Recently, the State Council's State-owned Assets Administration Commission issued a notice to seek public comments on the “Measures for Managing Overseas Social Security Risks of Central Enterprises”. The “Measures” suggest that central enterprises should establish and improve social security risk assessment mechanisms covering the entire life cycle of overseas projects, improve evaluation standards and procedures, and organize social security risk assessments for overseas projects, taking into account actual business practices. Social security risk assessment is used as a preliminary procedure for overseas business decisions. According to relevant requirements, in principle, business in extremely high-risk countries is prohibited, and business in high-risk countries is strictly controlled.

Zhitongcaijing · 1d ago
Recently, the State Council's State-owned Assets Administration Commission issued a notice to seek public comments on the “Measures for Managing Overseas Social Security Risks of Central Enterprises”. The “Measures” suggest that central enterprises should establish and improve social security risk assessment mechanisms covering the entire life cycle of overseas projects, improve evaluation standards and procedures, and organize social security risk assessments for overseas projects, taking into account actual business practices. Social security risk assessment is used as a preliminary procedure for overseas business decisions. According to relevant requirements, in principle, business in extremely high-risk countries is prohibited, and business in high-risk countries is strictly controlled.