Beijing: China has signed a bilateral social security agreement with Kyrgyzstan, which will help promote bilateral economic and trade exchange and personnel dialogue with Kyrgyzstan, a Chinese Ministry of Human Resources and Social Security official said Thursday.
According to the ministry, the agreement was signed by Chinese Minister for Human Resources and Social Security Minister Wang Xavoping and Chairman of Kyrgyzstan’s Social Fund, in Beijing, Beijing, in Beijing, in Beijing, and in Beijing on Wednesday. Were
Under the agreement, employees of Chinese companies in Kyrgyzstan will be exempted from a basic pension insurance contribution. Kyrgyz companies and employees will enjoy the same behavior as in China.
Once the two sides complete their respective domestic legal procedures, this agreement will be in force.
Since 2001, China has signed bilateral social security agreements with 12 other countries, including Germany, the Republic of Korea, Denmark, Finland, Canada, Switzerland, the Netherlands, France, Spain, Luxembourg, Japan and Serbia.
According to the official, Kyrgyzstan has about 70 70 Chinese financing businesses, of which about 3,000 Chinese employees.
