What are the labour laws applicable to business ventures in China?
China is home to many business ventures and, like many other countries, has laws related to labour and employment. The Chinese Labour Law of 1994 is the primary source of legislation that sets out labour and employment standards for business ventures in China. In accordance with the law, employers must provide workers with safe working conditions, and employers are responsible for occupational health and safety. The 1994 Labour Law also stipulates the terms of employment for employees, including contracts and wages. It provides for minimum wages, the payment of overtime, holidays and days off, social security benefits, job stability, and the creation of trade unions. It also defines the rights of employees to take collective or individual labour actions in order to protect their interests. In addition, the Labour Law sets up labour dispute resolution mechanisms, including mediation and arbitration, to resolve labour disputes between workers and employers. It also provides for the dismissal of workers and the setting of compensation in cases of unfair dismissal. Finally, the Labour Law stipulates basic labour protection measures, such as the prevention of occupational hazards, provision of worker safety equipment, and an insurance system for occupational injury. Overall, these labour laws maintain the basic rights of Chinese workers and employers, and ensure their protection in the workplace. By providing a framework for labour relations, these laws create a safe and secure business environment for foreign investors in China.
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