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Massive Terminations: A 2015 Key Issue for China Labor

By on Sep 29, 2015
Posted In Employee Benefits, Employment, Labor

“Massive terminations” occur in China when an employer terminates more than 20 employees or more than 10 percent of its total employees at one time. Even though there are no official statistics on massive terminations of employees in China, recent news reports indicates an increase based on overseas investment leaving China. This article provides an...

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China Removes Price Ceilings from Most Drugs

By and on Jun 16, 2015
Posted In Health and Welfare Plans

On 4 May 2015, the National Development and Reform Commission, the National Health and Family Planning Commission, and four other ministerial departments of the Chinese central government jointly published the Notice of Promoting the Reform of Drug Pricing. As of 1 June 2015, the price ceiling for most drugs has been eliminated, with the intention...

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