Employee

First

Grade

Basic Medical Insurance

6.0%

2%

6.0%

2%

It cannot be higher than 300% of last year’s average salary of Shenzhen employees. But it also cannot be less than 60% of last year’s average salary of Shenzhen employees.

Local Supplementary Medical Insurance

0.5%

0.2%

Maternity Insurance

0.5%

0.5%

Second

Grade

Basic Medical Insurance

0.5%

0.2%

0.5%

0.2%

It is based on the last year’s average salary of Shenzhen employees.

Local Supplementary Medical Insurance

0.1%

0.1%

Maternity Insurance

0.2%

0.2%

Third

Grade

Basic Medical Insurance

RMB8

RMB4

0.4%

0.1%

It is based on the last year’s average salary of Shenzhen employees.

Local Supplementary Medical Insurance

0.05%