Legal basis: Article 40 of the Labor Contract Law of People's Republic of China (PRC), the employer may terminate the labor contract after notifying the employee in writing 30 days in advance or paying the employee an extra month's salary. Significant changes have taken place in the objective circumstances on which the labor contract was concluded, making it impossible to perform the labor contract. After consultation, the employer and the employee cannot reach an agreement on changing the contents of the labor contract.
Article 86 of "People's Republic of China (PRC) Social Insurance Law" * * * If the employer fails to pay the social insurance premium in full and on time, the social insurance premium collection agency shall order it to pay it within a time limit or make up for it, and from the date of default, an overdue fine of 0.5% shall be charged on a daily basis; Failing to pay within the time limit, the relevant administrative departments shall impose a fine of more than one time and less than three times the amount owed.