Issued by:    Shanghai Municipal Human Resources and Social Security Bureau, Shanghai Municipal Finance Bureau, State Taxation Administration Shanghai Tax Bureau
Issue No.: Hurenshegui (2024) No.25
Release Date: December 30, 2024
Effective Date: January 1, 2025
Links: http://service.shanghai.gov.cn/XingZhengWenDangKuJyh/XZGFDetails

The Notice clarifies the rates of unemployment insurance and work-related injury insurance in Shanghai in 2025. The main contents are as follows:

1. From January 1, 2025, to December 31, 2025, Shanghai will continue to implement a phased reduction in the unemployment insurance rate. The unemployment insurance will continue to be levied at a rate of 1%, with the employer contribution rate at 0.5% and the employee contribution rate at 0.5%.

2. Starting from January 1, 2025, Shanghai will cease the implementation of the reduced work-related injury insurance rate by 20%. From January 1, 2025, the benchmark rates for work-related injury insurance for industries classified from Category I to Category VIII in Shanghai will be adjusted according to the national benchmark rates. Specifically, the original rates of 0.16% to 1.52% will be adjusted to 0.2%, 0.4%, 0.7%, 0.9%, 1.1%, 1.3%, 1.6%, and 1.9% respectively.