Federal Councillor Alain Berset Meets Vice Premier Ma Kai in Beijing And Signs Social Security Agreement
by swisscham in Bilateral Relations
On his three-day visit to China, Federal Councillor Alain Berset held talks in Beijing with Vice Premier Ma Kai, social security minister, Yin Weimin, and culture minister, Luo Shugang. He also signed agreements on social security and cultural cooperation. Federal Councillor Berset and social security minister, Yin Weimin, signed a social security agreement which exempts employees posted abroad from the obligation to pay social security contributions in the other state for a maximum of six years. The discussions have been launched upon an initiative of SwissCham China following a survey to the Swiss companies present in China. In this way, employees working temporarily abroad can avoid having to pay contributions in both states or to change social security system. This should make it easier for international companies to move staff between the two countries. Over 600 Swiss businesses currently operate in China, with over 200,000 employees. Federal Councillor Berset also attended the Sino-Swiss Business Awards on 29 September, where he gave a speech on innovation and economic cooperation between the two countries. This was the second year that these awards have been presented, the previous occasion being in 2013.