What's the difference between Guangzhou social security and Shenzhen social security?

Legal analysis: Guangzhou Social Security and Shenzhen Social Security belong to social insurance, and the contents paid are the same, including old-age insurance, medical insurance, maternity insurance, industrial injury insurance and unemployment insurance. The difference is only that the payment base is different, because the payment base is related to the average social wage in the previous year. Generally, Shenzhen has a higher base than Guangzhou. As of August, 2020, the minimum payment of Shenzhen social security five insurance is only 320.25 yuan, of which the individual payment is only 203.89 yuan. The minimum payment for social security in Guangzhou is 882.32 yuan, of which the individual payment is 43 1.94 yuan.

Legal basis: Article 12 of the Social Insurance Law of People's Republic of China (PRC), the employing unit shall pay the basic old-age insurance premium in proportion to the total wages of its employees as stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.