Is there a reduction policy for social security in 2022?

Yes On February 20th, 2022, Ministry of Human Resources and Social Security, Ministry of Finance and State Taxation Administration of The People's Republic of China issued the Notice on Reducing Social Insurance Fees of Enterprises by Stages, in which social insurance can be deferred and late payment fees can be exempted. There is a social security reduction policy. The social security assistance policy is a good policy for the people affected by the epidemic, which guarantees the basic life of the people and reduces the burden of life.