Enterprises, public institutions, social organizations, non-enterprise private entities, foundations, law firms, accounting firms and individual businesses with employees, within the territory of the People’s Republic of China, shall participate in employment injury insurance and pay employment injury insurance contributions for all their employees and hired workers. A system of industry-specific and floating rates is adopted for employment injury insurance, and the risks of employment injury are divided into eight categories according to the degree of employment injury risks in different industries. The benchmark rates are controlled at around 0.2 percent, 0.4 percent, 0.7 percent, 0.9 percent, 1.1 percent, 1.3 percent, 1.6 percent and 1.9 percent respectively for the eight categories. The contribution base for employment injury insurance is the total wages of all the employees in the entity. According to the policy of continuation of the temporarily reduced contribution rates for employment injury insurance, eligible regions can revise the contribution rates downward by 20 percent or 50 percent on the basis of the current rates, which will remain in effect until December 31, 2025.