Payroll in China

Payroll in China

China may no longer hold the title of the most populous country in the world—that distinction has now gone to India—but its 1.4 billion citizens and a GDP of around 18 trillion US dollars still make it a political and economic powerhouse. From the manufacturing and tech sectors to green energy and services, China offers vast opportunities to multinational businesses, but the unique payroll challenges should not be underestimated.


In this episode of Payroll Around the World, we’re joined by ADP experts Lily Ma and Junbin Li as they guide us through some of China’s most important labor laws and compliance issues, as well as local regulations. We’ll discuss China’s sophisticated social insurance system, the varying rules across its provinces and cities, and the mandatory Public Housing Fund, a housing allowance for workers that both employers and employees contribute to. We also hear from Dongdong, a teacher in Shanghai, who tells us her personal experiences with the housing fund and how she and her husband used it to purchase a home.


Timestamps

  • Intro [00:07]
  • Navigating China’s many provinces [04:44]
  • China’s income tax system [09:14]
  • Unique data privacy laws and how ADP is helping [14:07]
  • China’s Housing Provident Fund [18:15]
  • Dongdong’s story [21:20]
  • What’s exciting about payroll in China? [25:40]


Credits

  • Executive Producers for ADP: Nicola Smith and Kate Allen
  • Executive Producer for Storythings: Matt Locke
  • Recorded, edited, mixed and mastered by: Chris Mitchell
  • Scripted and hosted by: Luisa Rollenhagen
  • Guest interview recorded by: Rebecca Kanthor
  • Project Manager: Aimee Perrinjaquet

Hosted on Acast. See acast.com/privacy for more information.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(21)

Payroll in Sweden

Payroll in Sweden

When you think of Sweden, the first things that come to mind are probably the priceless treasure that is ABBA, flat-pack furniture, and delicious little meatballs. But the Scandinavian nation has much...

26 Touko 26min

Payroll in Switzerland

Payroll in Switzerland

Switzerland is most often associated with chocolate, extraordinarily beautiful mountains, banks, and precise clockwork. But behind the European country’s picturesque Alpine landscape lies a patchwork ...

10 Maalis 29min

Payroll in Hong Kong

Payroll in Hong Kong

Hong Kong is one of the world’s most dynamic business hubs. The special administrative region is famous for its buzzing economy, bustling street food scene, and its strategic position as a gateway to ...

21 Tammi 39min

Payroll in South Africa

Payroll in South Africa

As the largest economy in sub-Saharan Africa and one of the continent’s top three alongside Nigeria and Egypt, South Africa stands as a vital hub of economic, cultural, and political activity across t...

14 Marras 202540min

Payroll in Poland

Payroll in Poland

Poland is one of Europe’s fastest-growing economies and a regional powerhouse in sectors like manufacturing and shared services. The country has made a name for itself on the global market thanks to a...

22 Syys 202538min

Payroll in Canada

Payroll in Canada

Canada is considered a stable, business-friendly, and economically advanced country, and it’s no surprise that many global organizations look north when expanding their operations. With 10 provinces a...

27 Elo 202542min

Payroll in Tunisia

Payroll in Tunisia

Tunisia is Africa’s northernmost country and has formed a bridge between the Mediterranean and Africa’s Maghreb region for centuries. The country follows a French-style legal framework, and while Arab...

23 Heinä 202533min

Payroll in the Netherlands

Payroll in the Netherlands

The Netherlands may be best known for its postcard-perfect canals, colorful fields of tulips, and a famously bicycle-friendly lifestyle, but it's also a powerhouse in the global economy. Many multinat...

13 Kesä 202534min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-oivalluksia-rahasta-elamasta
rss-rahapodi
ostan-asuntoja-podcast
rss-karon-grilli
inderespodi
rahapuhetta
oppimisen-psykologia
asuntoasiaa-paivakirjat
rss-inderes
rss-rahamania
rss-porssipuhetta
rss-sami-miettinen-neuvottelija
vapauta-supervoimasi-podcast
lakicast
rss-paasipodi
rss-bisnesta-bebeja
rss-itsmeharryfi-podcast