"We've organised three rounds of talks with Asia and one round with France, and we have also organised initial conversations with Norway and The country," said Xu Yanjun, deputy director of the Public Insurance Administration under the Secretary of state for Human Resources and Public Security, in an exclusive interview with China suppliers Daily.
Xu said 11 nations, including Finland, Singapore, Denmark, Spain and Europe, have expressed their desire to negotiate with China suppliers since a regulation, which states that all visitors operating in China suppliers will be protected by social protection, took effect on Oct 15, 2011.
China's Public Insurance Law allows international employees to enjoy retirement, healthcare, work-related damage, lack of employment and pregnancy insurance coverage just like those for China people.
Workers and business employers in China suppliers jointly pay endowment, healthcare and lack of employment insurance coverage but business employers are responsible for shelling out for work-related damage insurance coverage and pregnancy insurance coverage.
Germany and Southern region South korea have finalized shared contracts with China suppliers.
The contract between China suppliers and Malaysia exempts employees from the other country from shelling out endowment and lack of employment insurance coverage.
The cope with Southern region South korea exempts employees from shelling out endowment insurance coverage, Xu said.
"The two contracts have benefited 4,500 Spanish people and 2,000 Koreans operating in China suppliers, as well as 10,700 China operating in those two nations," he said.
Agreements such as these are common practice in other nations as they help avoid double payment of social insurance coverage contributions.
Negotiating teams are made up of each country's social protection and international affairs departments, he said.
"Negotiations mainly focus on the type of insurance coverage the cope might cover. Each party has their own considerations. It normally takes a year or two to complete the conversations and sign the cope," Xu said.
Maiko Niwa, who performs at a media firm in China, accepted the opportunity of an contract.
She contributes jointly with her organization for insurance coverage and she will begin to pay endowment insurance coverage in June.
"I hope the contract that the China and Japanese authorities are discussing will exempt me from shelling out endowment insurance coverage because it's a burden and I don't know how long I will stay in China suppliers. Besides, I have already participated in identical insurance coverage schemes in Asia," Niwa said.
She hopes that the policy will continue because it is convenient to go to hospitals protected by China insurance coverage and she can have some of her healthcare charges repaid.
A Remedial citizen also accepted the benefits an contract would bring.
"It will be best part about it if it is finalized because I think there is little probability of me going in China suppliers," said Eskil Hallstrom, 27, who performs at a China advertising organization.
But he wants insurance coverage free because his private insurance coverage he bought in Norway covers healthcare expenses in China suppliers.
Workers in China suppliers pay 8 % of their income, and business employers pay an amount equal to 20 % of staff members' income each month, to retirement living accounts. Workers must contribute to the retirement living for at least 15 years to collect it after cheap caps hats going.