2021年9月23日

The gap between revenue and expenditure of the social security fund in 2020 will exceed 600 billion yuan. The strategic reserve fund will be used for the first time, 50 billion yuan

As a result of the policy of temporarily reducing and reducing enterprises’ social security contributions, revenue from social security funds will not exceed expenditures in 2020, and 50 billion yuan will be used for the first time beyond the budgeted budget. In 2021, government subsidies will continue to increase, reaching 2.27 trillion yuan, and the pressure on the long-term balance of the social security fund will increase unabated

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