NI;U8?(A+?<@C#|)3;89=5?1_'>:>J|HG?
SYSTEM PROCESSING...
NI;U8?(A+?<@C#|)3;89=5?1_'>:>J|HG?
SYSTEM PROCESSING...
Posted: 2025-04-15 05:02:42 UTC

We use a score to evaluate content reliability. This article's score is high enough, and there are no largely false claims identified in this rollup.
We use a score to evaluate content reliability. This article's score is high enough, and there are no largely false claims identified in this rollup.
Status
Last Updated
2025-04-15 05:03:22 UTC
Verified By
Rollup News
A study by Professor Bai Chongen of Tsinghua University reveals that China's five social insurance contributions account for 40% of wages, approaching 50% in some areas. China's social insurance contributions are 3 times that of the five Nordic countries, 2.8 times that of the G7 countries, and 4.6 times that of neighboring East Asian countries, yet there are still huge deficits. Taxes account for 64% of the price of consumer goods, 1.8 times the value of the goods themselves. With a monthly income of 10,000 yuan, you pay 14% income tax, 12% housing fund, 8% pension insurance, and 4% medical unemployment insurance, totaling 3,800 yuan, leaving 6,200 yuan. If you spend this 6,200 yuan, you will need to pay 17% value-added tax and 28% various taxes for the goods you consume, about 2,800 yuan.
China's social insurance contributions are significantly higher compared to Nordic, G7, and East Asian countries.
High tax rates on consumer goods in China, accounting for a large portion of the final price.
Significant deductions from monthly income for taxes and social insurance, reducing disposable income.
High social insurance contributions compared to other countries.
Significant tax burden on consumer goods.
Reduced disposable income due to taxes and social insurance.