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Social Security Payment Base of Hangzhou in 2007

1 103.5 yuan. According to the information about social security in 2007, the base of social security payment in Hangzhou in 2007 was 1 103.5 yuan, and social security refers to social insurance. Social insurance refers to a social and economic system that provides income or compensation for people who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons.