New social security regulations in Guangzhou in 2023

In 2020, the minimum payment base of basic old-age insurance for employees in Guangzhou is 3,803 yuan. The minimum payment base of social medical insurance and maternity insurance for employees is 6 175 yuan. The minimum payment base of unemployment insurance is 2 100 yuan. The payment base of industrial injury insurance is divided into eight rates according to the industry.

Legal objectivity:

People's Republic of China (PRC) social insurance law

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The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.

People's Republic of China (PRC) social insurance law

Article 6

The state exercises strict supervision over social insurance funds.

The State Council and the people's governments of provinces, autonomous regions and municipalities directly under the Central Government shall establish and improve the supervision and management system of social insurance funds to ensure the safe and effective operation of social insurance funds.

People's governments at or above the county level shall take measures to encourage and support all sectors of society to participate in the supervision of social insurance funds.