Labour costs for private businesses in China are expected to rise dramatically next year. Photo: EPA-EFE

Small Chinese firms seek ‘lessons in survival’ as they brace for impact of social welfare taxes

Already under pressure from the trade war, businesses look for ‘tricks’ to keep costs in check as authorities get tough on collecting social security payments

Topic |   China economy

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Labour costs for private businesses in China are expected to rise dramatically next year. Photo: EPA-EFE
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He Huifeng

He Huifeng

He Huifeng is an award-winning journalist and has been focusing on mainland news reporting since 2001 for several overseas media. She has gained an in-depth knowledge of political, economic and social issues on the mainland through years of close observation, which has given her a love for journalism in the field.