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[–] 0 points 5 months ago (1 child)

China has universal healthcare, at many tiers from zero to half co-pay.

Pension Insurance: Provides retirement benefits after a required number of contribution years (typically 15 accumulative years).

Medical Insurance: Covers healthcare costs. In many cities, this is combined with Maternity Insurance.

Work-Related Injury Insurance (Workers' Compensation): Covers medical expenses, rehabilitation, and disability compensation for occupational illnesses or workplace accidents.

Unemployment Insurance: Provides financial support if you are laid off.

Housing Provident Fund (HPF): A mandatory savings account where both the employer and employee contribute, which can be withdrawn for housing-related expenses like buying or renting a home.

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