Shandong: Implementing subsidy policy for personal social security contributions in key industries.

Shandong recently introduced "Several Measures to Strengthen Employment Stability", covering various areas such as social insurance subsidies, stable job retention, and skills training. Among them, to support enterprises and stabilize employment positions, Shandong will implement a policy of subsidizing personal social insurance contributions in key industries. For key groups employed in key manufacturing industries and urgently needed life service industries in small and medium-sized enterprises, who sign labor contracts for more than 1 year and newly contribute or continue to contribute to basic endowment insurance, basic medical insurance, and unemployment insurance by 2025, they will be given a subsidy equivalent to 25% of their individual social insurance contributions. The proportion of stable job retention compensation for foreign trade enterprises will be increased. By the end of December 2025, the proportion of stable job retention compensation for large enterprises in related industries will be increased to 50% of the actual unemployment insurance premiums paid in the previous year, and the proportion for small and medium-sized enterprises will be increased to 90% of the actual unemployment insurance premiums paid in the previous year.